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

Point Nine Launches New Real-Time Counterparty Risk and Collateral Management Module

Subscribe to our newsletter

Middle and back office service provider Point Nine has added a new real-time counterparty risk and collateral management module to its service offering. The module, which has been dubbed Ellipse, was created in response to client requirements for increased automation for collateral management and greater analysis capabilities for counterparty risk measurement, claims Yannis Matsis, CEO of the vendor.

“There is little doubt that counterparty risk and collateral management are becoming increasingly important to practitioners and regulators alike. Ellipse was created in response to these market needs, and was developed taking into close account the requirements of the most demanding user, as well as the guidelines produced from various regulators,” says Matsis.

Accordingly, the web-based reporting tool monitors firms’ levels of counterparty exposure at any given time and allows them to manage their collateral movements, says the vendor. To this end, it captures various details of a client’s counterparties, including ISDA, CSA and GMRA agreements with each counterparty, the present value of each transaction as produced by the client and by each of its counterparties and the outstanding collateral movements with each counterparty.

Ellipse is able to produce various reports for the client, including the total exposure against each counterparty, the net exposure after taking into account the collateral movements, the transactions with significant valuation differences between the client and its counterparties and the daily required collateral movements. For each individual counterparty exposure, the reports are broken down by netting agreement, with the ability to drill down to individual transactions. Other reports provide aggregated exposures by grouping together counterparties by industry classification, geographical category, rating and other aggregation categories as customised by the client.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: In data we trust – How to ensure high quality data to power AI

Artificial intelligence is increasingly powering financial institutions’ processes and workflows, encompassing all parts of the enterprise from front-office to the back-office. As organisations seek to gain a competitive edge, they are trialling the technology in variety of ways to streamline and empower multiple use cases. Some are further than others along the path to achieving...

BLOG

GLEIF Begins a New Decade in Growth Mode

The Global Legal Identifier Foundation (GLEIF) enters its second decade this month with its novel system of identifiers for everything from companies and their financial instruments to real assets fast becoming a global standard. While the next five years are expected to see yet more entities join the GLEIF’s open data project, the organisation’s immediate...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

RegTech Suppliers Guide 2020/2021

Welcome to the second edition of A-Team Group’s RegTech Suppliers Guide, an essential aid for financial institutions sourcing innovative solutions to improve their regulatory response, and a showcase for encumbent and new RegTech vendors with offerings designed to match market demand. Available free of charge and based on an industry-wide survey, the guide provides a...