Adam Ulman of SmartStream took part in an FTF Exchange podcast that focuses on the challenges of optimal collateral management amid a pandemic.
Adam Ulman, senior business analyst at SmartStream Technologies, says that his clients and the industry are riding out the current pandemic lockdown and learning a lot of lessons to brace themselves for a possible second wave.
Ulman took part in an FTF Exchange podcast that focuses on the challenges of optimal collateral management amid a pandemic.
“They’re kind of riding the wave now,” Ulman says of SmartStream’s clients and the industry. “I mean firms want to be prepared so that if the second wave comes, they’re better placed to work from home, and deal with large volumes.”
Along with the lessons learned, firms, especially smaller ones, are realizing that collateral management “is not just an operational function that is carried out as a necessity because it’s mandated,” Ulman says. “The function is less an operational function but more of a risk management function that protects the institution from real losses. But also, as a means … to reduce operational cost.”
The podcast also covers:
- The struggles firms have with fragmented or manual processes
- How the squeeze on collateral impacts eligibility schedules
- The new dynamic between SmartStream and its clients
- And some of the permanent changes that may come from the lockdown and staffs working remotely.
Click on the related content links for more. SmartStream won the Best Sell-Side Collateral Management Solution award for 2020 via the competitive FTF News Technology Innovation Awards, which honors achievement in 2019.
Related Content:
Better API Access Bolsters Collateral Control: Video Interview with Jason Ang of SmartStream
Sell-Side Firms are Riviving Key Projects: SmartStream Q&A
Need a Reprint?
Always great to hear the analysis of true industry veterans such as Adam Ulman.
I”m glad you found it useful.