Page 2 - Initial Margin Model News Today

<p><span>Hello everyone, and welcome to the Derivatives Trading Forum. Thank you for joining us today, and thanks to Quantile for sponsoring the event.</span></p>

The final implementation phases of the initial margin requirements for non-cleared derivatives could put a real strain on the industry, says ISDAs CEO.

<p><span>Reporting of risk data has never been the easiest of tasks, either for banks or regulators. Different firms capture the information in different ways, which then needs to be submitted to different regulators across numerous jurisdictions in a variety of formats, creating an operational headache and the potential for errors and inconsistencies. There’s now an opportunity to change this amid increased use of a common standard for risk data – a development t...

To print this article, all you need is to be registered or login on Mondaq.com. ISDA recommended that global regulators adopt the Common Risk Interchange Format ("CRIF") and Common Domain Model ("CDM") to allow for the standardization and automation of financial reporting. CRIF is a uniform template for holding and reporting risk data. In a white paper, ISDA argued that, as central clearing, margin, trade reporting and revised capital requirements increase, so does the...

March 03, 2021 NEW YORK and LONDON, March 3, 2021 /PRNewswire/ -- LMRKTS, an industry-leading optimization and compression provider, announced today the successful completion of a proof of concept (PoC) for a holistic ISDA Standard Initial Margin Model (SIMM) Optimization across Rates and FX products. LMRKTS led the PoC in conjunction  with AcadiaSoft, Inc., the leading industry provider of risk and collateral management services for the derivatives community. The PoC for this new industry ser...