Author Description
Judson Baker serves as Senior Vice President and Product Manager with a focus on derivatives and collateral management at Northern Trust. He is responsible for coordinating and developing Northern Trust's investment operations outsourcing, fund administration and custody services as they relate to derivatives. This includes innovation and development, global expansion, and overall strategy for derivative services.
Prior to joining Northern Trust in 2006, Judson helped to develop a Product Control group at Citadel Investment Group for two years. He managed a team that was primarily responsible for the independent price verification as well as profit/loss reporting and analysis for all traded products. Prior to joining Citadel, Judson spent seven years at Bank One focusing on derivatives. In his later years at Bank One, he was an Equity Derivative trader within the firm's Capital Markets area.
Custodians Come Together to Standardize Margin Statements for Cleared Swaps
A group of global custodian banks are working together to establish a standardized format for margin statements…