SOURCE: Rockall Technologies

Rockall Technologies

September 29, 2011 14:55 ET

Rockall Technologies Displaying Comprehensive Collateral Management Solution at Oracle OpenWorld

DUBLIN, IRELAND--(Marketwire - Sep 29, 2011) - Rockall Technologies, a leading supplier of collateral management solutions, announced today that it will be showcasing its STOC (Systematic Tracking of Collateral) solution at Oracle OpenWorld being held on October 3-5, 2011, at the Moscone Center in San Francisco.

STOC is used by major banks, including Wells Fargo, Federal Home Bank of Atlanta, and Standard Bank of South Africa, to enhance risk management and increase operational efficiency by centrally managing and controlling risks associated with commodities, marketable securities and securing facilities such as Letters of Credit. The STOC solution uses an Oracle database to act as the central repository for holding data relating to collateral held by a financial institution.

Oracle OpenWorld attendees can view STOC at booth 2143 in Moscone South.

"To improve operational efficiency and minimize risk financial firms need to take a holistic approach to managing collateral," stated Luke Nestor, CEO for Rockall Technologies. "Our comprehensive solution can be used on an enterprise level to manage all types of collateral according to industry best practices."

About Rockall Technologies

Rockall is a global provider of expert collateral management solutions for the financial services industry. Rockall delivers industry best practice and a modern system specifically developed for enterprise-wide collateral management. The Rockall system enables institutions to confidently fund commitments while ensuring compliance with regulatory and risk management policies that need to be continuously and precisely monitored. The company has achieved 100% client retention and reference-ability and has deployed into retail banking, commercial and business banking, wholesale banking, private banking, wealth management, and broker-dealer operations. For more details on Rockall clients and solutions, go to www.rockalltech.com.

All trade names, trademarks, and service marks are the rightful property of their respective owners.

Contact Information

  • Media Contact
    Michael Kane
    Rockall Technologies
    Tel: (978) 257-2179
    Email Contact