Ivno and CloudMargin announce strategic partnership combining blockchain technology with collateral management
LONDON, June 24, 2021 /PRNewswire/ -- Ivno , the London-based financial markets Tokenization company, and CloudMargin ,creator of the world's first and only collateral and margin management solution native to the cloud,today announced a new strategic partnership that leverages Ivno's distributed ledger technology (DLT) and CloudMargin's collateral management capabilities.
- LONDON, June 24, 2021 /PRNewswire/ -- Ivno , the London-based financial markets Tokenization company, and CloudMargin ,creator of the world's first and only collateral and margin management solution native to the cloud,today announced a new strategic partnership that leverages Ivno's distributed ledger technology (DLT) and CloudMargin's collateral management capabilities.
- Market participants will have the ability to Tokenize cash, cash equivalent and high-quality liquid assets (HQLA) to use for collateral.
- Simon Millington, Global Head of Business Development at CloudMargin, said: "CloudMargin has always strived to be at the forefront of modern technology initiatives within collateral management.
- With more than 20 integration partnerships, CloudMargin was the first collateral management solution provider to be a member of the SWIFT network, facilitating straight-through processing through settlement.