The rollout of the new platform is the latest innovation from the securities finance firm over the past year to enhance the collateral management infrastructure.
Despite the extension to comply with the final phase of the uncleared margin rules, major operational challenges remain for buy-side firms.
Northern Trust will use technology provided by AcadiaSoft for an outsourced collateral optimisation solution.
PIMCO will use OpenGamma’s technology in a bid to reduce margin financing costs for derivatives trading.
The project has been lauded by industry experts, and HQLAx founder Guido Stroemer was included in Global Custodian’s 30 to Shape the Future list.
Clearstream went live with the InvestorCSD model last year with the aim of providing banks a single access point to both T2S and its ICSD services.
The peer-to-peer model appears to have turned a corner as global custodians rollout a number of initiatives to encourage end-users to transition.
JP Morgan has developed a DLT-based system alongside Baton Systems to speed-up and automate post-trade margin payments.
Citi has leveraged the ISDA SIMM model to launch a new regulatory margin calculation service for buy-side firms that come into scope from 2020 and 2021.
Greater acceptance of ETFs as collateral is one way of fully unlocking ETF inventory for market participants.