BNP Paribas will use the FIS solution to increase its visibility around initial margin on its cleared derivatives transactions.
Tag: Initial Margin
The final phase of the framework for posting initial margin is due to come into force in 2020.
Variation margin requirements come into force in March and Societe Generale has downplayed its potential impact.
Initial margin rules came into force in September and one industry expert feels that infrastructure improvements need to be made to progress.