Delta Capita buys securities finance consultancy The Field Effect

01 February 2019 Ten months after striking a strategic partnership, Delta Capita has acquired The Field Effect, creating one of the larger specialised consultancies service providers in prime brokerage, securities finance and collateral management. “The combined capabilities of both businesses creates a leading player in the market, at a time when the industry is experiencing […]

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 […]

Central banks call for an increase in trade data quality and coverage

Simon Davies – The new BIS / IFC report (here) on the use of captured derivatives transaction reporting to TRs and central banks from BIS, emphasises the need for increasing the quality of data reported. Financial Stability Board (FSB) jurisdictions feel that the data gathered on OTC and some exchange traded derivatives is good, but […]

The Securities Lending Times published its recent SFTR annual report 2018/19

In our article, The Field Effect explores some of the headwinds the industry is facing, and what can be done about it. Read the full article here The Field Effect – SFTR Industry impact To find out more, contact us at info@thefieldeffect.co.uk

CSDR an opportunity with a sting in its tail

Simon Davies writes – CSDR affects a broad range of asset classes involved in trading securities, collateral management, securities lending and repo TFE CSDR impacts analysis There is an opportunity for market participants to access harmonised, automated, continuous real-time matching and cash settlement instructions within the EU, with CSDs providing enhancements to their services and […]

IBOR replacement (end-2021) why firms need to act NOW

Jonathan Adams writes – The impact of the replacement of Interbank Offer Rates or IBORs is far reaching both geographically and by the sheer volume and diversity of products that use them as benchmarks (estimated 300 trillion USD equivalent).  Moreover, the operational impact to the banks, asset managers, insurers and their respective clients that issue, […]

What You Need to Know About SFTR

http://www.dtcc.com/dtcc-connection/articles/2018/august/29/what-you-need-to-know-about-sftr Sponsored by DTCC, this item shares more info on SFTR activities and background

Initial Margin – OTC derivatives and collateral management

Simon Davies – With the next phase of Initial Margin counterparts due to go live in September 2018, and two further phases in 2019 and 2020, there is expected to be an explosion in the number of firms processing and using collateral to meet OTC derivatives’ insatiable appetite. What lessons can the industry learn from […]

Addressing SFTR’s Industry impacts – a new white paper from TFE sponsored by DTCC

TFE has released our new white paper, sponsored by DTCC. In the paper we discuss the vital role of trade repositories for transaction reporting. SFTR has designated TRs as essential elements of compliance by acting on behalf of firms to consume, validate, normalise and store the vast amounts of transaction data involved. Firms will face a choice […]

Opportunities for standardisation in Securities Finance post SFTR

Opportunities for standardisation in Securities Finance post SFTR A Common Domain Model (CDM) for the Securities Finance Industry has the potential to provide an effective foundation to help resolve a range of challenges across the sector. These challenges are a result of the way the business has evolved since the 1990s and a consequence of […]