We are experts in the strategic design, development and implementation of clearing, margin and collateral architecture. From the design and development of best in class target operating models and collateral management frameworks. We use industry best practices, new technological innovations and vendor selection to support your front to back capabilities. Whether it’s in response to regulatory demands, or to future proof your operating environment and create efficiencies through programme and project management supported by business and IT analysis.
As the collateral puzzle becomes increasingly complex as a result of the interrelated nature of derivatives, securities lending and repo, we offer the expertise and solutions to deliver on your intended direction. Including feasibility studies and business case development to assess whether enhanced inventory management can create alpha-generating business opportunities, reduce funding costs through improved optimisation algorithms leading to a more efficient and dynamic liquidity management operation. We can improve your analytical capabilities to identify and manage the direct and indirect costs associated with your P&L.
The regulatory landscape for cleared and non-cleared derivatives (UMR), the Securities Financing Transaction Regulation (SFTR), the Central Securities Depositories Regulation (CSDR) and the Interbank Offer Rate (IBOR) transition brings significant challenges to our industry. We provide our clients with bespoke solutions to address their risk and regulatory challenges, whether complex regulatory developments such as the Standardised Initial Margin Methodology (SIMM) or the distillation and interpretation of regulations to help define the business impact, we can help formulate and establish plans and a vision before guiding you through to execution.
The volume of legal documentation now required to support trading, reporting, custody, netting and regulations has made requirements more complex and challenging to maintain. Future-proofing legal data as a digitised golden source of the truth has never been more critical. We provide consultancy services directly and through partnerships on all aspects of legal requirements including netting opinions, technology options for digitisation and outsourcing options for negotiation of conditions to support UMR, IBOR, repo, securities lending and custodial and outsourcing arrangements.
Today's trading and post-trade environments are subject to far-reaching and rigorous governance and regulatory requirements that impact on business models and commercial objectives. We design and deliver independent services to validate and ensure compliance with existing processes, procedures and regulations. We can review external engagements in the post-trade environment to ensure that your service requirements and standards are being met and provide training programmes across all aspects of the collateral chain.
Clients need to operate in an efficient, controlled and robust environment to stay regulatory compliant and to contain the pressures on headcount, technology and costs as they strive to satisfy all internal and client demands. Inefficient operating models face new demanding requirements, associated costs and changing market dynamics may not be sustainable. We can provide clients with the analysis and expertise to choose the right margin administrator or service providers, that will help to simplify the challenges, improve the cost environment and provide a far quicker time to market which utilises the collateral ecosystem.
InitialMargin.online and Margin Reform have joined forces to offer a packaged consultancy model that will enable clients to work on all aspects of their UMR compliance. The partnership supports firms through the AANA calculation and validation into IM model calculations under Regulatory Grid/ ISDA SIMM and Initial Margin Threshold Monitoring backed by specialist collateral, margin and legal consultancy experts.
Cassini’s software services enhance front office trade decisions with visibility and analytics of post trade costs, and also provide post trade optimization and estimation tools for treasury and operations.
CloudMargin collaborates with Margin Reform to offer professional services clients a highly flexible, scalable and affordable cloud-based collateral management software.
CubeLogic delivers business intelligence enabled enterprise risk management solutions for all market risk, credit risk, liquidity risk and regulatory compliance exposures in energy, commodity and financial markets.
D2 Legal Technology (D2LT) is an award-winning legal data and change consulting firm acting as a trusted advisor to financial institutions on process, data and the use of technology to unlock business value through legal change.
OpenGamma is a derivatives analytics firm with unparalleled expertise in OTC and ETD margin methodologies, backed by CME, JSCC, Accel and Dawn. Their team brings together a unique mix of practitioner, quantitative and software engineering expertise
OpenRisk Technologies, Inc., is a provider of enterprise platform with a complementary suite of business-centric products to digitize, rationalize, and harvest any kind of complex unstructured data and events, enable process automation with rationalized data, and generate deep insights and connected data analytics. OpenRisk Margin and Collateral Management solution offers a near-zero-touch margin workflows on a chosen DLT along with interoperation between traditional and DLT applications.
Founded in 2000 with the aim of developing the most comprehensive, highly functional and reliable range of electronic services for the wholesale securities finance market. Pirum serves as the central hub of a complex network of market participants, tri-party agents, CCPs, market data vendors and execution venues.
Poor outcomes with service partners and other counterparties are a fundamental drag on realising your firm's strategic ambitions and mitigating risk. Uncover the critical service gaps with authoritative ServiceMatrix benchmarks.
SteelEye works closely with Margin Reform to reduce the complexity and cost of financial compliance by enabling clients to manage their regulatory obligations on a single platform and make better use of their data.