Buy side explores cloud for collateral management

Asset managers with FX positions are looking at cloud-based solutions as a means of coping with variation margin rules

collateral
Weighing risks: buy-side participants are trying to cut down the operations expense associated with new variation margin rules

Asset managers and other buy-side clients are exploring cloud-based solutions to manage collateral as uncleared margin rules raise operational complexities and costs, says Lee McCormack, head of strategy and product development at CloudMargin.

In the US, physically deliverable FX forwards and FX swaps are exempt from regulators’ variation margin requirements. But, in Europe, FX forwards and FX swaps are over-the-counter derivatives under the European Market Infrastructure Regulation, and are

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: