TS Imagine, a global, cross-asset provider of trading, portfolio and risk management for financial institutions, has upgraded its RiskSmart X CCP Margin Calculator to allow users to assess how much margin they require from exchange counterparts as well as buy-side clients.

Currently, RiskSmart X’s coverage includes 33 clearinghouses, over 50 global exchanges and 13 methodologies. Calculations are updated throughout each trading day, and TS Imagine will continue to expand its coverage based on client need and developments within global financial markets.

In a press statement, Andrew Morgan, President and Chief Revenue Officer of TS Imagine, said: “RiskSmart X was purpose built for prime brokers, risk managers and operations executives at sell-side institutions. It allows users to assess and manage their risk exposure to various counterparts, and prepare for shifting regulatory requirements, audits and government inquiries.”