Uncleared margin rules update
The recent guidance to support the timely and smooth implementation of the initial margin rules is a welcome reprieve for smaller market participants coming into scope in 2019/20.
In summary, firms won’t have to put in place documentation and custodial arrangements if their initial margin amount against a counterparty does not exceed the 50 million threshold.
Whilst this alleviates the operational burden on firms upfront, it’s still essential that they have a trusted solution in place to calculate and monitor their IM amounts on an ongoing basis ahead of the September 1st deadline.
The countdown is on, prepare and prioritize now
As part of TriOptima’s end-to-end initial margin solution, triCalculate is best placed to provide your SIMM™ calculations and monitor your IM thresholds. As a holistic solution, triResolve Margin then automates the margin call exchange with your counterparty as soon as the threshold is breached.
It’s initial margin compliance made simple
With a simple trade file and rapid onboarding, we make IM compliance easy. Here’s how it works:
- Submit trades to TriOptima
- We highlight your in-scope trades and calculate your IM amount using ISDA’s SIMM™
- We monitor your thresholds
- When the threshold is breached, we automatically send the margin amount to triResolve Margin and automate the margin call exchange with your counterparty
No implementation, low cost, easy.
Get started today by contacting us or booking a demo.
All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
