US-based KeyBank has deployed transaction management solutions vendor SmartStream Technologies’ TLM Collateral Management OnDemand solution to handle margining for its cleared and non-cleared OTC derivatives, repos and securities lending business.
The cloud-based solution is now live and is helping to streamline efficiencies within KeyBank’s collateral management operations, handling data capture, validation, calculation and processing. The use of APIs links the application to other reporting solutions and downstream systems, and a management dashboard provides trend analysis and decision-making capabilities, enabling the bank to further improve and automate operational and credit risk strategies, and reduce internal infrastructure and support costs.
Subscribe to our newsletter