A new white paper from the DTCC predicts that margin calls on derivatives could increase by as much as 1,000%. The paper cites regulatory changes that will spur fragmented clearing and a jump in margin calls. With so much that can go wrong, the new clearing regime for derivatives is quickly becoming a major operational… Read More >>
A Standard for Collateral Management Settlement?
SWIFT, the DTCC and AcadiaSoft, maker of a margin messaging platform, are exploring ways via preliminary tests with clients to standardize an infrastructure for bilateral and tri-party collateral management settlement. But some industry observers want independent industry groups without a profit motive to lead these much-needed efforts to end manual processes and reduce systemic and… Read More >>
Another Ally in the War on Data Silos
Another shot across the bow is coming for data silos. Recently, I noted that FATCA compliance and automated reconciliation could eliminate some data silos or cause firms to find ways to access previously unavailable data. The New Age of Collateral Management is clearly another ally—maybe the strongest one—in the war against data silos.Data management issues… Read More >>
