Wire volumes & collateral calls spike – The COVID-19 treasury aftermath

27 April 2020 - In the current environment, rife with economic uncertainty and unprecedented market volatility, it has never been more important for a manager to have a reliable and efficient middle office.

Managers are currently under greater pressure to handle increased trading volumes, collateral calls and cash movements, all whilst their entire operations team is working remotely.

It is important to note that failures in any part of a firm’s middle office can have serious implications, for example, being late for a collateral call could mean the difference between whether or not your fund is deemed a credit risk.

In this latest report, given managers are experiencing unforeseen operational challenges, The Citco Group Limited and its affiliates (“Citco”) have compiled data on treasury and collateral management to highlight the unique situation managers are currently facing.

To access the report please click here..

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Ryan Fitzgerald

Ryan Fitzgerald

Head of Middle Office Solutions,
Citco Fund Services (USA) Inc.

T+1 201 793 5612