Federal Reserve's collateral program

Wondering which part of your loan book is subject to Federal Reserve’s collateral program? As you may know, this program applies to financial institutions required to pledge acceptable securities as collateral to secure deposits of U.S. federal program agencies. Collateral pledged to Reserve Banks can be used to secure discount window advances and extensions of daylight credit or master account activity including charges associated therewith.
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As part of this process, each Financial Institution will have to take a look at the type of Security, duration, issuer, currency, positions… it’s a tiresome and time-consuming job that office bankers have to implement repeatedly looking at different sources of information.

Thanks to Fintep, in a matter of minutes, you could easily identify those loans that are pledgeable at the FED based on the terms of the loans as identified by Fintep’s Lucia Platform!!