Trascend addresses need to integrate ESG data into collateral management

Rick Steves

“Our new ESG solutions deliver a configurable solution to integrate these criteria into the broader Transcend product suite.”

Transcend claims to be the first technology vendor to systematically integrate ESG data into collateral management processes.

The provider of analytics, optimization, and automation for collateral, liquidity, and funding, has made ESG criteria available to integrate into collateral decisions and analytics.

ESG impacting all aspects of the financial ecosystem

Bimal Kadikar, Chief Executive Officer at Transcend, commented: “We understand how critical it is to stay ahead of the needs of our customers and partners and develop truly future-generation solutions. With ESG now impacting all aspects of the financial services ecosystem and becoming increasingly present in collateralized businesses, integrating ESG data into Transcend’s infrastructure was a natural next step in our innovation strategy.”

Todd Hodgin, Transcends new Global Head of Product, said: “Our new ESG solutions deliver a configurable solution to integrate these criteria into the broader Transcend product suite. As with all Transcend products, we are proud to deliver the capabilities required to help our clients efficiently and effectively meet requirements today, while offering the flexibility needed to nimbly adapt to best practices as they evolve in the future.”

Transcend’s ESG capabilities seamlessly allow clients to:
• Centrally store ESG criteria alongside ESG performance metrics and collateral schedules for robust inventory management, rich portfolio analytics and seamless booking automation
• Systematically run intraday or ad hoc validation and sufficiency testing to assess whether collateral received is in line with client and/or internal ESG requirements
• Integrate ESG criteria into Transcend’s optimization engine for collateral recommendations that meet ESG requirements while improving performance.
• Flexibly integrate with any preferred ESG data provider

In 2021, Trascend launched CCP Central

As the industry looks to standardize ESG data and agreements, Transcend shows the way to ingest ESG criteria in a variety of client-preferred formats including restriction lists, scores, and metrics.

Market participants can count on Transcend for a scalable infrastructure to integrate disparate counterparty and client agreements and further automate collateral decisions.

Transcend has recently launched CCP Central, which connects, optimizes, and automates enterprise-wide margin and collateral activities across a global network of Central Clearing Counterparties (CCPs).

Transcend’s functionality and optimization capabilities empower firms to systematically identify and execute the securities movements that satisfy their margin requirement. Ultimately, this helps firms reserve scarce collateral resources and improve liquidity while driving enhanced operational efficiency.

  • Read this next

    Digital Assets

    Celsius founder Mashinsky agrees to shared lawyers with Sam Bankman-Fried

    Former Celsius CEO Alex Mashinsky has addressed potential conflicts of interest in his legal representation during a brief hearing in a New York courtroom.

    Digital Assets

    Sam Bankman-Fried captured in first jail photo

    Sam Bankman-Fried, the once-billionaire founder of FTX, has been spotted looking quite different with a new beard and a slimmer figure in a photo that’s been making rounds, reportedly taken inside New York’s Metropolitan Detention Centre.

    Market News

    Bitcoin stalls at $53,000 level, Ethereum reaches $3,000

    Bitcoin (BTC) faced renewed resistance at the crucial $53,000 level on Tuesday, indicating that the primary cryptocurrency is likely to continue consolidating before making its next decisive move.

    Digital Assets

    UK targets new laws for stablecoins and crypto staking within six months

    The United Kingdom is gearing up to enact fresh legislation regulating stablecoins and crypto staking within the next six months.


    Masa’s Milestones Before Mainnet Launch

    Since its launch in August 2022, Masa, the premier decentralized network for personal data, has experienced rapid growth, securing over 1.2 million unique wallets and accumulating more than 23 million data points. Despite a bear market, the network has attracted over 40,000 node operators to its testnet within just 18 months.

    Digital Assets

    Web3 Greatest Startup Competition Hits $10M in Prizes

    We’re thrilled to announce the return of the highly anticipated Startup Competition at Paris Blockchain Week. With a staggering array of prizes totaling over $10 million, encompassing funding, grants, credits, accelerations, listing, and more, this competition has become a cornerstone event within the blockchain startup ecosystem.  

    Digital Assets

    Hedge fund Tyr Capital faces dispute over exposure to FTX

    Crypto hedge fund Tyr Capital found itself embroiled in a dispute with one of its clients concerning its investment exposure to the bankrupt digital assets exchange FTX, as reported by the Financial Times on Tuesday.

    Retail FX

    Plus500 revenue down to $725 million, unveils $100M share buyback

    Israeli-based, but London-stock market listed Plus500 Ltd (LON:PLUS) today reported its 2023 results, which came “significantly ahead” of analysts’ estimates.


    Strategies for Profiting from Interest Rate Fluctuations

    The world of Forex trading is a complex and dynamic domain where interest rates play a pivotal role in shaping currency values. Octa’s team of financial experts delves into this intricate relationship, providing traders with a comprehensive understanding and strategies to harness economic indicators for enhanced trading performance.