Cash has almost become a secondary consideration in the shift to a secured world, and that means collateral is grabbing the steering wheel in driving the market forward. Such a transition means a greater need to mobilize collateral to enable transactions, risk management, and even market making, according to panelists at Clearstream’s GSF Summit.
4Sight’s Jonathan Cooper on cross-product technology integration and margin rules for uncleared derivatives
The financing markets are changing, and with that change comes the need for some form of systems overhaul. The big issue going forward, said panelists representing the securities lending market at the GSF Summit in Luxembourg, will be prioritizing resources to get things done. We spoke with Jonathan Cooper, Director of North American Sales at 4Sight Financial Software, about what he sees as the greatest challenges and opportunities in 2016.
The Depository Trust and Clearing Corp (DTCC) has taken a major step in positioning itself as a leader in the growth of blockchain. Following its investment in Digital Asset Holdings along with a group of investment banks, DTCC also issued a white paper on its views on blockchain’s evolution. In the US market, DTCC’s thoughts and plans are a center point for industry participants’ long term strategy, which makes what they have to say very important.