Citi and CME Clearing adopt blockchain for collateral management processes
Blockchain-powered platform implemented to reduce costs of back office functions and speed up margin funding times.
Tag: collateral
Collateral fears driving direct CCP model
Concerns over sudden surges of collateral demands during volatile times have prompted buy-side to move to a direct model with the CCP.
Clearstream and Pirum to automate collateral exposure for buy-side
Automated solutions for valuing collateral has become a pressing need for the buy-side since the onset of stricter margin rules.
BNP Paribas to launch tri-party collateral management service
BNP Paribas' Patrick Colle said it is the first time a local sub-custodian has entered the tri-party collateral management space.
Firms shake up collateral management providers as new rules bite
Real-time settlement was cited as the most important factor in the selection process for a collateral management provider.
Over $1.4 trillion in collateral posted by top swaps dealers
Margin analysis by ISDA reflects changes to collateral practices over recent years.
Non-compliant derivatives trades face possible unwind by banks
Banks may be forced to cancel client trades executed after 1 March if their collateral agreements had not been re-negotiated.
US regulators provide relief with variation margin changes
Derivatives trading bodies are pushing for US agencies to ease rules on how client cash margin held by banks is calculated as part of their capital exposures.
LCH goes live with new direct collateral account
Aviva Investors has signed up as the first buy-side client for the new account type, as well as JP Morgan as the first clearing member for the service.
Lombard Risk expands Aus team with new country head
The former global head of collateral management product at JP Morgan, who joined Lombard Risk in 2016, will head up the expansion.