A network of global financial institutions participated in the first PoC with the second planned this month
The new solution is set to enhance trade lifecycle management capabilities for exchange-traded derivatives
BNP Paribas Securities Services is set to expand its collateral management range of services in APAC to assist firms in the region manage initial margin requirements arising from non-cleared over-the-counter derivatives positions
“Procyclicality is a function of the ecosystem and needs to be examined holistically. CCPs exist to manage and mitigate risk and they understand their responsibility to the system. We call on other stakeholders to do the same,” says WFE CEO
Many of the organisations affected by the final phases of UMR have typically managed their collateral management process on spreadsheets and have historically been unaffected by the regulations
AcadiaSoft and TriOptima predict that nearly a quarter of all 250 firms in scope for phase five of UMR will be using signed up to their initial margin product by the end of the year
BNY Mellon has formed MarginConnect to enable buy-side investment managers to take full control over the collateralisation of non-cleared derivatives
Finastra, the financial technology company based in London, and CloudMargin, a collateral management platform, have partnered to deliver an integrated collateral and margin management solution
Following a series of market stress events, reducing manual intervention and creating greater efficiencies in collateral management has become increasingly necessary. Data standardisation and automation of key processes offer a way forward, says Amy Caruso, head of collateral initiatives at ISDA
Brian Bollen outlines the rulings behind Phase 6 of the UMR. Who in the industry is well prepared ahead of the September implementation date, and who is still lagging dangerously behind?
Despite the impact of COVID-19, in-scope firms pulled together effectively over the last 12 months for phase 5 of UMR, but this has not been without its challenges...
Experts explain how the industry is looking to implement the latest technology and automation amid the evolution of collateral management
Ben Pumfrett of RBC Investor & Treasury Services talks to Jenna Lomax about the front office’s increasing demands for data, and how the company is helping to prepare its clients for shortened settlement windows
From matters of compliance to risks to data collection, collateral management has an important part to play in the back-office lifecycle. SmartStream’s Jason Ang explains
With Brexit uncertainty challenges in the fund space, players in the asset servicing industry in UK has an opportunity to raise its game across the board
