SOURCE: Rockall Technologies

March 14, 2011 08:00 ET

Rockall Technologies Featuring Integrated Collateral Management and Trade Finance Solution at 13th Annual Structured Trade and Export Finance in the Americas Conference

DUBLIN, IRELAND--(Marketwire - March 14, 2011) - Rockall Technologies, a leading supplier of collateral management solutions, announced today that its STOC (Systematic Tracking of Collateral) solution will be featured at the 13th Annual Structured Trade and Export Finance in the Americas Conference being held on March 15 - 16, 2011, in Coral Gables, Florida.

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.

Conference attendees can view STOC in the exhibition area.

"President Obama's new National Export Initiative is designed to double U.S. exports," stated Luke Nestor, CEO of Rockall Technologies. "Many financial institutions that are managing their trade finance deals and associated collateral using manual methods or spreadsheets are going to be caught off guard as exports rise. Our solution provides financial institutions with a scalable solution that ensures that trade finance deals and associated collateral are managed to best practice standards."

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