Transcend Collaborates with Nomura for Enhanced Cash Management Solutions

Transcend Expands Its Offerings for Nomura



Transcend, a prominent player in financial technology, has announced an exciting collaboration with Nomura, a leading global financial services company. This partnership aims to introduce innovative Cash and Collateral Management modules that leverage Transcend's advanced technology to enhance operational capabilities.

The new modules are designed to integrate and streamline essential operational systems and data into one cohesive platform. This strategic move allows Nomura to optimize its collateral, funding, and liquidity management throughout its Global Markets division.

This partnership between Transcend and Nomura began in 2019, focusing on improving collateral operations and the eligibility validation processes for bilateral derivatives. Over time, the collaboration has blossomed, evolving to enhance collateral allocations with multiple triparty agents, thereby creating a more robust system. The Transcend platform empowers users to make informed collateral allocation decisions by taking various factors into account, such as haircut, asset quality, and funding maturity, among others.

With continued successes from their previous initiatives, Nomura took a significant step in 2023 by making a strategic investment in Transcend. This financial backing reflects their confidence in Transcend's capabilities and the positive impacts on their operations.

The scope of their collaboration has now expanded to include new functionalities such as inventory management, sources and uses analytics, and monitoring for intraday liquidity. Bimal Kadikar, CEO and Founder of Transcend, expressed his enthusiasm, stating, "We are thrilled to deepen our engagement with Nomura. The rollout of these new services underscores our vision of a single unified platform dedicated to optimizing collateral, funding, and liquidity throughout the organization."

Anthony Kowalski, Chief Operating Officer of Global Rates at Nomura, highlighted the competitive edge that this collaboration provides: "In today's dynamic financial landscape, optimizing collateral and financial resources is crucial. Working with Transcend has consistently yielded value, and we are genuinely excited about the future of our partnership."

In recent years, Transcend has witnessed remarkable growth in its client base, as a diverse range of institutions—from asset managers to insurers, regional banks, and sell-side broker-dealers—leverage its industry-leading collateral optimization technology for substantial financial resource savings, enhanced risk management, and improved operational efficiency. Transcend is committed to further expanding its product offerings and enhancing its market presence in the coming years.

About Transcend


Transcend is at the forefront of financial technology innovation, aiming to boost efficiency within capital markets through its state-of-the-art solutions. Its modular technology enables clients to achieve advanced performance by focusing on collateral, funding, liquidity, and capital optimization. By ensuring seamless connectivity with leading triparty agents, central counterparties (CCPs), custodians, and nostros, Transcend has established itself as a preferred partner for businesses looking to enhance inventory analytics and automation either within specific business lines or across an entire organization.

Boasting a rapidly growing lista of high-profile financial institutions—including G-SIB banks, broker-dealers, asset managers, and insurance firms—Transcend is making significant strides in addressing complex financial, operational, and regulatory challenges. For more details about how Transcend can elevate performance, visit transcendstreet.com.

About Nomura


Nomura stands as a powerhouse in global financial services, with a comprehensive network spanning around 30 countries and regions. The firm's ability to bridge Eastern and Western markets enables it to cater to a diverse clientele, including individuals, institutions, corporations, and governmental entities. Nomura operates through three primary divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, Nomura is anchored by a legacy of disciplined entrepreneurship, providing clients with innovative solutions and insightful leadership. To learn more, visit www.nomura.com.

Topics Financial Services & Investing)

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