Clearstream veteran Miriam Marascio has joined CloudMargin to oversee onboarding, support and relationships with clients.
RBC I&TS has launched the service initially with one of Canada’s largest pension funds, and is s part of its evolving middle-office solution.
TriOptima’s former CEO and Goldman Sachs veteran Stuart Connolly has been named chief executive at CloudMargin.
PPM will use the platform for its entire collateral management margin workflow, collateral optimisation and trade reconciliation processes.
The move makes Deutsche Bank the first of the major global banks to adopt cloud technology for collateral and margin management.
CloudMargin is the first technology provider to connect to GlobalCollateral’s partner programme, as the joint venture between the two market infrastructures continues to integrate the utility.