Join Redspire and Microsoft for a Financial Services Business Leaders event in the heart of City of London. Hear from four world-class Senior keynote speakers and enjoy an intimate and informal presentation with Chris Brindley, ex-Metro Bank Helen Wilson, Microsoft UK’s Customer Success Director. Take the opportunity to ask direct questions on how you can successfully steer change within your own business and why it’s so important to do so now.
Bill: This is a good post on how the multiple exposure calculation methods may change for US firms.
For anyone not familiar with the background, the UK government are trying to find a way to to tax firms like Amazon who operate in the UK but are domiciled elsewhere as a company, hence paying corporate tax outside the UK.
A new patent covering the risk monitoring of multiple cleared CCP accounts may conflict with CCPs and other FinTech vendors from providing similar functions.
A new CFTC report examines the number of entities in scope for phase 5 of UMR and the effect of excluded physical FX from the AANA calculations
The buy-side collaborate to improve the margin call process for OTC and ETD products.
A detailed research report into the gathering of OTC and ETD data reveals issues with the work being done by central banks to clean the data, and missing or confused attributes.
The following outlines a few of the major research questions being investigated: some of these are general research problems that affect blockchain/DLT development broadly, whereas others are very specific to financial derivatives, but all of these aspects must be solved, and their solutions combined effectively, to provide efficient and resilient solutions to the grand challenge.
The new pre-validation platform will be available to over 2,300 executing entities which are using Deutsche Börse’s ARM (Approved Reporting Mechanism) service. It will add enhanced testing and data quality remediation capabilities, as well as pre-submission validations, for all transactions destined for any of the 25 National Competent Authorities (NCA) to which Deutsche Börse is connected.
In this guest post from Liam Huxley the CEO of Cassini Systems considers SIMM, UMR, Systems, Politics, Brexit and 2019
Recently, Aite Group turned to 29 buy-side risk managers to find out what features are most important to them when selecting a risk management system and why.
Consultation Paper 26/18
Letter to CEOs of PRA-regulated firms from Sam Woods (PRA CEO and Deputy Governor for Prudential Regulation)
Opening up the market in South Africa: The need for speed part 2
Is your firm clearing NDFs? What you need is a smart way to transfer risk into a CCP to optimise your netting and margin
This chart shows without question what a disaster it would be if a legal or regulatory barrier is erected down the English Channel (French: la Manche, "The Sleeve"; German: Ärmelkanal, "Sleeve Channel"; Breton: Mor Breizh, "Sea of Brittany"; Corni
Make sure you put in your views on why capital for client clearing is an issue.
Exchange traded products such as futures and equities can show extreme volumes of transactions each day - could a distributed ledger support that level of throughput, given concerns over the complex consensus model for ledgers. Two new studies carry out detailed simulations to find the boundaries of ledger performance and show the way for future technology transformation in the capital markets.
Central clearing of standardized derivatives and margin requirements for non-cleared derivatives are two of the basic tenets of global financial regulatory reform.