The world has changed significantly since we launched the Duco Cube service in April 2013: ‘best of breed’ hosted services have gained traction and are helping firms across the finance industry to cut costs, cope
In this video our panel discusses the latest research into the effects of mandatory clearing and bilateral margining on your collateral management activity. Part 1 covers: The background to cash as collateral; Regulatory and market initiatives; Fragmentation of the OTC market; The uncleared margin regulations and Poll 1 - How familiar are you with the Uncleared margin rules?
Learn Everything About MiFID in One Easy Place using This Interactive Web Based Viewer
Fleming's long-established European edition of the Collateral Management Forum will celebrate its 10th anniversary in 2016. OTC Space registered readers can take advantage of a 10% discount on registration.
Speakers will be making the case for adoption, highlighting what the business cases are and where strategy meets with implementation. OTC Space registered readers can take advantage of a 15% discount on registration.
Adjusting the OTC market notionals to re-calculate the effects of compression puts the OTC market at a bigger size than ever, but the reported notionals say otherwise
The link below is to an Excel sheet showing the details of which authority in each country is responsible for which piece of legislation. Sort of handy for compliance people I guess, and also for all the URLs to the regulators websites. Bill
Edd Denbee, Carsten Jung and Francesco Paternò.
Central Counterparties recently published their new CPMI-IOSCO Quantitative Disclosures, meaning we now have three sets of disclosures, so I thought it would be interesting to look at trends in the data.
Diversity is key to the future of the banking industry. Diversity includes an attitude of open-mindedness, and a willingness to value the contributions of employees regardless of their background and lifestyle. There should be training to encourage openness towards different ideas and diversity in thought. This also means a specific focus on gender, race, disability, age and social mobility etc.
This two day advanced level conference programme will provide delegates with advanced theoretical and practical training on documenting and negotiating a broad range of over-the-counter (OTC) derivatives documentation. A 10% discount is available to registered readers of The OTC Space.
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.
Our magazine Rocket 7 is coming soon, packed with inside viewpoints and expert knowledge. Save or update your address to be eligible to receive a copy now.
Compression for Clients of Clearing Members Becomes Available to Release Capital
In order to look ahead, we must first take a look back and examine how OTC markets have evolved; some of which was voluntarily undertaken, most of which was regulatory reform driven.
According to a recent survey of banks’ legal and regulatory operations executives, an overwhelming number of respondents noted a concerning lack of clarity around margin mandate regulations and compliance requirements.
On 9th June, it became clear that the European Union would delay the implementation of the mandatory bilateral margin. See for example the Risk article or the Bloomberg article.
In November 2015 we consulted on guidance to clarify the requirements on firms when outsourcing to the ‘cloud’ and other third party IT services. The guidance is updated in the following areas: