Uncleared Margin Rules When previously discussing Phase 6 of the Uncleared Margin Rules (UMR), we have mainly considered the derivatives industry’s challenge in bringing the final round of firms into compliance with the regulation. We delved into pre-trade analytics and … Read More
Phase 6 UMR: SIMM vs GRID, and which approach is best for your firm
Written by Vardaan Kohli, Senior Product Specialist, Cassini Phase 6 UMR: SIMM vs GRID, and which approach is best for your firm The Uncleared Margin Rules (UMR) Phase 6 deadline is fast approaching, with the International Swaps Derivatives Association (ISDA) … Read More
Hedge Fund Statistical Arbitrage Strategies – Pairs Trading in the Post-UMR World
Written by Vardaan Kohli, Senior Product Specialist, Cassini SIMM Margin can be 300% higher than PB Margin for pairs trades. Below, we explain why this is, and how this will impact Hedge Funds going forward. Background One of the key … Read More
Pre-trade Analytics: The Precursor to UMR Threshold Monitoring and Cross Asset Margin Management
Whether you are a Phase 6 firm working to monitor your margin to keep under the UMR threshold come September, or a Phase 4, 5, or 6 firm looking to support cross-asset margin management; pre-trade analytics is essential to support … Read More
UMR in scope, or not in scope – that is the question?
UMR in scope, or umr not in scope – that is the question? Nine months may seem like a long time to prepare for phase 6 of the Uncleared Margin Rules (UMR), but if regulatory history is any guide, it … Read More
ASFA Webcast: Collateral is now an asset class – controlling margin and funding costs
Beyond 2020 Webcast Series, Episode 22 “Collateral is now an asset class” In ASFA’s latest webcast, CEO Martin Fahy is joined by Greg Ballesty, APAC lead – Product Specialist and Marc Knaap, Head of Business Development, at global margin analytics specialist, … Read More
UMR Backtesting: Here to stay
For years, Phase 5 and 6 firms captured by the Uncleared Margin Rules (UMR) have been anticipating that the regulation’s backtesting-benchmarking requirements were to be dropped. Now, those firms have to act, as the draft Regulatory Technical Standards (RTS) on … Read More
Improve collateral resilience through analytics and optimization
This article orginally featured in Secuties Finance Times Collateral Anuual 2021/22. You can download a PDF version of the complete annual here. A PDF version of the below article can be found here. Collateral resilience is an operational model to … Read More
Cassini Cares Charity Fundraising Initiative – KidsOut Partnership
With little-to-no COVID restrictions in place and the world slowly returning to normal, there seems like no better time than now to partner up with a charity, have some fun as a team and most importantly, give back to the … Read More
Hedge Funds face strict new rules – are you prepared?
This article was originally published in HedgeWeeks Special Report, ‘Technology Innovations in Focus 2021’ The full report can be found here. A PDF version of the below article can be downloaded here. Hedge Funds face a major change in their … Read More
