BNP Paribas Securities to Use SimCorp’s Dimension Platform BNP Paribas Securities Services reports that it has implemented the SimCorp Dimension system to streamline accounting processes for its clients. The firm has implemented the SimCorp Dimension platform to manage its integrated accounting offering “as well as other services in its comprehensive product suite,” according to SimCorp… Read More >>
O’Malia Sets the Agenda for ISDA
Scott O’Malia, the relatively new CEO for the International Swaps and Derivatives Association (ISDA), has been on the job for “some five weeks,” and he has been busy. FTF News readers will remember that O’Malia was until recently a rather vocal and active CFTC commissioner who among other accomplishments brought attention to many of the… Read More >>
Swaps Margin Rules to Slam Big Sell-Side Firms
New swap margin rules could push more derivatives trading onto clearinghouses and create a host of operational difficulties at big banks, but may leave the buy side relatively unscathed when they go into effect next year, analysts say. Last Wednesday regulators unveiled a draft proposal of the rules, which establish a minimum amount of collateral… Read More >>
