Asset managers have barely completed the re-write of collateral exchange agreements for the incoming variation margin rules.
Deutsche Börse will partner with members of the Liquidity Alliance on a blockchain offering targeting cross-border collateral management.
Lombard Risk has agreed to co-operate with Atos for delivery of its collateral offering to the German market.
The EC has set out a series of proposals to ease the capital rules for banks and the clearing requirements for some buy-side firms.
GFT will support the next stage of Lombard Risk’s strategy of delivering its collateral management software in the cloud.
Law firm Linklaters anticipates the rules could come into force by mid November if the EC accelerates implementation.
The European Commission has adopted the initial margin rules, which is set to come into force in January 2017.
Only the US, Canada and Japan are ready to implement initial margin requirements on 1 September.
New BNY Mellon report highlights the challenges around optimising collateral when it comes to financing transactions.
The European Commission has told regulators pension funds should be exempt from collateral rules.