3pm BST/10am EST; Register Now!
In a roundtable webinar, industry experts will explore the mechanics of a both establishing and using a client clearing services offering whilst also providing the audience with a timely update on how OTC derivatives central clearing is evolving amidst ongoing regulatory reform.
The G20 deadline for central clearing of OTC derivatives is nearing and as regulatory reform firms up the rules to support a move to CCP (central counterparty) clearing, financial institutions must assess how to engage in the new clearing environment by either clearing directly or utilising the services of a client clearing service offered by many banks and prime brokers.
In a webinar, a panel of industry experts will provide the audience with insight into the operational, technological and business challenges inherent in building a competitive client clearing service capable of meeting the needs of various clients. The discussion will offer technical view into the operational mechanics of central clearing including discussion of margin calculations, managing collateral (cross netting possibilities), pricing, and managing connectivity to various clearinghouses. The panel will also review how potential users of these client clearing services should be evaluating various solutions available and to support specific requirements including key questions such as the service costs and access to various clearinghouses.
Overall, the audience will gain an in-depth understanding of the client clearing models whilst gaining an update on the business and industry-wide issues that will influence central clearing as it evolves in light of regulatory reform and other industry changes. Attendees will have the opportunity to ask the panel additional questions within the Q&A session of this live webcast.
Some of the topics to be covered include:
1. Operational Mechanics of a Client Clearing and Direct Clearing Operation:
2. Business Side of Client Clearing Offerings: how services are priced, structured and how technology can differentiate offerings
3. Market Changes – how CCPs and banks will keep up with market changes including:
Speakers:
- Dania Fakredin-Viatte, Senior Manager, Murex Clearing Practice (Murex is sponsor)
Lee McCormack, Executive Director, OTC Clearing at Morgan Stanley - Philip Whitehurst, Senior Product Analyst for SwapClear at LCH.CLEARNET
- David Myers, Partner, Deloitte
- Andrew McGuire, RBS
* More to be confirmed shortly!
