SOURCE: Rockall Technologies

February 15, 2011 08:08 ET

Rockall Technologies Featuring Integrated Collateral Management and Trade Finance Solution at 8th Annual Middle East Trade and Export Finance Conference

DUBLIN, IRELAND--(Marketwire - February 15, 2011) - Rockall Technologies, a leading supplier of collateral management solutions, announced today that it will be featuring their STOC (Systematic Tracking of Collateral) solution at the 8th Annual Middle East Trade and Export Finance Conference being held on February 21 - 22, 2011, in Dubai, United Arab Emirates.

STOC is a comprehensive collateral management solution that is fully integrated and configurable. STOC supports retail, commercial, wholesale, trade finance, wealth management and capital markets operations. A number of well-known Tier 1 global financial institutions are active users of the STOC platform. 

The STOC trade finance module is a comprehensive solution that provides the following capabilities:

  • Provides a comprehensive client / customer / counterparty database incorporating client hierarchies, e.g. parent / subsidiaries.
  • Manages and tracks facilities, exposures, limits and sub-limits.
  • Offers a mark-to-market commodities and securities collateral management and valuation engine, including hedged collateral positions.
  • Monitors all risk parties/entities at facility and portfolio level -- client/counterparty, country, warehouse, vessel, other 3rd parties.
  • Allows for all deal components and documents relating to business to be listed, viewed and maintained.
  • Manages and tracks a deal from origination to maturity including alerts for an indefinite number of situations such as under collateralization, limit breaches, etc.
  • Tracks positions and risk associated with participation agreements.
  • Tracks invoice discounting positions.
  • Tracks collateral inventory.

Middle East Trade and Export Finance attendees can view STOC in the exhibition area.

"Financial institutions are realizing that they can no longer get by using spreadsheets to track and manage facilities, exposures, limits and monitor collateral positions," stated Luke Nestor, CEO of Rockall Technologies. "Our automated platform ensures that structured trade and commodities trade finance deals and associated collateral are properly managed, tracked and controlled, and that risk is mitigated in an optimal fashion."

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: Email Contact