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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