The processing of collateral interest payments needs automation, and vendors TriOptima and AcadiaSoft are partnering to change that as financial services firms gear up for the onset of the Uncleared Margin Rules (UMR) regulations. Cash collateral accounts for approximately 70 percent of all collateral exchanged for non-cleared derivatives, according to the International Swap Dealers Association… Read More >>
CloudMargin & SmartDX Tackle the Variation Margin Rule
Variation Margin Rule Takes Effect March 1 CloudMargin, at web-based collateral and margin management solution, and SmartDX, which provide trade and relationship document generation, collaboration and processing announced that they have partnered to address the daily variation margin (VM) rule that goes into effect March 1 in the European Union, United Kingdom, United States and… Read More >>
