The study forms part of the Financial Stability Board’s work programme to improve the resilience of non-bank financial intermediaries. BCBS, CPMI and IOSCO have proposed amendments in six core areas and will work with the FSB to conduct this research
The solution comes ahead of initial margin wave 5, with an objective to ensure full, end-to-end straight-through processing connectivity, preparing the industry for Phase 6 of the Uncleared Margin Rules
“With the pending final phases of UMR for OTC derivatives, an increasing number of our clients are looking to replace manual processes with new tools that focus on workflow automation,” says Staffan Ahlner
Regulation, the need for efficiency and the availability of modular technology are all driving better collateral management, a Securities Finance Technology Symposium panellist says
The partnership will give KIS Pricing clients access to AcadiaSoft’s Initial Margin Exposure Manager and will also enhance AcadiaSoft’s presence in the South Korean market
ISDA develops the new collateral management transformation toolkit which is intended to help individual firms implement portfolio reconciliation and dispute resolution efficiencies.