Wipro and Quaternion Partner to Launch Standard Initial Margin Model (SIMM) Solution

Quaternion has announced a partnership with Wipro, the leading global information technology, consulting and business process services company, to provide joint SIMM-related consulting services to clients covered by Uncleared Margin Rules (UMR). Our “SIMM-in-a-box” offering will allow financial institutions to calculate trade sensitivities, generate CRIF (Common Risk Interchange Format) files, and calculate initial margin in-house, in addition to other benchmark and validation-relation solutions.

For more information, please find the press release here.