Rockall Technologies Signs Deal With Major European Financial Services Firm - Insurance News | InsuranceNewsNet

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November 29, 2010 Insurtech
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Rockall Technologies Signs Deal With Major European Financial Services Firm

Copyright:  (c) 2010 The Associated Press
Source:  Associated Press
Wordcount:  209

Rockall Technologies (http://www.rockalltech.com/) announced today that one of Europe's largest financial services firms has purchased its STOC (Systemic Tracking of Collateral) collateral management software solution. STOC will be rolled out internationally across the bank's offices in fourteen countries and will fulfill the firm's collateral management needs across the structured trade and commodities finance groups.

"This is a major deal for the company," stated Luke Nestor (http://www.rockalltech.com/About-Us/management-team) , CEO for Rockall Technologies. "We are delighted that the firm has standardized on our technology and will be deploying our collateral management solution on a global basis."

About Rockall Technologies

Rockall is a global provider of expert collateral management solutions for the financial services industry. Rockall delivers industry best practice and a modern system specifically developed for enterprise-wide collateral management. The Rockall system enables institutions to confidently fund commitments while ensuring compliance with regulatory and risk management policies that need to be continuously and precisely monitored. The company has achieved 100% client retention and reference-ability and has deployed into retail banking, commercial and business banking, wholesale banking, private banking, wealth management, and broker-dealer operations. For more details on Rockall clients and solutions, go to http://www.rockalltech.com (http://www.rockalltech.com) .

All trade names, trademarks, and service marks are the rightful property of their respective owners.

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