Derivative Path, the leading provider of cloud-based capital markets and risk management technology, and CloudMargin, the only cloud-native collateral and margin management solution, have announced a strategic partnership to offer an integrated front-to-back solution for the management of over-the-counter (OTC) derivatives and collateral, thereby facilitating the seamless interaction between the Derivative Path DerivativeEDGE solution and the market-leading solution offered by CloudMargin, meeting the pressing industry need for a unified, automated, and audit-ready solution for operational and compliance efficiency by regional and community banks and buy-side institutions by migrating legal entity and agreement data from Derivative Path’s DerivativeEDGE solution to CloudMargin’s market-leading solution and providing single sign-on capabilities. “This partnership exemplifies what true complementarity looks like in capital markets technology,” said Zack Nagelberg, Chief Growth Officer at Derivative Path. “We’ve built DerivativeEDGE to serve as the system of record and pre-and post-trade workflow engine for OTC derivatives. By integrating with CloudMargin’s market-leading collateral platform, we are removing workflow friction for our clients while increasing control, transparency, and scalability.”
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The company is the leading provider of technology solutions in cloud-delivered capital markets and risk management, and CloudMargin is the only solution that is native to the cloud and dedicated to the execution of collateral and margin management. The companies have now entered into a partnership which would enable the seamless interaction between the Derivative Path DerivativeEDGE solution and the leading solution executed by CloudMargin, and this partnership would address the pressing need in the industry for an integrated and automated solution that would enhance the efficiency and operational and compliance processes by regional and community banks and buy-side institutions through the migration of legal entity and agreement data from the Derivative Path DerivativeEDGE solution into the leading solution executed by CloudMargin.