Collateral Management

Articles

Cassini SIMM Webinar
21 Jun 2019 — Bill Hodgson

IM & SIMM should now be part of front office decision making, and long-term portfolio management.  Our panel intends to discuss the extent to which initial margin should be part of all trading and portfolio decisions.  For UMR firms who are above the average notional threshold but potentially beneath the 50mm IM threshold on a relationship, can scale down their compliance plans. But, knowing the amount of IM needs work and managing the IM amount isn’t simple.

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2 MINS
CloudMargin Webinar July 10th UMR
22 Sep 2020 — Bill Hodgson

CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, today announced that it has closed on its largest funding round to date, bringing in $15 million in a Series B capital raise. Primary investors were Deutsche Börse, one of the largest exchange organisations worldwide, along with Tier-1 global investment banks and current CloudMargin clients Deutsche Bank and Citi.

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3 MINS
17 Sep 2020 — Bill Hodgson

Free to begin with, the new UMR suite is the only solution in the market with dealer data available from day 1. With only a simple trade file required to get going, we make your compliance simple.

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2 MINS
04 Sep 2020 — Bill Hodgson

The OTC Space spent time talking to Neil Murphy, business manager at CME Group’s TriOptima, about their recent announcement with AcadiaSoft on the automation of interest calculations and payments. 

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2 MINS
02 Sep 2020 — Bill Hodgson

TriOptima has extended its collaboration with AcadiaSoft to automate monthly collateral interest payments, making trade processing more efficient for over-the-counter (OTC) market participants.

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3 MINS
26 Aug 2020 — Liam Huxley

SQX and Cassini Systems have partnered to provide a free service for SGX market participants, to help them prepare to meet the UMR requirements.

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4 MINS
21 Aug 2020 — Chris Watts

It's been lighter on UMR reg announcements since the one year coronavirus delay, but last week CFTC formalised several UMR proposals for Phase 5 and 6...

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1 MIN
03 Aug 2020 — Joakim Strömberg

The recent decision by regulators to delay the final two phases of the uncleared margin rules (UMR) certainly provides additional time...

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3 MINS
Margin Matters Podcast
20 Jul 2020 — Liam Huxley

A new podcast has arrived intending to cover all things to do with margin, entitled Margin Matters. The series has been specifically created to shine a light on critical areas and themes within the financial industry. The broadcast is hosted by Virginie O'Shea of Firebrand Research.

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2 MINS
15 Jul 2020 — Shaun Murray

Shaun Murray of Margin Reform has written a Whitepaper on Money Market Funds (MMFs) and how clients can utilise them to satisfy their IM obligations.

Within it, he reviews potential issues, types of funds that can used (EU) and how some solutions can be accessed and are likely to operate on a day-to-day basis.

A short excerpt from the introduction:

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2 MINS
08 Jul 2020 — Shaun Murray

We’ve created this handy chart to show the UMR Jurisdiction and the local jurisdiction updates.

Phases 5 & 6 have also been listed to give you a clearer view on the notional requirements of your AANA.

Download the chart as PDF using the link below.

For any queries surrounding Uncleared Margin Rules, we’re happy to help at Margin Reform.

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1 MIN
09 Jun 2020 — Neil Murphy

On April 3, BCBS-IOSCO announced a one-year extension to the final implementation phases of the uncleared margin rules (UMR), citing the ongoing market disruption across the globe resulting from COVID-19. While the proposed new timeline still requires formal regulatory approval from local regulators, many have been quick to act already...

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5 MINS
24 Apr 2020 — Deputy Editor

Quantile’s latest USD compression run eliminated over $7.2 trillion – a new record for Quantile and the largest single run at LCH SwapClear in the last 2 years, according to regulatory reporting.

Executed on Friday 17th April, the record-breaking run saw Quantile compress USD-denominated interest rate swaps with exceptional results.

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1 MIN