Tag: CloudMargin

CloudMargin

Citi, Deutsche Bank and Deutsche Borse Invest in CloudMargin

CloudMargin, a provider of a collateral and margin management solution native to the cloud, has announced that it has closed on its largest funding round to date, bringing in $15 million in a Series B capital raise. Primary investors were Deutsche Börse, and current CloudMargin clients Deutsche Bank and Citi. “We’re delighted to enjoy the […]

CloudMargin, SmartDX Partner to Tackle VM Rules

CloudMargin has partnered with SmartDX to produce a new offering aimed at helping firms comply with the new daily variation margin (VM) Rule that go into effect March 1.

CloudMargin provides web-based collateral and margin management solutions, while SmartDX offers automated trade and relationship document generation, collaboration and processing in the capital markets.

The two firms have now teamed up to produce an offering designed to enable buy-side investors and other over-the-counter (OTC) derivatives market participants to quickly and comprehensively sign new ISDA Documentation or “repaper” their OTC agreements with existing or new counterparties.