In a world of uncleared margin rules, Isda Simm adapts and evolves
A look back at progress and challenges one year on from UMR and Phase 6 implementation
Source: risk.net
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A look back at progress and challenges one year on from UMR and Phase 6 implementation
Bank wants market infrastructures to drive adoption of Isda CDM
Ad hoc updates riled industry, while regulators pushed for predictability in model recalibrations
Acadia finds roughly one-third jump in exposure following Simm recalibration, with higher funding costs adding to burden
Market volatility and spot-based Simm approach may drive large margin spikes in little-tested asset class