CloudMargin and DTCC-Euroclear’s GlobalCollateral unit have entered into an agreement to connect CloudMargin with the latter’s Margin Transit Utility.
CloudMargin Connects to DTCC Euroclear
Tag: CloudMargin
CloudMargin
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.
