Bank wants market infrastructures to drive adoption of Isda CDM
TriOptima explains how it combines the reduction of gross notional exposure and the conversion of net risk exposure to deliver outsized results, partnering its portfolio compression network with core net ICE Libor over-the-counter swap portfolios
Vikash Rughani, business manager at triReduce and triBalance, outlines a new approach enabling buy- and sell-side participants to optimise the transition of legacy Libor over-the-counter swaps contracts to alternative reference rates
Ramprasad Sandilya, vice-president of strategic solutions at Broadridge, discusses the challenges facing clients in securities trade processing and the firm’s four-point plan for future technological innovation.
Fans highlight more reliable code, and suitability for complex tasks and distributed ledgers
Plans to sell MarkitServ fuel warnings about middleware vendors’ future
Standardised data would improve systemic risk monitoring and save firms billions, say data engineers
Post-trade incumbents at risk as Isda and others search for standards
Big dealers revealed as first bank clients of swaps start-up truePTS days after legal settlement
Asset managers worry legal dispute could force trueEX out of business
Sef claims it would be forced out of business if it loses access to MarkitSERV
Monolithic capital markets systems are giving way to microservices, containers and APIs
Fax counterparties could be locked out of OTC market
Derivatives trade reporting, CpML and the increasing use of GRC
Emir and Dodd-Frank are seeing energy companies flock to TriOptima
Sliding profits are prompting banks to take a new look at an old idea – an industry run back-office utility
In the clear?
Northern Trust appointed to replicate middle- and back-office functions of existing administrator BNY Mellon at $140bn hedge fund
A credible competitor
FSA's Bailey says the commitment letter process is better for firms than having the regulator "kicking over their books"
A clear challenge
Middleware provider MarkitServ now in line with industry standard - two months after initially planned and more than three months after rival Ice Link.