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.

+2
2 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...

+1
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...

+1
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.

+0
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:

+1
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.

+1
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...

+1
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.

+1
1 MIN
15 Apr 2020 — Bill Hodgson

Find out how collateral management is behaving across the industry from the latest ISDA Margin Survey

+1
2 MINS
08 Apr 2020 — Liam Huxley

As our clients and firms across the buy side begin to process the recent BCBS and IOSCO recommendation to delay by one year the implementation of phases 5 and 6 of the uncleared margin rules (UMR), we wanted to share why Cassini Systems supports this move.

+0
3 MINS
02 Apr 2020 — Bill Hodgson

David White has moved to CloudMargin to take on the role of Chief Commercial Officer.

+0
2 MINS
27 Mar 2020 — Bill Hodgson

Miriam Marascio joins CloudMargin to lead client services. Prior to this Miriam has been on client facing projects with Clearstream.

+1
2 MINS
13 Mar 2020 — Bill Hodgson

The Canadian Office of the Superintendant of Financial Institutions has adopted the 1 year extension for UMR into Phases 5 and 6

+1
1 MIN