Directory · Middle and back office
Collateral and margin
40 products carry this category. Categories are tags, so several of these also appear elsewhere.
What is meant by Collateral and margin?
Calculation and management of margin owed to and from counterparties, tracking of eligible collateral, optimisation of what is posted, and management of the disputes that follow.
Who uses Collateral and margin?
Operations and treasury.
What gets confused with Collateral and margin?
Treasury and cash management, which is about the firm's own liquidity. Collateral management is about obligations to counterparties.
What should you ask a vendor about Collateral and margin?
Coverage of your specific agreements and eligibility schedules matters more than the optimisation mathematics.
This definition is Buyside Fintech’s own editorial work, not a vendor’s. The products listed below carry the sources we read.
Collateral and margin products
40 PRODUCTS
1Token CAM1TokenTracks collateral positions and margin utilisation across exchanges and custodians for digital-asset funds, allocators, lenders and prime brokers.ALTO InvestmentAmundi TechnologyA front-to-back platform for asset managers and asset owners covering portfolio construction and analysis, order management and execution, embedded investment guidelines and pre- and post-trade controls, market and liquidity risk, instrument and benchmark data, and operations through to corporate actions, reconciliations and NAV control.Baton COREBaton SystemsPayment and settlement orchestration across FX, liquidity, payments and collateral, with real-time visibility and programmable settlement controls.Core-CollateralBaton SystemsOptimizes collateral allocations and speeds movements across clearing counterparties and custodians; the client base named on the site is predominantly large banks rather than buy-side firms.BitGo Custody and Prime ServicesBitGoRegulated digital asset custody paired with a prime offering that ties trading, financing, collateral management and settlement together for institutional holders.CollateralONEBNYBuy-side collateral, financing and liquidity ecosystem inside BNY Margin Services, alongside triparty collateral management, segregation and Margin Direct.Capitolis Portfolio OptimizationCapitolisOffsets redundant positions across counterparties to cut capital and collateral requirements, with a separate capital marketplace connecting banks to institutional investors.Cassini Margin and Collateral IntelligenceCassini SystemsPre-trade and post-trade margin analytics and collateral optimization for cleared OTC, bilateral OTC and listed derivatives, sold heavily to hedge funds and asset managers.Clarus Financial TechnologyClarus Financial TechnologyAnalytics for derivatives margin, scenario analysis and hedging, plus aggregated data on swaps and other derivatives.CloudMarginCloudMarginCloud-native SaaS collateral management workflow used by asset managers, pensions, insurers and hedge funds to run margin calls end to end.ClearLoop NetworkCopperCollateral mobility network for digital assets that lets funds keep collateral in custody while margining across trading venues and prime brokers.Copper Qualified Custody and ClearLoopCopperInstitutional digital asset custody with collateral management, financing and the ClearLoop network for settling against exchanges without moving assets out of custody.Middle Office ServicesCSC (Corporation Service Company)Outsourced trade settlement, confirms and OTC verification, collateral management, P&L and cash reconciliation for fund clients.Derivative PathDerivative PathPlatform and advisory service for interest rate and FX hedging, used by fund managers to size, execute, monitor and report hedges from deal evaluation through exit.ElwoodElwood TechnologiesModular digital asset OEMS covering execution, portfolio, risk, collateral and reconciliation for professional institutions.EquiLend Post-Trade SuiteEquiLendSecurities finance post-trade services including the Risk Resolution Suite, Settlement Monitor and an Enhanced SSI Repository that accepts SSI input directly from custodians or buy-side clients.FIS Post Trade Processing PlatformFISCloud post-trade platform covering settlement, middle office, accounting, corporate actions and collateral across securities, derivatives and tokenized assets; this is the former Torstone Technology platform, whose site now redirects to