CME Group To Offer Cloud-Based Integrated Collateral Management Solution

Global Derivatives marketplace CME Group has announced that it is collaborating with CloudMargin, a collateral management provider, to offer CME Clearing and CME Clearing Europe customers the first cloud-based software service which integrates and automates the management of collateral in one place.

The collaboration will ensure that collateral management becomes even more accessible and robust.

The news comes just over a month after CME Group announced that it was joining forces with Crypto Facilities to launch Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Reference Rate and Real-Time Index products, which was reported by Finance Magnates.

With its latest collaboration, market participants will now have access to a consolidated view across their complete collateral inventory that they can utilise for both cleared and non-cleared derivatives transactions at any given point in time.

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Commenting on the collaboration, Sunil Cutinho, president of CME Clearing, said: “The cloud-based collateral management service will be of particular relevance for market participants who want to fulfill all of their operational and regulatory requirements efficiently. Our collaboration with CloudMargin will ensure that collateral management becomes even more accessible and robust."

The tool handles complex collateral requirements with multiple counterparties. It also provides automated connectivity to global custodians, banks, clearing brokers and clearing houses in order to manage collateral across all asset types and instruments.

Steve Husk, CEO of CloudMargin, added: "Our relationship with CME Group will immediately benefit all current and future members of the CloudMargin community. Where, through Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term, activity is migrating away from non-cleared transactions to central clearing, our expanded functionality in both areas ensures we remain able to support all our clients' end to end collateral management requirements in our fully automated, light touch cloud-based model."