Old Mutual Global Investors compliments its existing oversight and governance controls by using CloudMargin’s automated Collateral Management platform.
CloudMargin, the low-cost high-performance collateral management platform, today announced that it has been selected to provide collateral management technology for Old Mutual Global Investors. The implementation was successfully completed in January 2015.
Andy Davies, founder and CEO of CloudMargin, commented “We are delighted that CloudMargin has been selected by Old Mutual Global Investors and it has been a privilege to add them to our rapidly growing client base. It shows that our solution is scalable for every type and size of buy-side institution.”
“I’ve been really impressed by the system’s functionality and by how straightforward the onboarding process was. CloudMargin has also been very responsive to our requests for enhancements” said Dan Cunningham, Head of Investment Operations at Old Mutual Global Investors.
CloudMargin is the collateral management technology provider meeting the growing need for an affordable, understandable and functionally complete alternative to outdated and overpriced technology, spreadsheets, or manual processes. Focusing on the needs of firms such as corporate treasurers, insurers, pension funds, banks and asset managers allows CloudMargin to avoid the unnecessary and expensive complications of highly bespoke sell-side focused solutions and instead deliver a cost-effective and understandable web-based platform. Low-cost "pay as you go" menu-based pricing means the end to lengthy technology contracts with punitive exit clauses and costly upgrade cycles. The simple yet powerful web-based interface gives total visibility of proprietary and counterparty or CCP positions while state of the art data visualization and reporting puts clients firmly in control of their businesses.