The Field Effect SFTR services update December 2018

SFTR – are you ready for 2020 compliance? The European Commission formally adopted the final SFTR RTS on 13 December so the timescale is now pressing to design, implement and test your SFTR solution. Here we look at how The Field Effect can help with SFTR architecture / data quality review; vendor evaluation / solution […]

SFTR – Call to action

Following the announcement by the European Commission on the 13th December that they are progressing with the ratification of the SFTR reporting requirements, there it is expected to be a 3-month parliamentary approval process, then the reporting go-live date will be Q2 2020 for the first phase of reporting firms. Whilst this process continues firms […]

Risk-Free Rate Transitioning plans

The Field Effect attended this year’s ICMA buy-side (AMIC) conference in London, where there was an active panel discussion on the use of Risk-Free Rates and the (L)IBOR transition.  The discussion centered on the need for firms to prepare now for the (L)IBOR transition in 2021 – for both new and legacy bond issuance, securitisation […]

Common Domain Model Frequently Asked Questions

Following the recent initiative from ISDA to develop and codify a Common Domain Model it seems that there is an opportunity to clarify and explain what a CDM may be and its possible uses. The FAQ document attached CDM FAQ_1 Nov Final is a preliminary look at a CDM and its potential application to the Securities Finance […]

The Bank of England Money Market Code and Securities Finance

The Bank of England Money Market Code challenges firms to comply with industry best practices in securities finance.  Simon Davies of TFE notes – The Bank of England has published its register of firms that have adopted the UK Money Market Code – The code sets out the standards and best practice expected from […]

How will Brexit impact the securities finance industry?

Simon Davies – The number of large European financial firms (Banks, Asset Managers, Insurance) with entities operating in the UK that will be impacted as the UK leaves the EU is greater than UK firms with European entities.  So, both UK and European firms should consider how their operating model will be impacted by the […]

ISLA Lisbon 19th June 2018

The Field Effect is proud to be sponsoring the 27th Annual Securities Finance and Collateral Management Conference this week. TFE will be present to share in-depth insight and analysis on a range of timely topics. Make sure you come and say hello to hear more about some of the following: Collateral pool transaction Collateral treasury […]

Brexit operating model and roadmap design

It is obvious that firms need a footprint within EU27 to continue servicing European clients, even though the full implications for the loss of financial services passporting are not yet clear.  Headlines have flown past us like straws in the wind: “Thompson Reuters moves FX derivatives to Dublin…”; “Goldman trebles Swedish office…”; “Citigroup boosts operations […]

The Field Effect attended J.P.Morgans 12th Annual Collateral Conference in London

The Field Effect attended J.P.Morgan’s 12th Annual Collateral Conference last week in London, where there were a number of thought provoking sessions on topics including the impacts to regulatory change in securities financing, enabling efficiencies through FinTech and innovation and the future of the collateral management landscape, led by industry experts. David Field, Managing Director of […]

The Field Effect attended Broadridge’s ‘Take Control of Your SFTR Compliance’ seminar last week

The Field Effect attended Broadridge’s ‘Take Control of Your SFTR Compliance’ seminar last week where it was great hear how firms are preparing for their SFTR readiness, along with making new acquaintances. It was interesting to hear the views of the operational impact of SFTR and how the market can learn from implementation challenges relating […]