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
12 Oct 2020 — Bill Hodgson

As part of Margin Reform's ongoing strategy to support and influence the financial services industry, we have been assisting Institutional Investor educational events, and several market participants across their Uncleared Margin Rules change delivery programmes.

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1 MIN
06 Oct 2020 — Bill Hodgson

ISDA have published their next Transformation Toolkit focused on Collateral Settlement Automation. ISDA surveyed their members and found that settlement fails:

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2 MINS
29 Sep 2020 — Deputy Editor

Quantile, has been awarded GlobalCapital’s Global Compression Service of the Year - for the second consecutive year.

Praised by GlobalCapital Magazine for a year in which Quantile, "grew its core business and evolved its offering to meet clients' needs against a shifting regulatory backdrop," the award recognises Quantile's success in supporting banks to manage their counterparty risk while also increasing the efficiency and liquidity of financial markets.

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2 MINS
28 Sep 2020 — Deputy Editor

LCH SwapAgent has registered its first SONIA/SOFR cross-currency basis swap. The GBP / USD basis swap was executed between Bank of America and Lloyds Bank Corporate Markets.

Nathan Ondyak, Global Head of LCH SwapAgent, said: "This latest milestone for LCH SwapAgent demonstrates the service's capability to facilitate a coordinated transition to risk free rates for non-cleared OTC derivatives. This neatly complements our existing offering which is delivering operational and funding efficiencies to a growing community of members."

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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