GoldenTree Asset Management (GoldenTree) has implemented Hazeltree Collateral Manager to manage daily collateral calls.
Hazeltree Collateral Manager provides GoldenTree with a comprehensive view of derivative positions with counterparties, as well as analytics and collateral automation algorithms to manage collateral positions and address margin call discrepancies.
Hazeltree Collateral Manager enables GoldenTree to:
• Centrally manage counterparty agreements to minimize operational headaches;
• Compare and reconcile internal, independently calculated OTC collateral call estimates against each counterparty’s calculated calls to manage and reduce capital required to support derivative positions;
• Seamlessly respond to, issue, or dispute daily margin calls through eligible cash and non-cash assets to streamline the collateral management process; and,
• Automate posting of collateral within pre-defined threshold limits focusing the team to manage exceptions.
“Our portfolio finance team has been focused on efficiency and investors’ needs,” says Dan Rosensweig, Head of Operations at GoldenTree. “Hazeltree has proven to be a reliable and innovative treasury management partner to support our collateral process, as we continue our growth.”
“GoldenTree is the ideal partner to help us drive our product strategy,” says Sameer Shalaby, President and Chief Executive Officer of Hazeltree. “We are excited to work with them to help expand our product capabilities, leveraging their feedback as a sophisticated development partner.”
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