The PDF (downloadable) edition of Rocket 7 is now available. If you're a registered reader, you can download it here for free.
In this video our panel discusses the latest research into the effects of mandatory clearing and bilateral margining on your collateral management activity. Part 3 covers Future building blocks, Poll 4 - What is the state of collateral optimisation at your firm?, The Collateral value chain, The Asset shortfall.
In this video our panel discusses the latest research into the effects of mandatory clearing and bilateral margining on your collateral management activity. Part 2 covers Preparations for the Uncleared Margin rules at Commerzbank, Poll 2 - What is Your biggest problem preparing for the uncleared margin rules?, Trends in Collateral Management, The economics of collateral, Centralising Collateral Management and Poll 3 - Does your firm have a program to centralise collateral management?
Will include topics such as market risk, regulatory spotlight, credit risk, stress testing, liquidity risk, and operational risk. Registered OTC Space readers can make use of a 10% discount on registration for the event.
Razor Risk™ now supports the FRTB – minimum capital requirements for market risk capital reforms. The solution offers financial institutions the ability to calculate and manage market risk capital and performance across desks, business lines or top of house.
FRTB isn't just a bag of maths, like any regulation it gives firms choices to make about how they organise and run their trading desks. David Chen from TMX explains how in this free webinar.
Clear Compress has created an innovative, on-demand approach to trade compression, offering an exciting new alternative for clearing members and clients of clearing members alike that can benefit from reducing gross notional and associated costs. In this interactive breakfast meeting we aim to address the barriers to compression and demonstrate whether the benefits are achievable.
New regulatory measures start to deliver benefits as efforts to reduce outstanding derivatives have achieved brilliant results in the last 18 months. By June 2015, the derivatives market had shrank to USD 553 trillion from its peak of USD 711 trillion in the first half of 2014. Aggregate compressions over the same period was of USD 265 trillion, three times as much as in the previous 18-months.
Going back ten years or more, Collateral Management was in many firms seen as an adjunct to their Operations or Credit risk teams. Given the easy profits from trading, little attention was made to the flow of margin assets or their cost, as these were a side-line in the overall profits of a firm. The first step change for a CM team was the arrival of SwapClear in 1999, and the take up of clearing by a core group of banks in 2000 with the drive to automate the clearing process. SwapClear requires Initial Margin which was a new idea for OTC products.