Buy-side firms face up to operational challenges of incoming collateral rules
Despite the extension to comply with the final phase of the uncleared margin rules, major operational challenges remain for buy-side firms.
Despite the extension to comply with the final phase of the uncleared margin rules, major operational challenges remain for buy-side firms.
Pimco will use OpenGamma’s technology in a bid to reduce margin financing costs for derivatives trading.
Tradeweb has integrated margin optimisation analytics from Cassini Systems and OpenGamma to its interest rate derivatives platform.
Initial margin could surge by up to 94% for some derivatives portfolios during periods of high volatility, research from OpenGamma finds.
Stephen Plestis will head up sales for OpenGamma, after building the EMEA derivatives sales team at Credit Suisse for the past 14 years.
ICAP’s latest acquisition of Abide Financial adds to the growing list of Fintech firms snapped up by the group.
ICAP joins investors in $13.3 million deal with OpenGamma, as it shifts focus towards technology.