RegTek Webinar v2
Uncleared Margin in a Nutshell
CloudMargin and SmartDX teamed up to run a peer benchmark survey and a follow-up webinar to discuss the results and also:
What are the key steps to become compliant with UMR?
Comparing Word and Email for repapering with a modern electronic platform
Moving from execution to implementation, getting sign-offs and gathering the terms and data you need
Comparing Excel for a regulated operational task with the latest electronic platform
Hear from someone who’s actually trodden this path and give objective feedback
Axiom, CloudMargin and OTC Space Uncleared Margin Q&A Webinar
Watch this playback of the March 7th webinar where Axiom and CloudMargin provided answers to the audience and summarised the current state of implementation of the Uncleared Margin Regulations.
Below are the key timepoints, plus each segment has a countdown clock so you can navigate the video more easily.
[01:44] Poll results, what sort of role are each of the attendees?
[02:20] Chart showing the current state of the regulations and commentary
[04:42] Poll and results on "How has your trading changed since March 1st?"
[08:39] Audience question: Has CloudMargin seen any volume effects on the platform since March 1st?
[12:00] Audience question: What activity could be deemed 'material' in demonstrating progress to achieving compliance?
[16:04] What modifications to your negotiation approach should you consider post March 1st?
[17:52] How to go about (re)prioritising counterparties?
[22:35] Audience question: What practical steps are needed to get agreements active?
[25:53] Poll results: How many agreements remain to implement or remediate for uncleared margin?
[30:01] Audience question: Are firms including securities in their agreements in advance of the future? (in addition to cash)
[32:57] Audience question: How well is the ISDA protocol working?
[37:05] What options should you consider in managing your post-March 1st remediation resourcing?
[42:29] What are firms doing to implement Swiss CSAs?
[45:15] Poll results: When do you expect all your CSAs to be compliant?
[49:59] How will the uncleared margin regulations effect trade reporting?
[52:05] Audience question: How will the split between cleared and uncleared OTC change over time?
[54:16] Audience question: How are dealers interpreting the 'limited forebearance', what does that mean to timing?