By Mark Demo, Head of Community Development at Acadia
Welcome to the 4th year that Acadia has published its budget planning insights. We write this annually to give our clients an idea where we are investing our resources and sharing where we see your peers investing, so you can, if you choose, factor these ideas into your planning effort. We are committed to providing you with no cost, low cost or cost mutualized options to drive down your operating expense and increase your Straight-Through Processing (STP).
We strive to meet this commitment to you every day in our words and actions.
The Uncleared Margin Rules (UMR) have been a huge force for driving standardization. We see this playing out now across the market in several different ways – in one example, firms are pushing to extend the transparency and timeliness benefits of ISDA SIMM into the calculation and exchange of non-regulatory initial margin. In another example, capital calculations which were largely based on internal risk models are now being phased out ahead of 2023 regulatory requirement that now favors a more standardized approach.
Also, as the later stages of UMR come to fruition, we see a new exposure management trend emerging brought about by the regulatory relief granted by prudential regulators that enabled Phase 5 and 6 firms to delay their “operational readiness” until it was clear that they would actually move regulatory initial margin.
Read further to understand how Acadia is investing in response to these trends:
We are grateful for the opportunity to partner with our clients, and we look forward to another great year working together.
About Mark Demo
Mark D. Demo is Head of Community Development at Acadia and an integral part of the Strategic Development organization. Mark has more than 20 years’ experience in the OTC Derivatives market and has served as a co-chair of the ISDA Collateral Steering Committee. He has participated on International Swaps and Derivatives Association (ISDA) working groups and has been involved in developing changes in collateral operations associated with financial regulations under Dodd Frank and EMIR. Mark is a collateral subject matter expert who is now focusing on new product development and overseeing client and prospect engagement programs across Acadia’s new and existing services.
For more information please visit us at acadia.inc
Or email us at info@acadia.inc
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By Mark Demo, Head of Community Development at Acadia
Welcome to the 4th year that Acadia has published its budget planning insights. We write this annually to give our clients an idea where we are investing our resources and sharing where we see your peers investing, so you can, if you choose, factor these ideas into your planning effort. We are committed to providing you with no cost, low cost or cost mutualized options to drive down your operating expense and increase your Straight-Through Processing (STP).
We strive to meet this commitment to you every day in our words and actions.
The Uncleared Margin Rules (UMR) have been a huge force for driving standardization. We see this playing out now across the market in several different ways – in one example, firms are pushing to extend the transparency and timeliness benefits of ISDA SIMM into the calculation and exchange of non-regulatory initial margin. In another example, capital calculations which were largely based on internal risk models are now being phased out ahead of 2023 regulatory requirement that now favors a more standardized approach.
Also, as the later stages of UMR come to fruition, we see a new exposure management trend emerging brought about by the regulatory relief granted by prudential regulators that enabled Phase 5 and 6 firms to delay their “operational readiness” until it was clear that they would actually move regulatory initial margin.
Read further to understand how Acadia is investing in response to these trends:
We are grateful for the opportunity to partner with our clients, and we look forward to another great year working together.
About Mark Demo
Mark D. Demo is Head of Community Development at Acadia and an integral part of the Strategic Development organization. Mark has more than 20 years’ experience in the OTC Derivatives market and has served as a co-chair of the ISDA Collateral Steering Committee. He has participated on International Swaps and Derivatives Association (ISDA) working groups and has been involved in developing changes in collateral operations associated with financial regulations under Dodd Frank and EMIR. Mark is a collateral subject matter expert who is now focusing on new product development and overseeing client and prospect engagement programs across Acadia’s new and existing services.
For more information please visit us at acadia.inc
Or email us at info@acadia.inc
By Mark Demo, Head of Community Development at Acadia
Welcome to the 4th year that Acadia has published its budget planning insights. We write this annually to give our clients an idea where we are investing our resources and sharing where we see your peers investing, so you can, if you choose, factor these ideas into your planning effort. We are committed to providing you with no cost, low cost or cost mutualized options to drive down your operating expense and increase your Straight-Through Processing (STP).
We strive to meet this commitment to you every day in our words and actions.
The Uncleared Margin Rules (UMR) have been a huge force for driving standardization. We see this playing out now across the market in several different ways – in one example, firms are pushing to extend the transparency and timeliness benefits of ISDA SIMM into the calculation and exchange of non-regulatory initial margin. In another example, capital calculations which were largely based on internal risk models are now being phased out ahead of 2023 regulatory requirement that now favors a more standardized approach.
Also, as the later stages of UMR come to fruition, we see a new exposure management trend emerging brought about by the regulatory relief granted by prudential regulators that enabled Phase 5 and 6 firms to delay their “operational readiness” until it was clear that they would actually move regulatory initial margin.
Read further to understand how Acadia is investing in response to these trends:
We are grateful for the opportunity to partner with our clients, and we look forward to another great year working together.
About Mark Demo
Mark D. Demo is Head of Community Development at Acadia and an integral part of the Strategic Development organization. Mark has more than 20 years’ experience in the OTC Derivatives market and has served as a co-chair of the ISDA Collateral Steering Committee. He has participated on International Swaps and Derivatives Association (ISDA) working groups and has been involved in developing changes in collateral operations associated with financial regulations under Dodd Frank and EMIR. Mark is a collateral subject matter expert who is now focusing on new product development and overseeing client and prospect engagement programs across Acadia’s new and existing services.
For more information please visit us at acadia.inc
Or email us at info@acadia.inc
Blog
May 4, 2023
Video
April 12, 2023
Article
March 14, 2023
Blog
May 4, 2023
Video
April 12, 2023
Article
March 14, 2023