Cinnober launches risk management system tailored uniquely to CCP needs
Risk and collateral management – fit for the new clearing landscape with growing volumes and versatile scope of cleared contractsCinnober announces the launch of a stand-alone risk management solution dedicated to the needs of central clearing counterparties (CCPs). The post-financial crisis regulations, including Basel III, EMIR and Dodd Frank, have transformed the landscape for clearinghouses. A wider range of contracts are traded on electronic platforms and cleared centrally, and the importance of CCPs as safeguards of financial stability has increased. “