Can Bank Dealers Win the Swaps Collateral Optimization Race?September 25, 2012Bank dealers will lose 20 percent of their trading revenues when mandatory clearing of OTC derivatives begins, but they can recoup these lost revenues through "collateral optimization," contends Sungard's Daniel Parker.
The 3 Biggest Pain Points on the Road to Swaps ClearingMarch 12, 2012Central clearing promises to bring transparency to the OTC derivatives market and reduce participants' risk. But dragging swaps out into the open is a difficult road. Here are three challenges adding to the buy side's pain -- and insight into how they can
Who Do Buy-Side Firms Trust With Their Money?March 08, 2012In the absence of clear rules on customer collateral protection, the question of default risk weighs on investment managers entering the swaps clearing game, and some market participants argue that custodians offer a safer option than brokers.
Moving to a Centralized Collateral Management Environment: The Way ForwardFebruary 28, 2012Firms can centralize their collateral management processes by using tactical solutions that will work not only in the short term, but that will also give them the tools necessary to comply with future regulations and embrace new technologies as they become
Swaps Regs Up the Ante on Collateral ManagementFebruary 21, 2012To cope with new swaps regulations, Kempen Capital Management scrapped its Excel spreadsheets in favor of an iinhouse collateral management system.
Four Investment Banks Go Live with AcadiaSoftOctober 31, 2011Deutsche Bank, Goldman Sachs, HSBC and J.P. Morgan are using AcadiaSoft's online community for margin automation in the OTC derivatives market.
DTCC Partners with Clearstream September 15, 2011Both companies plan to combine DTCC Loan/SERV and Clearstream collateral management to leverage loans as collateral.
Fiserv Selects Omgeo Protocoll As Collateral Management SolutionAugust 02, 2010New and existing Fiserv customers on the TradeFlow platform will be able to automate their collateral management process, handle numerous asset classes and increase visibility into credit exposure to mitigate counterparty risk.
10 Trends That Are Reshaping the Wall Street Back OfficeJanuary 25, 2010With new regulations on the way and calls for greater scrutiny and transparency into how financial instruments are priced and cleared, the importance of a strong back office is destined to receive a lift this year. Here are 10 developments that are reshapi
Oracle Releases New Solution to Help Banks Manage ExposureApril 16, 2009The enterprise application enables banks to achieve a holistic view of their exposure by helping them to centralize collateral management, limits definition, and tracking and measurement of exposure across the institution, according to Oracle.
Collateral Automation to Be A Trend in 2009December 19, 2008Market turmoil placed a spotlight on counterparty risk, and collateral management is critical to mitigating counterparty credit exposure. Solutions that help value and manage collateral on a near-real-time basis will be one of the few areas of IT investmen
Wall Street Taking A Closer Look at Collateral ManagementNovember 17, 2008The quiet backwater of collateral management has been stirred up by Bear Stearns' collapse, Lehman's bankruptcy, AIG's near-death and ongoing turmoil in the credit markets.
Overbearing Market Reform Will Only Slow Market InnovationApril 15, 2008As investors call for extensive regulatory oversight of certain derivatives, regulators must be careful not to create a regulatory crutch that removes innovation from the markets.
NYSE Specialist Elimination Is OverdueDecember 12, 2007The NYSE specialist may soon be eliminated and replaced with designated market makers. But whether these new market intermediaries are effective and profitable is questionable.