Cassini expands presence in APAC region with new office in Sydney

Cassini Systems, pre- and post-trade margin analytics provider, announced its new office in Sydney, Australia, the company’s first in the APAC region. The new office is a response to a growing interest in Australia and the whole region.

Cassini also appointed Greg Ballesty as Product Specialist for the APAC region. Ballesty is a veteran asset specialist with more than four decades of experience in derivatives, banking, collateral management and risk management.

The company has presence in three continents, with headquarters in London, an office in New York and now in Sydney. Cassini serves asset managers, hedge funds, banks and insurance companies.

Australia cfh office

Liam Huxley, CEO and founder of Cassini, stated:

Liam Huxley

The opening of our Sydney office will enable us to have a local sales and service footprint and in turn better serve both current and future clients in this region. Now more than ever, given current market volatility, market participants need to understand and analyze the key drivers in margin movement and the related liquidity and cost impact. Additionally, optimizing usage and allocation of collateral is key to reduce liquidity squeezes. Greg’s expertise and experience will undoubtedly contribute to our success.

Greg Ballesty commented:

Greg Ballesty

I’m excited to join the Cassini team and lead the efforts in what will be a brand new, important territory for the firm. The recent deployment by a large Australian asset manager of Cassini’s full front-to-back suite of analytical tools is just one example of the appetite here for reducing the cost of trading derivatives. I look forward to building further relationships with the buy-side community in the region.

Ballesty has prior experience in positions such as Senior Risk Manager for SmartStream Technologies in Singapore and Australia; Sales Director for Lombard Risk in Singapore; and Contractor for Thomson Reuters in Sydney. He also has over 20 years at Commonwealth Bank of Australia, reaching a Chief Dealer role.

Cassini’s derivatives margin analytical platform offers its clients analytics backbone from pre-trade to end of day. The users can calculate margins on cleared or uncleared derivatives assets and analyze drivers and movement in margin exposure allowing buy-side firms to reduce their Initial Margin levels and maximize their efficiency and in this way, lowering the cost of derivatives.

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