James Stillwell, Senior Product Manager

 

Pirum’s annual Product Buzz series highlights our product owners’ views on the tech trends that will define securities finance this new year. In this instalment, we hear from James Stillwell, Senior Product Manager, CollateralConnect.

On the 2025 roadmap

We are looking forward to seeing how upcoming CollateralConnect enhancements will support our clients to manage and optimize their collateral more insightfully and efficiently.

Our intelligent collateral margin optimization can be tailored to each client’s needs and will automate the decision-making processes for collateral, reducing manual interventions.

Through our advanced analytic tools, clients’ can drive effective collateral usage to improve profitability and maximise the deployment capital and financial resources.

Following our recent announcement with Euroclear, we have now enabled optimization using directed collateral allocations across three venues, including BNY, J.P. Morgan and now Euroclear triparties.

Smarter, faster, more standardized

On an industry level, as GenAI and machine learning continue to advance at dizzying rates, Distributed Ledger Technology (DLT), Digital Currencies (e.g. CBDCs), and tokenized assets will also increasingly come into focus in the collateral space.

‘DLT 24/7’, for example, promises instant, around-the-clock asset movements, removing challenges associated with compressed settlement deadlines. No doubt a welcome utopia for many a firm grappling with shortened T+1 settlements.

Finally, leveraging this new way of machine-assisted – automated – working, smart contracts will enter the world of collateral management. Solutions based on the Common Domain Model (CDM) today allow standardized digital agreements to be agreed more quickly across collateralized venues and vendors.