There has been an advancement in efficiency in derivatives that has stopped before getting to the back end, and CloudMargin is working to change that. The company’s CEO Stuart Connolly wants to bring efficiencies to collateral management and take operational risk out of the process. He spoke to John Lothian about the solutions to these problems as well as the $15 million financing round CloudMargin just closed on, working with partners like DeutscheBank, Deutsche Boerse and Citi, and how the pandemic has actually accelerated people’s mindsets around transforming their technology stack.