New swap margin rules could push more derivatives trading onto clearinghouses and create a host of operational difficulties at big banks, but may leave the buy side relatively unscathed when they go into effect next year, analysts say. Last Wednesday regulators unveiled a draft proposal of the rules, which establish a minimum amount of collateral… Read More >>
Bottom-Line Woes Send Buy Side to the Cloud
A new convergence is underway to make cloud computing more palatable for buy-side firms looking for bottom-line cost savings as they face new derivatives-based demands for more compute power just as profit margins tighten and IT budgets flatten. At the same time, the security, business culture and regulatory barriers that have blocked the cloud are… Read More >>
