Collateral utility on-boarding

Banks caught by BCBS/IOSCO regulations for margining non-cleared OTC derivatives must find a solution for initial margin calculation and dispute management. Several solutions are emerging, including industry-driven initiatives centred around AcadiaSoft and TriOptima, and commercial initiatives such as NetOTC.

On-boarding challenges

Whichever solution is chosen, banks must execute an efficient on-boarding project. Our approach covers:

• Business impact assessment and business case creation
• End-to-end program definition and design
• Governance and third party coordination
• Application architecture and data design
• Re-alignment of business processes
• Testing
• Legal documentation re-papering
• Systematic roll-out

TFE accelerates the on-boarding initiative, reducing project time, effort and risk through pre-developed tools and templates.