LONDON / NEW YORK / SYDNEY / HONG KONG, 30 June 2022 – Cassini Systems, the leading provider of pre-and post-trade margin and collateral analytics for derivatives market participants, has been named Best Front-to-Back-Office Integration Initiative at WatersTechnology Asia Awards 2022. The firm has been recognized for its integrated view of post-trade risk and its incorporation of operational data to provide more informed trading decisions and enable transparency with minimal impact to preexisting workflows and technologies. The win follows the company’s recent recognition as Best OTC Derivatives Margining Solution at this year’s FTF News Technology Innovation Awards and Best Post-Trade Technology in the 2022 HFM US Technology Awards. The WatersTechnology Asia Awards celebrate pre-eminent financial technology businesses that continually contribute to and achieve innovative solutions within the financial industry. Cassini competed against many companies to secure the votes of the judging panel and successfully secured a top spot as one of the winners. Buy-side firms are dealing with challenges relating to the prevalence of collateralized trading, collateral liquidity constraints, and higher dealer costs due to the cost of capital. As many are now recognizing, the only way to fully manage the resulting operational and trading costs is to have a unified view of post-trade costs across the front office, risk, treasury, and collateral operations. Cassini has solved this problem by being the only truly integrated front-to-back solution, and the leading provider of pre-and post-trade margin and collateral analytics. The firm’s unique platform integrates domain-specific information from the front-, middle-, and back offices to provide an integrated view of post-trade risk and cost back to the front-, middle-, and back-office systems. Trading portfolios, collateral, and operational data are integrated with risk and optimization models to enrich trading decisions, minimize the collateral impact on portfolios and enable complete transparency on the all-in costs of trading, lowering the cost of trading derivatives. Liam Huxley, Founder, and CEO at Cassini: “This achievement is a confirmation of our hard work and efforts and is clear proof that we are on the right track with both our technology and strategy. We at Cassini have been striving as a company to make integration easily accessible for all, and the customer-centric approach that we have adopted over recent years has further allowed us to prove our dedication to clients, particularly through times of instability within the financial market. We hope to continue on this trajectory, implementing more unique approaches and advanced solutions that fit seamlessly into the buy-side’s existing workflows.” Cassini has grown exponentially over the past year, as clients seek to optimize and lower the cost of trading derivatives. In the future, they expect to continue this upward trajectory as they further develop their award-winning margin analytics solution to suit the needs of the wider derivatives markets. |
# # # Editorial contacts: John Norris / Alice Jiga Moonlight IQ Email: cassini@moonlightiq.com Tel: +44 (0) 20 7250 4770 About Cassini: Founded in 2014, Cassini Systems offers an award-winning derivatives margin analytical platform that provides the industry’s only front-to-back margin and cost analysis across the entire lifecycle of a trade. Cassini users can calculate any margin on any cleared or uncleared derivatives asset; analyze drivers and movement in margin exposure; reduce Initial Margin levels; and maximize margin efficiency with the firms’ industry-leading, advanced algorithms. Cassini services have a proven track record of enhancing portfolio returns at every point in the daily business cycle, empowering traders, and portfolio managers with the ability to analyze instantly in the pre-trade stage the all-in, lifetime cost of a transaction. Top-tier hedge funds, asset managers, and Tier 1 banks rely on Cassini for powerful, flexible, automated tools to manage their portfolios of over-the-counter and exchange-traded derivatives products. Cassini was named Best UMR Service of the Year in the Risk Markets Technology Awards 2022. For more information, please visit Cassini and follow us on Twitter and LinkedIn. |