State Street Collateral+ Delivers New Analytics and Optimization Capabilities in Partnership with Cassini Systems
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Monday, November 22, 2021
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State Street Corporation (NYSE:STT) announced today it has added market leading pre-and post-trade optimization and margin analytics capabilities to its Collateral+ service.
Key Points:
- State Street Corporation (NYSE:STT) announced today it has added market leading pre-and post-trade optimization and margin analytics capabilities to its Collateral+ service.
- In partnership with Cassini Systems , the leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants, Collateral+ now offers an integrated, modular approach to optimization, which addresses collateral efficiency from multiple angles.
- Collateral+ can also offer margin optimization as a post-trade utility with tools such as novation and compression to lower margin and funding requirements.
- Our work with Cassini to develop Collateral+ to provide the intelligence and pre-trade knowledge to the desk is enabling State Street to deliver on this, said Sam Edwards, head of Collateral+ in APAC for State Street.