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DTCC’s FICC launches new public-facing Value at Risk calculator

The TRADE

With the amount of US Treasury clearing activity processed through FICC expected to rise by $4 trillion daily following the SEC’s expanded clearing mandate which will be implemented in 2025 and 2026, DTCC’s calculator will be a key tool for firms to determine VaR and potential margin obligations for any simulated portfolio.

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SSGA launches first actively managed corporate and municipal target maturity ETFs in the US

The TRADE

Named SPDR SSGA MyIncome ETFs, the suite looks to offer investors the ability to build their own custom bond ladder portfolios to manage their respective cash flow, interest rate risk, and liquidity needs. The suite consists of 14 actively managed target maturity ETFs with various maturity years ranging from 2026 to 2034.

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A look into the centrally cleared future

The TRADE

Clearing obligations will become stricter, with enhanced oversight of margin requirements and risk management processes. Despite these new potentially arduous compliance pressures, trading desks are also likely to benefit from reduced counterparty risk and improved market confidence thanks to the changes.

Trading 59
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US same day settlement ‘not a good idea’ despite technological advancement

The TRADE

Repo trades are, by definition, short term, so they carry less counterparty risk than swaps, but the market’s importance is so great that streamlining the plumbing via central clearing is generally supported by most market participants,” said Coalition Greenwich. to just over £2.6 asset-backed securities)”.

Trading 72
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FRC publishes updated UK Corporate Governance Code and Guidance

Cleary M&A and Corporate Governance Watch

Section 4 – Risk management and internal controls :Principal O has been amended to require boards not only to establish but to maintain an effective risk management and internal control framework. Supporting materials The FRC published a revised guidance on the updated Code on 29 January 2024.

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How Gen AI can boost relationship managers’ productivity

Accenture Capital Markets

They need to also be aware of constraints in areas like regulation and risk management, and practice Responsible AI (the practice of designing, developing, and deploying AI with good intention to empower employees and businesses, and fairly impact customers and society). last year to around US$2.2m

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How Razorpay ACS Empowers Your Digital Defense and Boosts Transaction Success Rates by 5%

Razorpay

With over a third of all financial transactions in India occurring online, and digital transactions being all set to surpass cash usage by 2026, 2024 can safely be said to be the financial era of post-digitization. The speed and convenience of online payments are undeniable, yet their lurking threats demand urgent attention.

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