Tag: Global Collateral

Global Collateral

Six Firms Join DTCC-Euroclear Collateral Initiative

DTCC-Euroclear Global Collateral, the joint venture of Euroclear and The Depository Trust & Clearing Corporation (DTCC), has announced that the Margin Transit Utility (MTU) collateral settlement infrastructure community has added six more dealers to its roster as it moves beyond its pilot production phase.
Goldman Sachs, JP Morgan, Morgan Stanley, Societe Generale, UBS and Wells Fargo have adopted MTU, Global Collateral says, joining over 30 investment management, administrator and custodian firms, including Brandywine Global Investment Management, Fidelity International, Franklin Templeton, Vanguard and Brown Brothers Harriman (BBH) who have adopted the service.

Global Collateral, NEX Team Up for Margin Solution

DTCC-Euroclear Global Collateral, a joint venture of Euroclear and The Depository Trust & Clearing Corporation, and NEX, have announced a new partnership to streamline and improve OTC derivatives margin call processes.
As a new member of the Global Collateral Partner Program, NEX is currently working to link its TriResolve Margin Web-based collateral management solution with Global Collateral’s Margin Transit Utility to provide mutual clients with a centralised view across margin call operations. The connected service will also help users to meet regulatory compliance objectives around the margining of uncleared OTC derivatives transactions.