BNP Paribas Securities Services will expand its collateral management service, Finextra reports. The service will be extended to include centrally cleared over-the-counter (OTC) derivatives introduced by new rules, helping institutional investors lower associated costs and complexities.
The service will be offered through a real-time view of both centrally and bilaterally cleared trades. It will assist institutional investors manage collateral and risk measurement across multiple counterparties, dealers, clearers and central counterparties and changing eligibility requirements.
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