It’s not the first time nor will it be the last, but its always bad news: somebody thought they were being clever by falsifying documents in a direct, or peer to peer, repo transaction, leaving the cash provider bilked out of millions and the fraudster in jail. This has caused some real damage for the institutions involved. We dig into the details and offer suggestions for avoiding fraud in what otherwise is a market we appreciate and support.
A week ago Monday (Dec. 8th) we wrote about the OFR / Federal Reserve project to collect data on the securities financing markets. Today we take a look at what that could actually mean. What will they do with the data?
Articles and reports on collateral management tend to focus on the high-level application of technology and the money to be made (or not lost) from collateral optimization. Under the hood, the reality is that collateral management for complex organizations relies heavily on technology infrastructure. This is much more than a graphic user interface at the client site; this technology extends deep into the back-end of financial markets and has a global reach. I want to share some insights we’ve gained by working with hundreds of financial institutions in this area; specifically, about straight-through processing and the technology that makes collateral management systems scalable, flexible and easy to use throughout the organization.
Part II: The Fed releases rules on capital for GSIBs, includes extra requirements for securities financing tradesRead More
Clearstream Global Securities Finance Summit 2015
Luxembourg January 28-29, 2015
IMN 21st Annual Beneficlal Owners Securities Lending and Collateral Management Conference
San Francisco January 26-28, 2015
American Leaders 4th Annual Collateral Management Forum
New York February 19-20, 2015