Cassini Systems opens office in Singapore to expand derivatives margin and collateral analytics

Rick Steves

“We have seen with current clients that robust liquidity risk management needs to transcend regulation to a more advanced framework, such as one that encompasses the understanding of margin and collateral at pre-trade.”

Cassini Systems has announced its expansion into Singapore, with a new office under the management of David Liew, Head of APAC Sales and Operations.

The new office will also count with Gaston Tan’s experience in the technology and financial sector, with previous experience including Goldman Sachs and Accenture.

Cassini is a derivatives margin and collateral analytics platform that provides front-to-back analysis across the entire lifecycle of a trade.

Cassini provides its solution directly to clients and through partnerships, such as the one with the Singapore Exchange (SGX), to help improve companies’ operations. Its analytics are used by some of the most significant institutions, saving firms millions of dollars annually in margin costs.

“Robust liquidity risk management needs to transcend regulation”

David Liew, Head of APAC Sales and Operations of Cassini Systems, said: “The APAC region is growing exponentially, and it is a great opportunity for us to further expand into Singapore. We have seen with current clients that robust liquidity risk management needs to transcend regulation to a more advanced framework, such as one that encompasses the understanding of margin and collateral at pre-trade.

“This enables decisions on the most appropriate trading strategy and one that meets firms’ cash flow. With Gaston Tan in charge of client delivery, we can continue tailoring our service to clients’ needs as liquidity management moves into the limelight for financial companies and regulators.”

The expansion into Singapore aims to address the growing demand for margin and collateral analytics in APAC amid the skyrocketing margin calls and high volatility in recent years which have led financial institutions to re-examine how best to manage liquidity.

The APAC region is no exception, with the Monetary Authority of Singapore (MAS) publishing the revised Notice 651 in 2022, which sets out requirements for a bank to disclose information related to its internal liquidity risk measurement and management framework.

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