Collateral Optimization and Intelligent Automation

Discover Core-Collateral®, Baton’s collateral management solution, designed to help firms maximize collateral efficiency in financial markets

“We’re delighted to help clients find increased efficiencies through improved collateral mobilization in the clearing process.”

Graham Gooden, EMEA Head of Triparty Collateral Management, J.P. Morgan

“We are pleased to have connected to Baton, working together to help clearing members increase the speed in which collateral movements settle.”

Frank Soussan, Global Head of CDS Clear at LCH SA

“Working with Baton, we will be delivering a solution at the leading edge of innovation.”

Victor O’Laughlen, Digital Business Leader at BNY Mellon

“With firms actively preparing for US Treasury clearing, we view the FICC link to the Baton network of clearing participants as an important enabler of collateral efficiencies.”

Brian Steele, President of Clearing and Securities Services, DTCC

Our Collateral Management team can now access information in real-time and dynamically manage our inventory of eligible collateral across the network of CCP’s we interact with the most, which enables us to better serve our clients.”

Mariam Rafi, Global Head of Financial Resource Management and North American Head of Clearing and FXPB, Citi

“This will bring further efficiency in our collateral management process and will provide greater real-time visibility of our margin and collateral holdings.”

Anthony Fraser, Head of Global Clearing Operations and Cost & Commission Services, J.P. Morgan

“With Baton completing a connection to the ICE Collateral API, our clearing members can further optimize their collateral and margin management processes.”

Chris Edmonds, Global Head of Clearing and Risk at ICE

Collateral Optimization Powered by Next-Generation Collateral Management Software

Seamlessly manage and optimize collateral usage, improve financial resilience and reduce operational costs by automating collateral allocations and settlement instructions with Baton’s real-time collateral management solution.

Core-Collateral empowers financial institutions with intelligent, automated collateral management workflows, real-time alerts, configurable controls and seamless two-way venue connectivity to simplify and streamline collateral management. By providing on-demand access to real-time balance data and eligibility schedules, institutions can effectively optimize collateral allocations then efficiently instruct asset and collateral movements across multiple venues – all via a single integrated dashboard.

With Baton’s collateral management software, institutions can maximise collateral efficiency with precision and ease.

Baton Partners with Nasdaq Calypso

“The integration of Baton’s real-time network with Nasdaq Calypso represents a significant advancement for Clearing Members and institutional clients worldwide, creating enhanced infrastructure for managing collateral workflows with unprecedented connectivity.”

Magnus Haglind, SVP, Capital Markets Technology, Nasdaq

Automate and Expedite the Movement of Cash and Securities with Baton’s Direct Two-Way Connectivity to Major CCPs, Custodians and Nostro Accounts

Real-time Active Collateral Management

Automated asset tracking and margin management: Seamlessly manage posted collateral in real-time, with continuous monitoring and immediate alerts for excesses, deficits, or any changes in your collateral obligations across all connected venues – Enabling institutions to stay on top of their collateral status at all times.

Maximize Collateral Efficiency

Gain complete real-time visibility into the sources and uses of collateral across all venues, with access to up-to-date eligibility schedules, haircuts, interest rates, and collateral usage fees. Automated rules and alerts help instantly identify inefficiencies, highlighting opportunities to enhance collateral utilization across venues.

Collateral Optimization

Utilize real-time balance information to optimize the value and composition of your collateral allocations for liquidity control.

Seamless collateral management workflows and configurable rules automatically select which assets to pledge or recall, allowing you to achieve your goals faster and more cost-effectively. You can also schedule automated asset movements based on specific events or at regular cadences.

Instruct Collateral Movements Quickly and Efficiently

Effortlessly initiate bulk cash and collateral pledge or recall movements in real-time using configurable rules for maximum efficiency. All assets can be mobilized through Baton’s consolidated dashboard offering direct connectivity to CCPs, custodians, and nostro accounts. Simplifying and accelerating time-consuming tasks.

Increase Operational Efficiency and Scalability

Eliminate inefficient manual processes by introducing intelligent and scalable, automated collateral mgmt workflows governed by configurable rules. Access aggregated, normalized data from connected venues and internal systems in a single, on-demand view. Baton’s streamlined dashboard also now provides a quick-reference summary of key collateral drivers, facilitating faster and more informed decision-making.

Improve Client Service

Gain visibility of the full spectrum of available assets and benefit from on-demand access to venue information– expanding the scope of eligible client assets that can be considered for use. Then, leverage automated rules to efficiently mobilize client collateral, enabling rapid asset recall to enhance responsiveness and service delivery.

Discover how Baton’s Eligibility Service simplifies and streamlines the complex process of assessing collateral asset eligibility.

Baton’s Eligible Collateral Service

Prepare for U.S. Treasury Clearing with Baton’s Direct Two-Way Connectivity

Many firms will need to establish new or expanded connections with clearing houses to meet the SEC’s mandate for US Treasury Clearing, necessitating considerable operational changes and system upgrades. To support our Core-Collateral clients through this critical transition in May 2025 we announced the extension of our network to include the DTCC’s Fixed Income Clearing Corporation (FICC).

As a result, Baton’s clients can now gain improved access, increased control, and efficiency in managing their US Treasury collateral operations.