Cassini’s award winning software enhances front office trade decisions with visibility and analytics of post trade costs, and also provides post trade optimization and estimation tools for treasury and operations.
Whilst everyone talks quickly about the future impact of MiFID II, there is a more immediate impact for UK-based firms given the FCA focus on remediation, following their thematic review of asset managers. The FCA has made it increasingly clear in a series of industry engagements, from the thematic review in 2014, to the Press Release in March this year, that firms are not taking sufficient action to ensure their clients receive best execution.There is a particular focus on the OTC Fixed Income, Currency and Commodity markets. MiFID itself then adds to the complexity and the devil, as always, is in the detail.
In case you missed it - the SFTR Breakfast Briefing is coming up on Wednesday morning with The Field Effect, Equilend and Trax.
On 24 November the European Supervisory Authorities (ESAs) released their long (in context) waited forbearance announcement with respect to the margining or not of forward foreign exchange.
An update from the ESAs on their intention to amend the European rules for margin on FX
In our complex, interlinked world with increasing political uncertainty, prediction models are required to answer the question “What happens next” and to allow for the definition of suitable strategies.
With 6 months until GDPR becomes enforceable, time is running short to make the appropriate preparations to be fully compliant with the regulation.
In this interview we hear from Michael Bergfort, employed by a global bank, his views on the past and future of compliance. We also hear Michael's three professional wishes about the market, and how technology could help compliance.
Read about the impacts of SFTR (trade reporting for the fixed income market), and the resources needed to comply.
Free tickets to the biggest FinTech exhibition this year, plus free and discounted conference tickets to OTC Space Readers.
On 4 May 2017, the European Commission published its legislative proposal for the long-awaited review of Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (‘EMIR’).
A brief spotlight through the fog swirling around the upcoming obligation to exchange margin on forward foreign exchange.
A couple weeks ago, we released an article about the evolving infrastructure in the OTC derivatives industry to support Bitcoin, with the conclusion that much of the plumbing was coming together for institutional sized investment. In industry par