Funding and Capital Economics

Conquering the Cost Conundrum

+0
13 Views

Current changes in the financial industry are proving to be costly for market participants. For example, the push by regulators for more centralised clearing of OTC derivatives means that portfolios will have to be split between cleared and un-cleared derivatives. Margining for OTC markets is also becoming increasingly complex and the management of assets delivered to cover these exposures are another source of cost. Knowledge that the cost of trading could increase further still has prompted many to re-asses their stance. Many are turning to market infrastructures with sophisticated triparty collateral management solutions such as Clearstream’s Global Liquidity Hub for a one-stop- shop solution to meet this multitude of challenges in an efficient and cost-saving manner.

Share
Category

Rocket 4 Downloadable PDF Edition

+0
5 Views

Rocket 4 is now available as an on-line edition formatted for tablets and computer screens. This edition contains 48 pages of new content, plus bonus articles we couldn't squeeze into the print edition.

Share
Category

Synthetic Finance Whitepaper: Target Operating Models and Technology Challenges

+0
14 Views

4sight Financial Software and consultancy The Field Effect have published a complimentary whitepaper on Synthetic Finance using equity swaps such as total return swaps and portfolio swaps.

Share
Category

Eurex Blog Articles

+0
12 Views

Blog posts on LinkedIn Pulse by myself from May & June with useful infographics that assist with understanding collaterial efficiency, synthetic euro asset swaps, cross margining, client asset protection, and more.

Share
Category

Strategies for securities finance businesses: A Sungard Whitepaper

+0
20 Views

The securities finance industry is currently digesting the heavy meal that has been Basel III, CRD-IV, Dodd-Frank and related regional regulatory initiatives impacting the global market.

Share
Category

Asymmetry of CSAs Causes FVA Costs

+0
36 Views

There has been some confusion recently over Funding Value Adjustment (FVA). On April 29th, Risk Magazine reported that dealers were charging clients for FVA on collateralised trades, due to the quality and fungibility of collateral being posted by the client. To appreciate why this is happening, one needs to understand dealers’ funding operations when making derivatives markets.

Share
Category

2015 Annual ISLA Conference

+0
19 Views

The international Securities Lending Association, together with the Conference Advisory Group and this year's conference Co-Chairs Mark Whipple from Goldman Sachs and Philip Morgan from Nomura International have published the conference agenda for the 24th Annual Securities Finance and Collateral Management Conference.

Share
Category

Rocket 4 - Blast Off Approaching

+0
11 Views

The team here at The OTC Space are pleased to announce the upcoming launch of Rocket 4. With all original content, we're confident it's going to be popular; the last edition got lots of positive feedback.

Share
Category

So Many Margin Models

+0
39 Views

The focus on clearing and risk management is creating an expanding need for mathematical models to calculate margin requirements in many contexts. In the exchange world SPAN has been the staple calculation method, and widely implemented by software vendors, whereas since the arrival of SwapClear and the global take up of central clearing, various variations of Value at Risk (VaR) have become necessary both for margin, capital and portfolio modelling reasons.

Share
Category

Synthetic Financing Webinar: Operating Model Principles and Technology Challenges

+0
11 Views

4sight and The Field Effect would like to invite you to a webinar on Synthetic Financing on Wednesday, 17th June.

Share
Category