Volante Technologies
5 Case Studies
A Volante Technologies Case Study
Leading Investment Bank needed to implement a tri-party collateral management solution to support new OTC derivatives collateralization rules, including the handling of variation margin and initial margin across custodians. The bank faced the challenge of integrating with multiple custodian-specific SWIFT message formats for tri-party collateral processing. Volante Technologies provided its integration software to help address these messaging and workflow requirements.
Volante Technologies developed the required SWIFT MT message support for tri-party collateral management, including MT527 instructions, MT558 acknowledgements, and MT569 statements, and created mappings from the bank’s existing formats to custodian-specific variations. This simplified integration with custodians such as JPMC, BNYM, Euroclear, and Clearstream, reduced project cost, and significantly accelerated rollout. Volante Technologies also made ongoing maintenance easier by supporting future SWIFT message standard changes.
Leading Investment Bank