State Street Collateral+ Delivers New Analytics and Optimization Capabilities in Partnership with Cassini Systems
November 22, 2021 at 07:30 am EST
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State Street Corporation announced it has added market leading pre-and post-trade optimization and margin analytics capabilities to its Collateral+ service. In partnership with Cassini Systems, the leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants, Collateral+ now offers an integrated, modular approach to optimization, which addresses collateral efficiency from multiple angles. First, it integrates collateral and funding impact into the front-office decision strategy ahead of the trades being placed. Through the addition of Cassini?s technology, Collateral+ can optimize margin and carry cost impact, providing the best trade route by identifying all possible ways to execute and clear the trade and highlighting the lowest cost. Collateral+ can also offer margin optimization as a post-trade utility with tools such as novation and compression to lower margin and funding requirements. Another module provides true collateral inventory optimization based on clients? collateral funding costs in combination with costs such as clearing fees. This optimization highlights the optimal placement of collateral and the lowest transaction cost routes. Through the bank?s liquidity offerings, including Sponsored Repo and the newly launched Peer-to-Peer Repo, clients can leverage incremental cash and optimized securities revenues in order to effectively execute and grow their investments.
State Street Corporation is a financial holding company organized around 2 areas of activity:
- investment services (83.1% of net sales): services intended mainly to mutual funds, collective investment funds, corporate and public retirement plans, insurance companies and foundations. The group provides services including custody, daily pricing, record keeping and administration, shareholder services, foreign exchange, brokerage and other trading services, securities finance, loan and lease financing, investment manager and hedge fund manager operations outsourcing, performance, risk and compliance analytics;
- investment management (16.9%). State Street Corporation offers, primarily to institutional investors, investment management and investment research services for managing financial assets, including passive and active United States and non-United States equity and fixed-income.
The United States accounts for 55.1% of net sales.