This latest version of Colline CCP has been developed to meet the demand for a real-time unified view of centrally cleared and bilateral trades of all product types. Colline CCPâs real-time platform aggregates and compares mark-to-market trade valuations by central counterparty, principal and independent valuation across product types, meeting a market need to understand and optimise capital opportunity at the time of trade.
Helen Bramley, Product Manager at Lombard Risk, explains: âWe developed Colline CCP working closely with clearing houses and customers to deliver a consolidated view of risk and costs associated with the clearing of OTC derivatives and listed transactions. Given the increasing complexity of managing and reporting cleared and uncleared trade populations, understanding credit risk from a total cost perspective becomes a necessity and, once employed, a competitive advantage for our customers. Transparency of data is key! â
Colline CCP provides clearing brokers, direct clearing entities and financial institutions with the calculation, validation, reconciliation, workflow and reporting capabilities they need to proactively manage counterparty credit risk and facilitate the handling and flexible reporting of omnibus and segregated trade populations required by evolving regulatory regimes worldwide.
John Wisbey, CEO of Lombard Risk, said: âWith the move of OTC derivatives transactions to futures industry infrastructure, margin costs are expected to rise significantly. Given these increased costs, it is more important than ever to manage collateral proactively and expertly. Colline CCP provides our customers a sophisticated view of their counterparty risk and the tools to manage that risk in every way that is required by internal, clearing and regulatory concerns."
Colline CCP data management and exception processing tools were designed to be responsive and flexible for those who must grapple with complex OTC trade characteristics within existing futures industry frameworks.
Colline's powerful margin management and reporting tools allow clearing entities of all types to undertake OTC trades with confidence and onboard new clients with ease.