SOURCE: Rockall Technologies

March 07, 2011 08:00 ET

Rockall Technologies Showcasing Integrated Collateral Management and Trade Finance Solution at 5th Annual African Trade and Export Finance Conference

DUBLIN, IRELAND--(Marketwire - March 7, 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 5th Annual African trade and Export Finance Conference being held on March 8 - 9, 2011, in Cape Town, South Africa.

STOC is a comprehensive collateral management solution that is fully integrated and configurable and is designed to run at either a department level or an enterprise level. 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.

STOC provides trade and commodities finance executives the tools needed to manage and track collateral in multiple jurisdictions. It constantly revalues the collateral to detect changes or collateral deficiencies. The system sets up the documentation required to perfect collateral and also applies haircuts where needed. These haircuts can be applied at a customer level, bank level or limit level. The system also allows you to split the collateral if needed. STOC can deal with hedging and can apply stress tests and limits where needed. Workflow is a flexible and configurable function of the solution and can be applied at all levels including at the multi-jurisdictional level. The solution also allows for a portfolio view (rolled up view of collateral).

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

"Structured trade finance deals are becoming larger and more complex," stated Luke Nestor, CEO of Rockall Technologies. "We have developed an automated solution that provides the flexibility and features that firms need to succeed in today's dynamic market environment."

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.

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Contact Information

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