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.
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
- 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.
If you think TFE could help your business please get in touch