“Quantile has a capital, XVA and resource management background and they have had a lot of success connecting to the major dealers to offer compression and optimisation in different flavours, bringing to bear their technology and expertise to really harvest portfolios and make them less capital and collateral intensive and more risk efficient.
In clearing we always have been open access and have worked, and continue to work, with other optimisation providers as well as Quantile, but we came to the view that this skillset and capability is becoming more core to our overall mission, and we felt the need to have this additional capital and optimisation expertise in-house.”
Daniel McGuire, Group Head, Post Trade, London Stock Exchange Group and Chief Executive Officer