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.
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.
With a simple trade file and rapid onboarding, we make IM compliance easy. Here’s how it works:
No implementation, low cost, easy.
Get started today by contacting us or booking a demo.