Elixium and Lombard Risk partner to enhance repo and collateral management
03 August 2017 London
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Lombard Risk and Elixium have teamed up to improve repo trading and collateral management capabilities.
The joint offering will pair the Elixium marketplace with the Lombard Risk cross-asset collateral management solution, Colline, to provide market participants with collateralised liquidity and a complete end-to-end automated repo trading and margin call management system.
According to Lombard Risk, the combined offering will provide a cohesive solution for customers to benefit from efficiencies, liquidity and best value in terms of global trading.
Their agreement also aims to solve the institutional complexity of managing product silos and multiple IT systems.
鈥淭he Elixium partnership represents an innovative way to utilise technology to achieve added liquidity within the repo market by enabling true end-to-end collateralisation, allowing firms to better sense, react, and continuously learn from their activities in the market鈥� said Helen Nicol, global product director of collateral solutions at Lombard Risk.
Nick McCall, CEO of Elixium, added: 鈥淢arket participants will further benefit from Elixium Partner鈥檚 all-to-all marketplace, by having access to new liquidity within regulated, multi-centre MTF environments.鈥�
The joint offering will pair the Elixium marketplace with the Lombard Risk cross-asset collateral management solution, Colline, to provide market participants with collateralised liquidity and a complete end-to-end automated repo trading and margin call management system.
According to Lombard Risk, the combined offering will provide a cohesive solution for customers to benefit from efficiencies, liquidity and best value in terms of global trading.
Their agreement also aims to solve the institutional complexity of managing product silos and multiple IT systems.
鈥淭he Elixium partnership represents an innovative way to utilise technology to achieve added liquidity within the repo market by enabling true end-to-end collateralisation, allowing firms to better sense, react, and continuously learn from their activities in the market鈥� said Helen Nicol, global product director of collateral solutions at Lombard Risk.
Nick McCall, CEO of Elixium, added: 鈥淢arket participants will further benefit from Elixium Partner鈥檚 all-to-all marketplace, by having access to new liquidity within regulated, multi-centre MTF environments.鈥�
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