About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Kempen Capital Manages Collateral and Reduces Risk with Omgeo ProtoColl

Subscribe to our newsletter

Amsterdam-based asset manager Kempen Capital Management has implemented Omgeo’s ProtoColl to automate collateral management for OTC derivatives and reduce counterparty and operational risk.

The asset manager first outsourced collateral management before bringing it back in house and creating a Microsoft Excel spreadsheet solution that has now been replaced with ProtoColl. The software went live in September 2011 and is integrated with the firm’s investment management system to manage all OTC derivatives collateral management. This is not the asset manager’s first brush with Omgeo, it is already a user of the vendor’s Central Trade Manager for equities trading.

Returning to collateral management, Pascal Kolk, derivates operations specialist at Kempen, explains: “When a process is really important to your firm, you tend to want to manage the process in-house so that you can retain knowledge and control. We had a clear idea of what we needed from a collateral management solution. When we compared the functionality of Omgeo ProtoColl to other collateral management applications, ProtoColl was the best match.”

Martin Loxley, director of collateral management at Omgeo, adds: “Collateral management for OTC derivatives needs an automated solution including a strong audit trail. The risk benefits are reduced counterparty and operational risk, while automation improves efficiency.” Kempen has implemented ProtoColl in-house, but it is also offered by Omgeo as a hosted service and to date has won 20 users worldwide.

Ahead of forthcoming European and US regulatory requirements for OTC derivates to be cleared centrally, Omgeo is enhancing the central clearing element of ProtoColl and preparing to release more functionality and enhancements for the software in the second quarter.

These include more detailed reporting of information related to different forms of derivatives and where they are being cleared, integration of ProtoColl with additional direct clearing members to support automation of collateral management, and enhancements to the ProtoColl dashboard to deliver more granular but easy to understand management information.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Detecting and preventing market abuse

Market abuse – unlawful disclosure of inside information, insider trading, circular trading, “pump and dump” schemes, etc. – poses significant threats to the integrity of capital markets. In 2024, global trading house Trafigura agreed to pay a $55 million fine to the U.S. Commodity Futures Trading Commission (CFTC) for trading with non-public information, manipulating a...

BLOG

Reporting Seen Among Use Cases Benefiting from Cloud-based Data Management for AI

Artificial intelligence is being adopted by financial regulators at pace, putting pressure on the financial institutions that the overseers serve to double down on their reporting capabilities. It’s no surprise to find that the same AI that’s helping regulators can aid organisations in getting those reporting procedures in place. To do so, however, they need...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...