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Will lack of guidance cause disruption on first day of VM regime?

Mar 1, 2017

Today is the first day that firms can margin under the new VM non-cleared margin rules.  The industry has not had an easy go of things as detailed in the Risk Magazine article – see the link below.

http://www.risk.net/derivatives/3944816/hazy-guidance-causes-chaos-on-first-day-of-vm-regime

Even though regulators have provided relief and extended the deadline for compliance firms are still experiencing issues with new functionality in production for the first time or new CSA agreements which may have been completed from a negotiation standpoint but not yet setup in firms collateral management systems.

It’s all systems go here at AcadiaSoft.  We are experiencing record volumes of margins calls completed via our MarginSphere® platform .  It is an long anticipated and prepared for day here Norwell, MA.

Mark Demo
Industry