Lombard Risk, a provider of collateral management software, has extended its collateral management and clearing platform COLLINE to support upcoming margin requirements for uncleared derivatives.
New margin rules for derivatives that are unable to be centrally cleared through central counterparties (CCPs) will be phased in from December 2015, starting with banks and dealers.
“The configurable design allows us to easily adapt and enhance the solution as regulations are imposed rather than having to build new modules to support the ever-changing regulations as many of the other industry vendors have been doing to keep pace,” says John Wisbey, CEO, Lombard Risk.
COLLINE’s OTC Clearing functionality has been available since 2010.
Lombard Risk Extends COLLINE for Uncleared Derivatives
Lombard Risk, a provider of collateral management software, has extended its collateral management and clearing platform COLLINE to support upcoming margin requirements for uncleared derivatives.