Survey on the the changing landscape for Sell/Buy Side by Rule Financial
In case you didn’t spot it, Rule did a survey which sets out how firms are reacting to regulatory change, you can request your copy via their page here, or
April 5, 2012 - Editor
Category: Publication
In case you didn’t spot it, Rule did a survey which sets out how firms are reacting to regulatory change, you can request your copy via their page here, or download here.
Key findings:
- 90% of dealers intend to offer client clearing within 12 months
- 90% of dealers intend to offer a cross-asset margin call within 12 months
- 90% of dealers intend to provide a single margin statement within 12 months
- 90% of dealers intend to offer an indicative CCP margin calculation within 12 months
- 66% dealers will compare / reconcile / verify the CCP margin numbers
- 90% of dealers will offer collateral transformation within 12 months
- So we can be pretty sure the dealers all have the same idea on what to offer the buy-side
- A number of buy-side firms expect ICE to offer clearing of rate swaps, options, FRAs, and NDFs.
- Which is something ICE probably didn’t know themselves
- 70% of dealers and only 50% of the buy-side need greater clarity on the new regulations
- 80% of the buy-side won’t have figured out their new business process models soon – some say they’ll leave it to next year
- 100% of dealers say they will have implemented their new business processes in 2012
- The buy-side intend to outsource collateral management more than they do now, either to a TPA or PB organisation
- 9 out of 10 cats said their owners preferred the old way of doing things
Popular
Most Viewed
Articles
Sep. 15, 2022
Tradefeedr Hires Alexis Fauth as Head of Data Science and Client Analytics
Sep. 06, 2022
Siege FX announces the launch of NetFix
Aug. 02, 2022
OSTTRA and LCH collaborate to reconcile bilateral OTC trade data
Jul. 26, 2022
Sell-side systems in need of upgrade for new risk reality
Jul. 15, 2022