State Street has added pre-and post-trade optimisation and margin analytics capabilities to its Collateral+ service. In partnership with Cassini Systems, a provider of pre- and post-trade margin and collateral analytics for derivatives market participants, Collateral+ now offers an integrated, modular approach to optimisation, which addresses collateral efficiency from multiple angles. It Through Cassini’s technology, Collateral+ can optimise 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 optimisation as a post-trade utility with tools such as novation and compression to lower margin and funding requirements. A further module provides true collateral inventory optimisation based on clients’ collateral funding costs in combination with costs such as clearing fees.
