Euroclear and Transcend have launched a new client solution, combining Euroclear’s collateral management infrastructure with Transcend’s advanced optimisation technology.
The initiative follows the partnership announced between the two firms last year.
Amid ongoing regulatory change and the introduction of new liquidity frameworks, firms are facing unprecedented demand for high-quality collateral and rising funding costs. This service provides clients a holistic offering across their operations, strengthening liquidity management and achieving meaningful cost savings.
The new Euroclear Collateral Optimisation Service sets a new standard in delivering innovative solutions to the market while ensuring data segregation and protection. All data sets are integrated in real-time, ensuring venue-neutral, client-driven outcomes and seamless settlement. Clients can configure and run multiple models, include Euroclear and external collateral pools, and perform ‘what-if’ analyses to determine the most efficient collateral deployment.
The solution is integrated within Euroclear’s Collateral Highway, facilitating the secure and efficient settlement of the transactions.
Marije Verhelst, Head of Product Strategy and Product Development, Collateral Management and Securities Lending at Euroclear, said:
“We are delighted to introduce this new service, which addresses the growing demand from broker-dealers for more control over their collateral allocations through tailored models. This launch is the result of close collaboration across our teams and is designed to provide clients greater flexibility and insights to make more informed decisions. With this innovation, Euroclear continues to deliver forward-looking solutions that uphold our commitment to provide the highest standards of client service.”
Bimal Kadikar, Founder and CEO of Transcend, added:
“We are excited to partner with Euroclear to bring our industry-leading optimisation capabilities and network to Euroclear’s clients to streamline their collateral, liquidity and funding decisions. This advanced service enables seamless connectivity with Euroclear, while maintaining neutrality and segregation for multi-venue optimisation.”
