Danske Bank selects Algo Collateral

Denmark’s Danske Bank has implemented Algo Collateral from Toronto-based risk management software provider, Algorithmics, to support the expansion of its margining activities and collateralised counterparties.

Danske is the first Scandinavian bank to run Algo Collateral, a software system for managing enterprise collateral risk, optimising collateral assets and controlling collateral operational procedures across product lines. It is currently investigating the software's ability to host straight-through processing.

"Algo Collateral allows us to open up new lines of business with minimal outlay of additional technical or financial resources," said Søren Bolvig, project manager, Danske Bank.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Chartis RiskTech100® 2024

The latest iteration of the Chartis RiskTech100®, a comprehensive independent study of the world’s major players in risk and compliance technology, is acknowledged as the go-to for clear, accurate analysis of the risk technology marketplace. With its…

T+1: complacency before the storm?

This paper, created by WatersTechnology in association with Gresham Technologies, outlines what the move to T+1 (next-day settlement) of broker/dealer-executed trades in the US and Canadian markets means for buy-side and sell-side firms

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here