Solutions
31 May 2023

APAC liquidity requirements drive need for new Cassini Singapore presence

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LONDON / NEW YORK / SYDNEY / SINGAPORE, 31 May 2023 – With recent periods of high volatility and margin calls skyrocketing in recent years, financial institutions have been re-examining how best to manage liquidity. The APAC region is no exception, with the Monetary Authority of Singapore (MAS) publishing the revised Notice 651 in 2022, which sets out requirements for a bank to disclose information related to its internal liquidity risk measurement and management framework.

With the increased demand for margin and collateral analytics in the region, Cassini Systems is announcing its expansion into Singapore with a new office and new hire.

As the only derivatives margin and collateral analytics platform that provides front-to-back analysis across the entire lifecycle of a trade, Cassini will now have a physical presence in Singapore to better serve its clients in the region.

Under the management of David Liew, Head of APAC Sales and Operations, the new office will also benefit from Gaston Tan’s experience in the technology and financial sector, with previous experience including Goldman Sachs and Accenture.

David Liew, Head of APAC Sales and Operations of Cassini Systems, said: “The APAC region is growing exponentially, and it is a great opportunity for us to further expand into Singapore. We have seen with current clients that robust liquidity risk management needs to transcend regulation to a more advanced framework, such as one that encompasses the understanding of margin and collateral at pre-trade. This enables decisions on the most appropriate trading strategy that meets firms’ cash flow. With Gaston Tan in charge of client delivery, we can continue tailoring our service to client’s needs as liquidity management moves into the limelight for financial companies and regulators.”

Cassini provides its multi-award-winning solution directly to clients and through partnerships, such as the one with the Singapore Exchange (SGX), to help improve companies’ operations. Its analytics are used by some of the most significant institutions, saving firms millions of dollars annually in margin costs.

 

Editorial contacts:

John Norris / Alice Jiga

Moonlight IQ

Email: cassini@moonlightiq.com

Tel: +44 (0) 20 7250 4770

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