The Liquidity Alliance has upgraded its customer connectivity solution in order to keep up with new regulations and changing business models.

The new collateral management interface was developed on the basis of experience and feedback received from clients using the underlying solution since its introduction in 2011. It will be better able to adapt to new customer needs surfacing over time.

“Being part of the Liquidity Alliance with its global reach has enabled us to understand customer requirements even better and to define superior solutions to service their needs together with our partners,” said Stefan Lepp, head of global securities financing at Clearstream.

“ will bring benefits to all current and future Liquidity Alliance members and their clients.”

Advantages of the new interface are enhanced transparency and advanced management tools for collateral transactions included in the services of the Liquidity Alliance members.

Cetip, the Brazilian central securities depository, is preparing the launch of the new connectivity interface in November 2014 as a pilot for the entire Liquidity Alliance.

The other Liquidity Alliance members ASX (Australia), Clearstream (Luxembourg and Germany), Iberclear (Spain) and Strate (South Africa) are also part of the subsequent roll-outs which will bring the benefits to customers across the globe from 2015 onwards.

“With over three years of experience in operating our collateral service for Brazil, we consider this very important to continue bringing innovation to our clients,” said Fabio Zenaro, products and business executive manager at Cetip.