"Through Algo Collateral, we have implemented a secure and sound collateral policy for our OTC Derivative business. The automation of the collateral process is key to the minimization of related operational risk and maximizing the return on our investment," remarked Nathan Bostock, Head of Abbey National Treasury Services. "Our decision to partner with Algo Collateral has been validated by the solution having been implemented on time and within budget."
"Abbey National Treasury Services has a strategic understanding of the
importance of managing operational risk in order to take full advantage of the
commercial opportunities presented by effective collateral management, one of
the many business benefits of our proven Algo Collateral solution," said
Michael Zerbs, Chief Executive Officer at Algorithmics.