FIS.Fordefi MPC Wallet PlatformFordefiSelf-custodial multi-party-computation wallet and policy engine with built-in trading and exchange connectivity, used by hedge funds, market makers and asset managers.Hazeltree FinanceHazeltreeTreasury and liquidity platform for alternative managers whose Finance and Margin Replication modules cover securities finance, margin and collateral across prime brokers.Hazeltree TreasuryHazeltreeCloud treasury, liquidity, sweeps and securities-finance platform built specifically for hedge funds, private markets firms and fund administrators.HQLAxHQLAxDistributed-ledger platform that transfers ownership of collateral across custody pools without moving the securities; shareholders include Goldman Sachs, HSBC, BNY, BNP Paribas and UBS.IVP Treasury ManagementIndus Valley PartnersSingle platform for cash forecasting, collateral and margin, FX hedging and financing for hedge funds and asset managers.ICE Market Price Valuation (MPV)Intercontinental ExchangeIndependent valuations for OTC derivatives across commodities, credit, equities, FX and interest rates.Outsourced Middle Office ServicesIQ-EQTrade capture, shadow books, reconciliation, cash and collateral management run inside the client's own OMS/PMS rather than a proprietary platform.Kayenta Treasury Management SystemKayentaHedge-fund treasury system covering financing wallet, stock-loan benchmarking, billing compare and cost attribution.AcadiaLSEGIndustry margin utility (Margin Manager, Collateral Manager, Agreement Manager, IM Exposure Manager) that moves margin calls between counterparties; formerly AcadiaSoft, acadia.inc now redirects to LSEG.MX.3 for Collateral ManagementMurexModule of the MX.3 platform running variation and initial margin through settlement, with cheapest-to-deliver collateral allocation and a real-time global inventory.OSTTRA triResolve MarginOSTTRAAutomated margin call calculation, dispute resolution and settlement across bilateral OTC, cleared, repo and exchange-traded derivatives; the former TriOptima service.CollateralConnectPirum SystemsSecurities finance automation hub whose CollateralConnect module handles exposure, margin and collateral across the securities lending and repo lifecycle.Quantifi Risk ManagementQuantifiUnified market, counterparty, liquidity and credit risk view for investment managers trading credit and derivatives.Ripple PrimeRippleThe prime brokerage formerly named Hidden Road, now owned by Ripple, offering cross-margined clearing and financing across digital assets, FX, metals, derivatives and repo with tri-party custody support.Sernova Clearing, Collateral and Risk InfrastructureSernova FinancialShared-utility post-trade infrastructure for cleared and OTC derivatives covering clearing, collateral and risk, sold to banks, brokers, hedge funds and proprietary traders.Margin & Cost Optimization (MaCO)Siman SystemsReplicates and optimises prime broker, OTC and exchange margin, with real-time cash reporting; the site states it is now part of Hazeltree Fund Services.Smart ReconciliationsSmartStream TechnologiesHigh-volume reconciliation and exception management for cash, securities and settlements, with an AI layer the vendor calls Air.Taurus-PROTECTTaurusEnterprise custody platform with hot, warm and cold storage and granular governance rules, sold to banks, broker-dealers and market infrastructures rather than direct to funds.OpenGammaTrading TechnologiesDerivatives margin analytics and capital optimization for hedge funds and commodity trading firms; acquired by Trading Technologies on 17 December 2025 and being folded into the TT platform.TranscendTranscend Street SolutionsCollateral optimization and eligibility modules (Buyside Central, CCP Central, Eligibility Central, Cross Triparty Optimization) plus liquidity and inventory intelligence; still independent, backed by a 7RIDGE Series B.CollineVermegLong-standing web-based collateral platform covering derivatives, repo, securities lending, TBAs and ETDs for banks, asset managers and servicers.MegaraVermegModular post-trade suite for custodians, depositories and clearing houses whose modules include corporate actions, settlement, collateral and fund administration.i-RecsWatson Wheatley Financial SystemsReconciles positions, balances, trades, cash flows and P&L for hedge funds and commodity traders, and claims full margin-account reconciliation for listed and OTC derivatives.