TriOptima’s former CEO and Goldman Sachs veteran Stuart Connolly has been named chief executive at CloudMargin.
The solution follows a partnership with AcadiaSoft’s Initial Margin Risk Suite for automating collateral management processes.
Torstone Technology will add Percentile’s risk and compliance platform to its post-trade services following acquisition.
PPM will use the platform for its entire collateral management margin workflow, collateral optimisation and trade reconciliation processes.
Citi was the first US bank to offer client swap clearing through Eurex, and eight funds have joined Citi to use the service.
The move makes Deutsche Bank the first of the major global banks to adopt cloud technology for collateral and margin management.
AcadiaSoft’s flagship MarginSphere well help streamline and automate the margin process for Charles River IMS and its middle-office teams.
Jeffrey Mooney was part of the regulatory team responsible for the US transition to a T+2 settlement cycle in 2017.
As Brexit looms, Societe Generale is to open a new base in Paris for clearing of derivatives and OTC products by the end of the year.