2 October 2023 – TS Imagine, the leading global, cross-asset provider of real-time trading, portfolio, and risk management solutions for financial institutions, and Cassini Systems (‘Cassini’), the leading provider of pre-and post-trade margin and collateral analytics for derivatives market participants, today announce a strategic partnership that will see enhanced, intelligent margin and collateral analytics available through TS Imagine’s product suite.
The strategic partnership means that users of TS Imagine’s technology will benefit from access to Cassini’s intelligent analytics across over the counter (OTC) and exchange traded derivatives (ETD) products, complementing the firm’s existing suite of proprietary cross-asset analytics. Cassini’s highly specialized offering will give investment and risk teams front-to-back margin and cost analysis across the entire lifecycle of a trade.
Cassini’s platform provides the only full front-to-back solution covering margin, collateral and cost analytics for all classes of cleared and uncleared OTC derivatives as well as futures and options. The partnership allows integration of these core competencies within TS Imagine’s product suite, enabling users to bring post-trade analytics into the pre-trade process
With this integration, TS Imagine users will now be able to calculate margin requirements and optimize collateral usage in derivatives markets, as well as analyze drivers and movement in margin exposure, reduce initial margin levels and maximize margin efficiency.
Andrew Morgan, president and chief revenue officer at TS Imagine, said: “Today’s announcement combines decades of experience in our respective fields to deliver our clients a comprehensive and in-depth suite of analytics. Working closely with Cassini, we can help investment and risk management teams streamline workflows, cut complexity and control their total cost of ownership. This partnership will draw on the strong synergies between our businesses to deliver our clients best-in-breed functionality through a single system – a significant advantage in fast-paced markets.”
Liam Huxley, CEO and founder of Cassini Systems, said: “We have built Cassini System’s margin and collateral analytics capabilities over many years to help firms trade and manage their exposures in highly complex derivatives markets. This partnership is an important milestone for both firms, opening our powerful customised calculations and analytics to new audiences in combination with TS Imagine’s technology to empower users across the hedge fund and prime brokerage space.”
The partnership with Cassini follows the announcement earlier in September that TS Imagine is partnering with regulatory compliance solutions provider, eflow, to bring trade surveillance capabilities into its existing suite of execution, order, and portfolio management solutions. In August, TS Imagine also announced that it is working with brokerage and investment group, CLSA, adding the firm’s AI-powered European algo suite to its list of certified brokers.
Tel: +44 (0) 20 7250 4770
About TS Imagine
TS Imagine delivers a best-in-class SaaS platform for integrated electronic front-office trading, portfolio management, and financial risk management tools to the buy-side and sell-side. Formed following the merger of TradingScreen and Imagine Software in 2021, TS Imagine innovates by drawing on nearly thirty years’ experience serving the world’s most sophisticated financial services firms through changing markets and a shifting regulatory landscape.
The TS Imagine team is focused on developing technology that empowers its clients to succeed every day, in every asset class. TS Imagine employs the best technology talent, alongside former senior traders who understand first-hand their client’s pressure points and how to address them. This complementary expertise, unique to the industry, enables TS Imagine to dive deep in areas such as data science, automation, and development. As a result, clients can focus on what they do best: generating and protecting alpha within fast evolving markets.
By offering a range of purpose-built solutions developed from the ground-up, TS Imagine technology has become an essential tool for the modern investor, working seamlessly across asset classes and geographies. With greater transparency, better efficiency, and infinite scalability, TS Imagine clients are empowered to circumvent distractions and avoid unnecessary tasks so they can maintain their focus on driving returns.
Founded in 2014, Cassini Systems offers an award-winning derivatives margin analytical platform that provides the industry’s only front-to-back margin and cost analysis across the entire lifecycle of a trade. Cassini users can calculate any margin on any cleared or uncleared derivatives asset, analyze drivers and movement in margin exposure, reduce Initial Margin levels, and maximize margin efficiency with the firm’s industry-leading, advanced algorithms.
Cassini’s services have a proven track record of enhancing portfolio returns at every point in the daily business cycle, empowering traders and portfolio managers to analyze instantly in the pre-trade stage the all-in, lifetime cost of a transaction. Top-tier hedge funds, asset managers, and global banks rely on Cassini for powerful, flexible, automated tools to manage their portfolios of over-the-counter and exchange-traded derivatives products. Cassini was named Best Analytics Solution to Address Capital Requirements/ Liquidity Risk in the RegTech Insight Awards 2023 and Named one of the Most Influential FinTech Firms 2023.