New York and London – February 8th, 2019 – Cassini Systems, the leading market provider for pre and post trade analytics for derivatives trading, has been named Best Trading and Execution Platform of the Year in the HFM US Hedge Fund Technology Awards 2019.
Designed to celebrate and acknowledge the achievements of best-in-class technology and solutions that have shown exemplary service and innovation, the award marks the second time Cassini Systems have been honoured with a coveted title from HFM US technology, winning the Best Derivatives Solution title last year.
Cassini CEO and Founder, Liam Huxley said: “This has been a great year for Cassini; strengthening our offering with new capabilities and significantly growing our client base, and the Cassini team, across multiple continents. This, all while continuing to form business alliances and partnerships with leading players within the industry to continually increase access to our service across the buy-side market”.
Late last year, Cassini announced their partnership with Charles River Development to automate the calculation of margin and estimates and provide advanced pre and post trade analytics in the Charles River Investment Management Solution (Charles River IMS) for OTC and exchange-traded derivatives.
Cassini Systems provides pre-trade IM estimates in real time for exchange-traded, cleared OTC, and non-cleared OTC derivatives and enables ‘what-if’ analysis to help firms gauge the impact of IM on their portfolios, trades, and legal agreements.
For cleared derivatives, firms can also determine the lowest cost Central Counter-parties (CCP) and Futures Clearing Merchants (FCM) to clear through. For non-cleared derivatives, Cassini estimates IM impact on portfolios by applying ISDA Standard Initial Margin Model (SIMM™). Cassini also provides end-of-day margin estimates for OTC and exchange traded derivatives.