Lombard launches collateral management application

FirmRisk Collateral manages all the major methodologies for supporting collateral management arrangements within the over-the-counter derivatives markets, Lombard claimed. The web-based application covers standard industry documentation and can support any trades that might fall under an International Swaps and Derivatives Association master agreement.

As the number of institutions trading OTC products on a collateralised basis continues to increase, there will be an increased need for specialised management systems, Lombard added. Spending on collateral management technology is expected to grow significantly in the next few years, with spending estimates reaching $134 million by 2005.

Although Lombard has yet to sign up a client for the new product, it is in talks with a number of banks, hedge funds and corporates interested in signing up FirmRisk Collateral.

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.

Next-generation technologies and the future of trading

At a Risk.net webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

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