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.
The OTC Space followed up on an announcement by Ivno and CloudMargin that they now have a partnership which enables CloudMargin customers to achieve real-time exposure management (should they choose to) by moving assets using the Ivno platform. When I was a youngster in collateral management it was very much a once-per-day process much like the daily margin calls from a CCP. Some CCPs now monitor exposure intraday and can call for more assets if exposures demand it.
There are a number of potential culprits responsible for unexpected changes in gas and power derivatives margin, but they all have their roots in the way that CCPs set their margin rates...
Ivno and CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, today announced a new strategic partnership that leverages Ivno’s distributed ledger technology (DLT) and CloudMargin’s collateral management capabilities.
This 2021 updated edition of Suggested Operational Practices for the OTC Derivatives Collateral Process (the SOP) substantially revises the guidance that ISDA has previously provided to the market on the operation of collateral agreements
BlackRock (NYSE: BLK) and Cassini Systems, a leading provider of pre- and post-trade margin and collateral analytics for derivatives markets, announced today that the two firms have entered into a strategic partnership to integrate Cassini analytics into BlackRock’s Aladdin® platform.
Quantile Technologies (Quantile), a leading provider of multilateral optimisation services, has been recognised as the Best OTC Derivatives Margining Solution at the FTF News Technology Innovation Awards 2021. The awards celebrate firms, industry bodies and regulators that have made significant strides in operational excellence during the past year.
Substantive Research, the research discovery and research spend analytics provider for the buy-side, announced the launch of the latest function to be added to its offering for Asset Managers – the inclusion of Environmental, Social and Governance (ESG) data providers.
In this Cassini case study as we make our way into the depths of 2021, Investment Managers and the wider buy-side community who trade any derivatives now have to consider their Initial Margin, Variation Margin, cash buffers, eligible collateral, and funding costs. Tying all these elements back into a true cost of trade to ensure Best Execution is a challenge for any firm.
The European Supervisory Authorities has published three Joint Questions and Answers on RTS 2016/2251 on bilateral margin requirements under the European Markets Infrastructure Regulation.
Understanding and monitoring the Average Aggregate Notional Amount (AANA) calculations as early as possible can provide firms caught by the Uncleared Margin Rules (UMR), with an opportunity to reduce business costs and optimize trading exposure, according to Cassini’s CEO and founder, Liam Huxley.