Posts Tagged ‘General’

Millennials: Advancing the Future of Finance and Treasury Technology

Born between the early 80’s and the late 90’s, the millennials, the world’s largest generation to date, are rewriting the rules for everything around them, from digital entertainment to the ways of the workplace. More and more millennials are now entering the job market. But how is this generation differing in work, particularly in treasury…

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Another Common Sense Win For End-Users Under Dodd-Frank

Better late than never. Last week the CFTC provided a no-action letter recommending that the Commission does not enforce the requirement for inter-affiliate swap reporting under Part 45 governing Swap Data Repository (SDR) rules.  Under these rules, a non-financial corporate that centralizes its hedging activity by consolidating its group needs into a larger dealer-facing swap…

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Two years later, the Dodd-Frank train has left the station.

With the passing of the Swap Definition rule on Tuesday, July 10th the clock really starts ticking as some key rules are going into effect this fall.  Any rational person would assume that before you write rules governing Swaps, you start with the simple task of defining the Swap.  Unfortunately life in the derivative world…

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Clearing the Way for Clearing: Cost vs. Benefits to End-Users

ISDA put out a great summary of some of the key issues on the future of clearing OTC derivatives versus the current benefits of bilateral collateral arrangements that exist today (http://isda.derivativiews.org/2012/04/24/the-bilateral-world-vs-the-cleared-world/), highlighting additional margin, capital charges, documentation and players. There has been much discussion already about the initial margin hit that end-users will take and…

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