Collateral management
Opportunity and Caution Abound with Extra Year for UMR
With the uncleared margin rules deadline extended, firms have an additional year to prepare, but they must do so while navigating the coronavirus pandemic and its economic fallout.
HazelTree Looks to Get Ahead of UMR Phases 5 & 6 with AcadiaSoft Partnership
As a result of UMR, the vendor forecasts the buy side will attempt to minimize its risk, and will pay big if it doesn't.
Deutsche Börse Foresees DLT Role as Network Operator
The exchange says its function may evolve from a traditional market infrastructure provider to managing decentralized networks.
GLMX Looks to Sec Lending and Swaps for Electronification
The platform provider is looking at opportunities in securities lending and swaps, as it pursues expansion in Europe.
This Week: Goldman/Finos; JP Morgan/Baton; Caixa AM; IHS Markit
Catch up on some of the past week's financial technology news.
People Moves: SSGA, GLMX, AcadiaSoft, CAIS, DriveWealth
A look at some of the key "people moves" from the week of Sept. 9 to Sept. 13.
People Moves: MarketAxess, OpenDoor, Capitolis, FSB, CloudMargin, Fenergo, CLS
A look at some recent key people moves, including Kat Tatochenko (pictured), who joins MarketAxess.
With Initial Margin 'Big Bang' Split, Tech Preparations Could be Impacted
As the final phase of the IM implementation for non-cleared derivatives has been split into two parts, questions emerge on whether tech preparations will stall.
Leading Swap Dealers Join DTCC-Euroclear Margin Transit Utility
DTCC can now focus on expanding coverage of the MTU with the addition of leading dealers.
Vendors Prep for Initial Margin Big Bang
Tech providers are emerging from all corners as the final phases of initial margin rules closes in, which are expected to capture over 1,000 buy-side and sell-side firms over the next 18 months.
Banorte Digitizes Risk Operations
One of the largest financial institutions in Mexico is digitizing core risk and compliance functions to consolidate operations, reduce reconciliation costs and future-proof its IT infrastructure.
DTCC Trade Repository Receives Swiss Green Light
The trade reporting provider will have authorization to serve Switzerland's derivatives market.
DTCC to Partner with Xceptor for SFTR Data Service
The Xceptor capability will address data concerns of SFTR by enriching, normalizing, and validating data before firms submit to trade repositories.
CloudMargin Appoints Daniel Schwartz as CIO
Schwartz, with 20 years of industry experience, will lead the implementation of CloudMargin's platforms.
BBOD, GMEX Launch Hybrid Cryptocurrency Derivatives Platform
Joint venture offers institutional investors the benefits of a high-speed centralized trading platform for cryptocurrency futures contracts.
LSEG Acquires Minority Share in AcadiaSoft
LSEG is looking to improve its non-clearing services with this latest deal.
Clearing Executives Remain Skeptical on Blockchain
Senior CCP specialists say some emerging technologies have promise, but significant hurdles remain.
AFTAs 2017: Best Risk Management Initiative—TD Securities
Coming next September are the IM requirements for uncleared swaps. Neal says that without this system, “there is no way we would have been able to be flexible enough to be able to support things [that] we’re having to do for initial margin [calculations]…
Esma Proposes CCP Margin Model Disclosures
European regulator takes step toward forcing clearinghouses to disclose exactly how they calculate risk and collateral requirements for trades.
BNP Paribas Securities Services Extends Collateral Management Business with Tri-Party Service
French custodian enhances collateral management service connecting the buy side, the sell side and central clearing counterparties.
GlobalCollateral Launches Tool for Cross-Border Collateral Mobility
DTCC-Euroclear Global Collateral Ltd. launched its new Inventory Management Service (IMS) to allow clients to mobilize securities from the US to Europe to use as collateral.
Nasdaq Clearing Joins CloudMargin Platform to Help Clients Manage Collateral Margin
Nasdaq Clearing joins CloudMargin platform to provide buy-side clients with single platform to manage cleared and non-cleared collateral margins.