Algo Collateral Decision Support
Algo Collateral Decision Support allows for enhanced trading opportunities, particularly for institutions trading with hedge funds and asset managers, to expand the types of collateral and organizations they deal with beyond cash and securities. The tool also supports institutions that undertake stock loans and wish to see the concentration rules used in stock lending applied to other business lines. Concentration and advanced eligibility checking tools can be used as a controlled environment to simulate the effects of taking new collateral prior to accepting it.
IT departments will benefit from Algo Collateral's service-oriented architecture (SOA), a flexible innovation that will help customers respond faster and more cost-effectively to changes in market conditions. By replacing business objects with services, the SOA approach simplifies deployment, improves client interaction, and allows for processing to be distributed across multiple servers if needed. Algo Collateral clients can expect significant performance gains, as well as enhanced scalability and availability through this next generation architecture, which sets a new standard in collateral management.
Through a flexible rule builder, Algo Collateral Decision Support supports a variety of limits and controls that allow banks and organizations to specify how they wish to deal with margining rules. Among the advanced reporting options, automated notifications can be integrated into the workflow process, notifying collateral managers when concentration limits have been broken, and when collateral is no longer eligible.