European repo trading platform for the financial services market
Industry fragmentation has had a profound effect on the fund management community challenging them to improve their collateral management sophistication. Trading participants are now working to understand the challenges of:
In 2016, EuroNext selected NovaFori to build their Collateral Trading Platform (the 'Monitor'), which was part of their "Collateral Transformation" initiative known as Chequers. A disruptive new technology, the 'Monitor' harnessed the ground-breaking NovaFori negotiation engine to enable participants to agree digital RFQs in a frictionless way and execute these trades with a Financial Institution.