IHS Markit launches initial margin calculation tool for OTC derivatives
The final phase of the framework for posting initial margin is due to come into force in 2020.
Tag: collateral management
LCH taps Kate Birchall as new head of Asia Pacific
Kate Birchall joins LCH from National Australia Bank, replacing previous region head Marcus Robinson.
BNY Mellon appoints industry legend to lead Americas asset servicing
The appointment is one of the more significant hires for BNY Mellon as it attempts to regain the top spot in the global custody rankings.
ESMA hits out at UK and German regulators over CSD lending exemptions
The watchdog has called upon UK and German regulators to revise national exemptions on collateral requirements within the UCITS framework.
Northern Trust makes enhancements to collateral management capabilities
The enhancements include a direct buy-side access link with LCH RepoClear, added tri-party repo services, and a new collateral optimisation tool.
JP Morgan agency securities financing management team given new look
JP Morgan welcomes multiple new additions to its agency securities financing team to lead the business globally.
LSEG acquires stake in collateral management platform AcadiaSoft
LSEG’s LCH Group will work alongside AcadiaSoft to bring new products to the non-cleared OTC derivatives market.
Lombard Risk teams up with Clearstream to access tri-party services
The agreement will enable greater opportunities for real-time collateral mobilisation, as well as straight-through processing across asset classes.
BNY Mellon becomes first tri-party agent for Stock Connect
The launch of the service follows the go-live of China A-Shares on the MSCI Emerging Markets Index for the first time.
Vermeg completes Lombard Risk acquisition
The deal will see collateral management, regulatory reporting and compliance products used by banks and buy-side firms added to Vermeg’s product line.