Improving Collateral Management processes is a critical industry priority, but there is no universal solution. âThis is clearly the newest frontier for those managing the Operational infrastructures of investment managers. Itâs the ultimate data management challenge given the sheer breadth and volume of data, coupled with the strict intra-day daily deadlines,â comments IntegriDATAâs CEO, Mitchel J. Schulman. ISDA shed further light on the comprehensive requirements in its 6/30/10 publication entitled âBest Practices for the OTC Derivatives Collateral Processâ. However, meeting ISDAâs best practices for many firms means utilizing full-time IT and Operations knowledge workers that are already stretched and/or adding incremental staff.
IntegriDATA brings together best in class technology with senior staff that individually possess over 20 years of hands-on experience managing Operations, Accounting and Technology functions within leading global asset management firms. âWe are staffing our outsourcing service with real industry experts and offering it at an affordable price. The new SaaS and BPO options of CAARS allow our clients to have their process handled at the highest standard of quality, in a highly cost effective manner. The monthly service fees also could adjust should a firmâs derivative book contract in size,â states Mr. Schulman.