GMS will be a sponsor of the conference and will act as speaker on the following topic:
“INITIAL MARGIN AND VARIATION MARGIN FOR NONCENTRALLY CLEARED OTC DERIVATIVES AND THE NEW COST OF CLEARING ON CCP’S”
All functional aspects of collateral management, including OIS Discounting, Collateral Exposures, Initial Margins & Margin Calls, Independent Amount and Central Clearing, Collateral Re-hypothecation, are described in this paper, addressing mechanics of different building blocks of Collateral Management and Optimization. This paper provides the necessary global picture that banks require to harness new organizational and structural challenges.
Global Market Solutions has just issued a white paper dedicated to high-performance calculation for Counterparty Credit Risk. Please read this document and do not hesitate to contact us for further details and/or requesting a POC into your organisation. We will be happy to demonstrate our solution and integration knowledge at any time.
Global Market Solutions, the IRIS software editor for Counterparty Credit Risk, announced a partnership agreement with Zeliade Systems (www.zeliade.com). This partnership is intended to enlarge the scope of assets classes pricing provided natively into IRIS and to benefit from Zeliade Quant Framework (ZQF) for the valuation and risk management of derivatives across all asset classes.
A current trend in financial institutions is to develop their risks control by investing in projects concerning risk management, data and process quality and auditing. One could be led to believe that trading desks’ requirements would eventually decrease in terms of complexity and time-to-market. This has not been the case.
As current regulatory discussions focus on central clearing and trade repositories, this white paper will focus on the possible approach and set up of reporting to the Global Trade Repository (as offered by The Depository Trust & Clearing Corporation, DTCC). The paper will also address some of the challenges faced by financial institutions to keep systems and resources aligned with the changing regulatory environment.