Cassini Systems, the leading provider of pre- and post-trade margin analytics for derivatives market participants, announced today a new initial margin (IM) partnership with AcadiaSoft Inc., the leading industry provider of risk and collateral management services for the non-cleared derivatives community.
The Basel Committee's oversight body, the Group of Central Bank Governors and Heads of Supervision (GHOS), has endorsed a set of measures to provide additional operational capacity for banks and supervisors to respond to the immediate financial stability priorities resulting from the impact of Covid-19 on the global banking system.
The current unprecedented volatility has led to significant swings in Mark-To-Markets (MTM) and has led to increased margin calls which have been fulfilled by further selling off assets. The MTM volatility has increased both Variation Margin and Initial Margin.
Volatility in the markets now will mean significant effects on SIMM and IM in September 2020
Organisations are at high risk of disruption from a variety of threats. Enter the Red team, an organised attack to exercise your preparations
The Bank of England has carried out a research project using data from DTCC and Unavista. The project modelled the flow of liquidity to meet margin calls in the cleared and uncleared market. The outcome of shortfalls is then compared to the global repo market to determine if systemic risk is present.
How are borrowers adjusting their interest rate hedging strategies to take account of the impending General Election and the uncertainty surrounding the UK’s future relationship with the EU? By Rhona Macpherson, Associate Director at JCRA