On 15th Nov 2011 UCLFINDS.COM sponsored the thought leadership debate Managing Collateral in an ever changing world for a full house of 180 industry practitioners in the JZ Young Lecture Theatre at University College London.

The panelists and speakers were:

• Mark Higgins – BNY Mellon
• Andrew Howat – Head of Collateral and Liquidity Management – LCH
• Stefan Knoblauch – Executive Director, Clearing Business Development, Eurex Clearing
• David Little – Calypso Technology
• David Field – Rule Financial
• Ben Shepherd – Oliver Wyman
• Jez Bezant – Moderator
• Donald Lawrence – Chair

Abstract;

Collateral Optimisation

• Raising the operational bar – G-20/Basel 3 requirements and ISDA Collateral Committee response
• Impact on derivative pricing – OIS optionality, CVA
• Central counterparties – asset segregation, initial margin, impact on residual portfolio
• Asset optimisation

The new regulations for the financial markets, namely the Dodd-Frank act and the European Market Infrastructure Regulation, will bring additional and stricter requirements and processes for market-participants.

Effective collateral management is essential to optimal asset allocation and capital management. The financial markets are looking for holistic collateral management solutions needing innovative optimisation technology. Collateral is increasingly seen as a front office concern creating new entrants, and new solutions to meet enterprise wide challenges. All buy side, sell side, service user or service provider will discover these changes bring opportunities and challenges and will create winners and losers.

These developments make the subject of collateral optimization a critical topic. What is at stake in this new branch of risk management? What is the outlook in the short, medium and long run for this activity?

To register for future events please see http://uclfinds.com/