ICMA’s Ops FinTech working group, which devised the report, directory, compared the capabilities of different providers across the market based on responses of practitioners who have extensive experience in collateral management and related areas.
The mapping directory is free to access via the association’s website for the public.
The guide covers collateral management, corporate actions, exposure agreements, intraday liquidity, know-your-customer onboarding, matching, confirmation and allocation, static data and standard settlement instructions, workflow and communication and reconciliations.
Although ICMA considers the guide to be extensive it does not constitute an exhaustive list of providers in the market.
ICMA will update the list on a regular basis to include other existing or new solutions.
The mandate of ICMA’s Ops FinTech Working Group (WG), which is a subgroup of the European Repo and Collateral Council is to develop a better understanding of existing tools and emerging financial technology solutions for collateral management and ancillary services.