LONDON / NEW YORK / SYDNEY / SINGAPORE, 10 April 2024 – In a further leap for hedge funds, Cassini today announces enhancements to its platform. As the leading provider of front-to-back margin and collateral analytics and optimization tools for derivatives and prime brokerage (PB) clients, Cassini’s latest advancements considerably expand its capability to replicate PB margin across a diverse array of policy types. Additionally, it is introducing an innovative stress testing feature that fortifies hedge funds against forced liquidation events, thus contributing to the robustness of their risk frameworks.
Historically, only firms with access to complex and costly internal solutions have achieved the level of PB margin calculations and stress testing that Cassini now offers. By expanding coverage across more PBs to include stress-based, Value-at-Risk (VaR), and rule-based models, combined with new stress-testing capabilities, Cassini is democratizing access to critical buy-side treasury and risk solutions. These developments will allow all firms to enhance operational and liquidity risk controls.
Thomas Griffiths, Head of Product at Cassini, emphasized the importance of these additions, stating, “We are continually enhancing our products to prepare the industry for future market events and regulations. This development for hedge funds will enable them to take charge of their margin and collateral costs and ensure liquidity in volatile markets. Transparency into margin and collateral requirements is key; these newly released enhanced analytics allow hedge funds to understand the drivers of their margin, reconcile margin calls, and, importantly, fulfill fiduciary responsibilities to their investors.”
With the landscape of derivatives markets ever-changing and potential market-moving events on the horizon, such as the US presidential election and ongoing tensions in the Middle East, the need for hedge funds to prepare for future market conditions has never been more critical. Cassini’s enhanced solutions offer hedge funds a previously unavailable level of insight and preparedness.s
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Editorial contacts:
John Norris / Alice Jiga
Moonlight IQ
Email: cassini@moonlightiq.com
Tel: +44 (0) 20 7250 4770
About Cassini:
Cassini, since 2014, has been a forefront provider of margin and collateral analytics for derivatives users, streamlining costs and liquidity management across the trade lifecycle, from pre-trade to end-of-day. Users of our innovative analytics span the buy-side and the sell-side, including asset managers, hedge funds, pension funds, clearing brokers, and prime brokers. Merging cutting-edge algorithms with intelligence-driven insights, firms can enhance returns, minimize risks, and ensure swift margin calculations for all derivatives. Beyond analytics, Cassini partners in optimizing trade efficiency and portfolio performance, allowing instant pre-trade cost analysis and ongoing margin management optimization. Additionally, as an ISDA SIMM licensed vendor, Cassini enables hundreds of firms to meet regulatory compliance under the Uncleared Margin Rules.
Our dedication to innovation and excellence has garnered recognition, including the Best Analytics Solution Derivatives Technology Provider of the Year, and ranked as one of the top 50 Fintech firms in the UK, amongst other awards, and positions us as an intelligent analytical platform beyond traditional legacy systems. For a partnership that empowers smarter margin and collateral management, visit cassini.com
