Lombard Risk Management, a leading provider of integrated collateral management and regulatory reporting solutions, has announced a partnership with TMX Market Insights provision of calculation and margin analytics.
The collaboration solidifies a long-term relationship between the two companies and focuses on the integration of Lombard Risk's cross-asset collateral management software, COLLINE, with Razor Risk's leading-edge margin calculation technology.
The integrated solution provides real-time initial and variation margin calculations for call calculation and validation of external or counterparty/broker/CCP marks. Referred to as 'COLLINE Calcs', the software uses multiple internal or industry standard calculation models.
The solution takes into account existing portfolios and offset benefits and reduces the costs of sourcing eligible collateral.
The software also allows clients to validate the estimated margin calls from the CCPs. Firms can make pre-deal calculations within COLLINE ensuring effective risk measurement and control for improved profitability and efficiency ratios.
COLLINE Calcs will be made available from Q1 2017.