LCH.Clearnet Implemented Calypso Collateral Management Solution
- In implementing Calypso, LCH.Clearnet has replaced a front office vendor package and an in-house legacy platform in the back office and is now able to deliver automated, real-time Collateral Management operations.
Calypso Technology, a provider of cross-asset technology solutions for financial markets, announced today that LCH.Clearnet has completed a project to introduce the Calypso Collateral Management solution to its Collateral and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term Management (CaLM) offering.
With this development, LCH.Clearnet is said to be able to deliver further processing efficiencies with automated, real-time Collateral Management operations. The Calypso Collateral Management solution promises to deliver three key benefits: automated real-time management of liabilities, a consolidated view of member collateral assets facilitating a streamlined margin call process and full support for cash management and treasury services.
In implementing Calypso, LCH.Clearnet has replaced a vendor package in the front office and an in-house legacy platform in the back office. The Calypso solution is aimed at delivering real-time, accurate views of positions and collateral, as well as enhanced mitigation of operational risks.
“Successful implementation of the Calypso platform at LCH.Clearnet is a strong testimony of our ability to scale and perform to the demands of one of the leading Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term houses in the world,” stated Charles Marston, Chairman and CEO of Calypso. “We are especially proud of this endeavor, as it is an innovative and sophisticated combination of our core solutions for capital markets, treasury and collateral management.”
Calypso Technology, a provider of cross-asset technology solutions for financial markets, announced today that LCH.Clearnet has completed a project to introduce the Calypso Collateral Management solution to its Collateral and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term Management (CaLM) offering.
With this development, LCH.Clearnet is said to be able to deliver further processing efficiencies with automated, real-time Collateral Management operations. The Calypso Collateral Management solution promises to deliver three key benefits: automated real-time management of liabilities, a consolidated view of member collateral assets facilitating a streamlined margin call process and full support for cash management and treasury services.
In implementing Calypso, LCH.Clearnet has replaced a vendor package in the front office and an in-house legacy platform in the back office. The Calypso solution is aimed at delivering real-time, accurate views of positions and collateral, as well as enhanced mitigation of operational risks.
“Successful implementation of the Calypso platform at LCH.Clearnet is a strong testimony of our ability to scale and perform to the demands of one of the leading Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term houses in the world,” stated Charles Marston, Chairman and CEO of Calypso. “We are especially proud of this endeavor, as it is an innovative and sophisticated combination of our core solutions for capital markets, treasury and collateral management.”