Tag: collateral

The group of 20 industry bodies have said the outbreak has resulted in a significant delay for both custodians and buy-side firms in carrying out heavy onboarding tasks

A new study found the two-way initial margin rules for non-cleared derivatives will also result in a collateral shortfall of $60 billion alone.

Banks are attempting to find ways to reduce their capital-intensive repo trading activity in order to avoid penalties.

Deutsche Bundesbank and Deutsche Boerse have outlined the several advantages DLT will bring to increasing the speed and availability of collateral.

Interim CEO Todd Gibbons believes the interoperable model will help increase its global market share of the tri-party market. 

The rollout of the new platform is the latest innovation from the securities finance firm over the past year to enhance the collateral management infrastructure.

Despite the extension to comply with the final phase of the uncleared margin rules, major operational challenges remain for buy-side firms.

Northern Trust will use technology provided by AcadiaSoft for an outsourced collateral optimisation solution.

PIMCO will use OpenGamma’s technology in a bid to reduce margin financing costs for derivatives trading.

The project has been lauded by industry experts, and HQLAx founder Guido Stroemer was included in Global Custodian’s 30 to Shape the Future list.