Tag: International Business Machines Corp. (NYSE:IBM)

May 24, 2016 BY LeapRate Staff

CLS extends technology partnership with IBM by ten years

FX settlement services provider CLS Group has announced that it has renewed and extended its technology partnership with International Business Machines Corp. (NYSE:IBM) for ten more years. CLS and IBM have been partners since the inception of the settlement service in 2002 and have worked together over the last 14 years to continuously reduce settlement risk…

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February 06, 2015 BY Andrew Saks-McLeod

IBM Algorithmics divests from its collateral management system, sells it to SmartStream Technologies

IBM sold its collateral management system which offers a variety of functions to support the increasing use of collateral within the local and global banking community, with coverage for cleared and non-cleared over-the-counter (OTC) Derivatives Margining, Repo Margining and Securities Lending Margining to SmartStream Technologies on January 31, 2015

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