LCH.Clearnet Selects Calypso's Collateral Management System

LCH.Clearnet has implemented Calypso Technology’s collateral management system into LCH’s Collateral and Liquidity Management (CaLM) offering.

By using Calypso’s system, LCH.Clearnet can gain processing efficiencies with automated, real-time collateral ,anagement operations. Calypso says the solution offers three key benefits: automated real-time management of liabilities, a consolidated view of members’ collateral assets facilitating a streamlined margin call process, and full support for cash management and treasury services.

The system replaces a vendor package that LCH was using in the front office and an in-house platform they were using in the back office.

“Successful implementation of the Calypso platform at LCH.Clearnet is a strong testimony of our ability to scale and perform to the demands of one of the leading clearing houses in the world,” says Charles Marston, chairman and CEO of Calypso. “We are especially proud of this endeavor, as it is an innovative and sophisticated combination of our core solutions for capital markets, treasury and collateral management.”