03 August 2017
London
Reporter: Jenna Lomax

Elixium and Lombard Risk partner to enhance repo and collateral management


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.

“The 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” said Helen Nicol, global product director of collateral solutions at Lombard Risk.

Nick McCall, CEO of Elixium, added: “Market participants will further benefit from Elixium Partner’s all-to-all marketplace, by having access to new liquidity within regulated, multi-centre MTF environments.”

More news
The latest news from Securities Lending Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Pension plans accuse banks of anti-competitive behaviour
18 August 2017 | New York | Reporter: Drew Nicol
Three US pension plans have accused six of securities lending’s biggest banks of blocking nascent platforms and keeping the market for themselves
Repo passes judgement on MMF collateral rules
18 August 2017 | Brussels | Reporter: Drew Nicol
Thirteen industry stakeholders made up of major global banks and industry associations responded, with largely positive feedback on ESMA’s proposals
UBS expands securities lending team
17 August 2017 | Zurich | Reporter: Drew Nicol
UBS’s has regained Iwan Lichtsteiner as a member of its fixed income, securities lending and financing team, effective from October
Clearstream angling for central role in China’s market growth
17 August 2017 | Luxembourg | Reporter: Drew Nicol
Deutsche Börse Group and Clearstream representatives will be present at the Shanghai International Financial Advisory Council being at the end of August
Whitebox Advisors chooses Broadridge suite solution
17 August 2017 | New York | Reporter: Drew Nicol
Whitebox Advisors has mandated Broadridge Financial Solutions to transform its technology platform into a fully integrated, hedge fund operation
Clearstream confirms rates for September
16 August 2017 | London | Reporter: Jenna Lomax
The market infrastructure provider charges different rates for equities and debt, and on a per currency basis
CloudMargin unveils microsite for OTC derivatives
15 August 2017 | London | Reporter: Jenna Lomax
The new microsite, designed by UK-based design agency Eight Arms, was created to help financial institutions globally become accustomed to the new margin rules and other regulations affecting their collateral management functions