The Innovators Pavilion, Taking Place in November, Will Showcase New Technology in the Futures, Options and Cleared Swaps Industry
FIA has announced that CloudMargin, the first cloud-based risk and margin management platform, is one of eight companies chosen to showcase their pioneering solution at FIA’s Chicago Expo. The Innovators Pavilion provides CloudMargin with a setting in which to debut their forward-thinking platform to the Futures, Options and Cleared Swaps industry.
Innovators Pavilion is a new feature at the annual FIA Futures and Options Expo in Chicago. With more than 5,000 people attending each year, the FIA Expo is the largest gathering of derivatives industry professionals in the world. Attendees include senior executives from brokerage firms, exchanges, trading firms and service providers, and the exhibit hall typically attracts more than a hundred firms as exhibitors.
CloudMargin will receive space on the Expo show floor to display their collateral and margin management solution, as well as have the opportunity to demonstrate their revolutionary approach to collateral management. CloudMargin allows the buy-side to meet their new, post-crisis objectives whilst bypassing many of the shortfalls of historical software and outsourced alternatives.
“We are very excited to announce the companies that have qualified for this new part of the annual FIA Expo,” said Rob Creamer, FIA board member and chairman of FIA Principal Traders Group, who is chairing the Innovators Pavilion selection committee. “This is a great way for our industry to promote innovation and forge connections between entrepreneurial start-ups, venture capitalists and the companies that can benefit from their services.”
CloudMargin’s risk management platform represents a material revolution in buy-side collateral management. It allows clients to achieve their objectives in an accelerated and efficient manner, in an environment where they regain control of the processes so important to them, given the new regulatory regime in which they operate.
Stuart McHardy, Co-Founder and Managing Director of CloudMargin added: “We feel honoured and privileged that we are amongst the select few to be chosen to unveil our solution at FIA Expo. Technology continues to be the most disruptive innovation of our time and it is great that we now have a setting in which to demonstrate our revolutionary stance on managing collateral”.