In a webcast July 16th 2019, a panel will explore the structure and practicalities of executing an UMR implementation plan or margin monitoring program ahead of the upcoming margin rules for uncleared derivatives in 2020
Newly In-Scope Counterparties (NISCs) for Phases 5 of the Uncleared Margin Rules (UMR) for uncleared derivatives, have just over a year to comply with new margin requirements, which is a tight timeframe given the scope and scale of the change. Firms have to grapple with the operational, legal and structural changes required, while also managing the costs and resources necessary to execute the implementation plan.
In a webinar, a panel will review a typical Phase 5 UMR implementation framework, the practical steps and sequence of tasks required and the strategic decisions that will support the successful and timely deployment an UMR implementation plan. The panel will discuss the advantages and disadvantages of building in-house vs. using industry solutions and clarify key areas of confusion surrounding UMR including margin monitoring requirements and processes, use of calculation methodologies, such as ISDA SIMM TM and the role of tri-party vs. third-party capabilities. Join us July 16th in this live webinar to learn more about UMR implementation and to ask the experts your questions.