How a trillion-dollar Asset Manager set up its margin, collateral and funding desk using Cassini
Like many other firms that trade Uncleared OTC derivatives, our client had to comply with the Uncleared Margin Rules (UMR).
It was clear to the client that the challenge of UMR was one that, if appropriately addressed, also created an opportunity to better understand post-trade costs across the trade lifecycle. With heightened pre-trade capabilities providing better transparency into margin drivers, they could improve their Profit and Loss (P&L) across the entire business.
Using Cassini’s suite of margin, collateral, and funding analytics from pre-trade to post-trade, our customer was able to make immediate margin savings
At an assumed funding cost of 5%, this saved the firm approximately $1,500,000 in annualized funding charges.
Download the case study to find out more about:
· The client background
· Their challenges
· Their goals
· The client results
· Why they used Cassini