Sometimes you are awakened by a concept that is so simple yet so stunning. Such was the case with the opening remarks of industry veteran Ted Leveroni, now a principal at DerivProduct, who kicked off the DerivOps conference last month in Chicago. Over the years, Leveroni has been chief commercial officer for DTCC — Euroclear… Read More >>
GlobalCollateral Pact with Lombard Risk Targets Collateral Management Woes
DTCC-Euroclear Global Collateral (GlobalCollateral) and Lombard Risk, a collateral management and regulatory reporting solutions vendor are weaving together a strategic alliance intended to improve the margining support and streamline the many steps of collateral management operations. The vendors are saying that a multi-phased alliance would start with “an agreement to link GlobalCollateral’s Margin Transit Utility… Read More >>
New Collateral Management, Margining Rules to Sting as Regulation Takes Hold
Securities firms are going to feel over the coming months multiple stings of regulation via Dodd-Frank, the EU’s European Market Infrastructure Regulation (EMIR) legislation and Basel III that will cause collateral management and margining requirements and calls to skyrocket. So says industry veteran Ted Leveroni, chief commercial officer for DTCC-Euroclear GlobalCollateral Ltd., a joint venture… Read More >>
