Transcend
2 Case Studies
A Transcend Case Study
The customer, G-sib, a global US-based bank, faced the challenge of improving and coordinating its collateral management and funding processes across different business areas. To increase efficiencies and reduce both funding costs and compliance risk, the bank sought a centralized strategy and turned to the vendor Transcend for its modular solutions and expertise.
Transcend implemented a solution that empowered the entire team with advanced capabilities. The results included a substantial reduction in overall collateral funding costs and the ability to manage securities assets in one place. Furthermore, the solution enabled better upgrade and downgrade decisions through its transformation services and streamlined compliant reporting with harmonized data.