LONDON / NEW YORK / SYDNEY / HONG KONG, 13 July 2022 – Cassini Systems, the leading provider of pre-and post-trade margin and collateral analytics for derivatives market participants, has been recognized as an industry leader in Collateral Management Optimization at this year’s RiskTech Buyside 50. Presented by Chartis Research, the RiskTech Buyside 50 ranks the world’s top buy-side and risk technology companies based on the innovative solutions and technologies they contribute to their respective industries.
Cassini is the provider of a unique platform that integrates domain-specific information from the front-, middle-, and back-offices to provide an integrated view of post-trade risk and cost, meeting the needs of front-office pre-trade, middle-office/risk post-trade, and end-of-day operations. As buy-side firms face the challenge of collateralized trading, collateral liquidity constraints, and higher dealer costs due to the cost of capital, many are realizing the importance of a holistic view of post-trade costs across front-office, risk, treasury, and collateral operations. To achieve this, firms must have the ability to understand margin drivers intraday — not just end-of-day — and across the entire lifecycle of a trade; all in one centralized place.
Cassini has solved this problem by creating the only truly integrated front-to-back solution in which 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. Through the consumption of core models and data from each part of the organization, Cassini can offer analytical models that support pre-trade, post-trade, and end-of-day functions. These analytics are also provided via API and integration tools, meaning the solution fits seamlessly into existing workflows.
Liam Huxley, Founder and CEO of Cassini: “Being acknowledged as an industry leader in collateral management optimization is further proof that Cassini is developing in line with the needs of our users. Our powerful margin analytics tool, which streamlines complex trading decisions, is unlike anything else in the market, and we will continue to improve our platform to best serve the financial industry as it grows and evolves.”
“Asset managers are on a constant search for returns in tight-margin markets, and continue to expand their investment strategies with derivatives, both OTC and exchange-traded – and to mitigate risk with detailed hedging strategies,” said Jay Wolstenholme, Research Director at Chartis. “Collateral margining is a key aspect in meeting all regulatory issues and being super cost-efficient by using the best collateral available. Cassini’s collateral-margining algorithms enable asset managers to surmount all their UMR and regulatory hurdles while achieving basis-point gains within their portfolios.”
This award follows closely behind Cassini’s recognition as the Best Front-to-Back-Office Integration Initiative at WatersTechnology Asia Awards 2022. Cassini aims to remain at the edge of technological development to aid the simplification and profitability of trades even as the financial sector continues to experience volatility in the market. Looking toward the future, this is a goal that Cassini is striving to apply to both the commodities and energy industries as well.
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John Norris / Alice Jiga
Tel: +44 (0) 20 7250 4770
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.