CloudMargin onboards $9 billion US asset manager to collateral platform
PPM will use the platform for its entire collateral management margin workflow, collateral optimisation and trade reconciliation processes.
PPM will use the platform for its entire collateral management margin workflow, collateral optimisation and trade reconciliation processes.
The move makes Deutsche Bank the first of the major global banks to adopt cloud technology for collateral and margin management.
The service will streamline corporate actions, dividend and coupon processing across asset classes, business lines and regions.
The deal comes six months after Torstone entered the Norwegian market following its connection to the local CSD.