Increased regulation has caused financial institutions to have substantial capital tied up as collateral. With new rules on frequency of portfolio reconciliation, CFTC has widened the ambit of regulation to include smaller financial institutions. Hence, for all organizations, efficient collateral management is important to ensure adequate risk coverage without sacrificing liquidity.
eClerx manages the margin lifecycle for multiple clients. Our services include CSA setup, interest payments, portfolio reconciliation, and dispute resolution. We use leading industry tools including TriOptima® to help clients manage their collateral requirements. For smaller institutions, we have developed an in-house portfolio reconciliation engine. For centrally cleared portfolios, we manage collateral movement between clients and the Central Counter Party (CCP).