We help financial institutions optimize their funding and margin liquidity. Talk to us about what keeps you up at night.
We help institutions enhance capital efficiency by optimizing asset and liability structures, minimizing balance sheet usage while maximizing return on assets under current regulatory capital frameworks.
Our consultants analyze and restructure margining practices to reduce funding costs, improve liquidity management, and ensure optimal use of collateral across trading relationships and clearing venues.
We assess existing trading counterparties and identify strategic opportunities to expand or rebalance relationships, reducing concentration risk and enhancing stability and pricing leverage in funding markets.
We conduct in-depth reviews of legal agreements such as GMRA, GMSLA, and ISDA to ensure alignment with best practices, mitigate legal risk, and support efficient trade execution and collateral management.
We provide guidance on the impact of global and regional regulations—such as Central Clearing Mandates, Basel III, SFTR, and CSDR—helping clients adapt funding strategies and ensure compliance while preserving market competitiveness.
Through proprietary analytics and expert perspectives, we deliver actionable insights on trends in securities lending, repo, and collateral markets to inform strategic decision-making and risk management.
Co-Founder
Roy Naccarato is a veteran of global fixed income financing with over 15 years of experience across hedge funds, pension plans, and top-tier banks. He most recently served as Managing Director and Head of Fixed Income Financing at a $12 billion multi-strategy hedge fund, where he led initiatives that increased portfolio capacity, streamlined collateral usage, and expanded funding relationships.
Roy has held leadership roles at both buy-side and sell-side firms, consistently delivering strategic funding solutions, navigating complex market events, and optimizing liquidity and balance sheet efficiency. His expertise spans repo markets, commercial paper financing, and global regulatory environments, with a reputation for building deep street relationships and driving performance in high-stakes trading environments.
Co-Founder
Robert Manning brings over 38 years of leadership and hands-on expertise in global securities finance, repo, and short rates markets. A veteran of top-tier institutions including Morgan Stanley, Deutsche Bank, Bank of America Merrill Lynch, and Cantor Fitzgerald, Robert has built and led high-performing teams across global rates sales, secured financing, and balance sheet optimization. His deep understanding of funding markets, counterparty strategy, and liquidity management positions him as a trusted advisor to a wide range of clients, including central banks, hedge funds, asset managers, insurance companies, and pension funds.
Robert leverages his extensive institutional background to guide clients in navigating evolving regulatory landscapes, improving capital efficiency, and expanding their reach across funding and financing ecosystems. He holds FINRA Series 7, 24, 57, and 63 licenses and an MBA in Finance from Fordham's Gabelli School of Business.
Roy Naccarato: https://www.linkedin.com/in/roy-naccarato-42b5a012/
Robert Manning: https://www.linkedin.com/in/robert-manning-6257a04/
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