RBC rolls out collateral service for UMR
RBC Investor & Treasury Services has launched a new collateral management service to help asset managers comply with non-cleared derivatives rules.
The asset, custody, payments and treasury and market services arm of Royal Bank of Canada said the new solution would centralise and interpret collateral management data to help asset managers comply with Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) collateral rules ...
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