Webinar: The margining of uncleared swaps is coming
On Wednesday 9 March, COOConnect and the Depository Trust & Clearing Corporation (DTCC) are delighted to be hosting a webinar, The margining of uncleared swaps is coming
Margining rules for swap transactions in the US and Europe are set to come into effect on 1 September this year. How ready is the industry for this? What do market participants need to do in order to be ready? What will the impact of this shift in practice mean for the industry?
To discuss this and more, Dominic Hobson founder of COOConnect, will be joined by Moris Danon, Product Manager for DTCC's ProtoColl Collateral Management System, Allan Yipp, Partner at Simmons & Simmons and Jaki Walsh, Managing Director of Derivati Consulting.
Registration is free and your questions are welcomed in advance and during the session.To register, you will need to fill in our registration form which will give you access to the webinar and an option to be sent a copy of DTCC's white paper, The Impact of Margin Requirements for Non-Cleared OTC Derivatives on the Fund Management Industry.
The topics to be discussed include:
This webinar is sponsored by Omgeo, the post-trade processing arm of the DTCC.
The webinar will be moderated by COOConnect founding partner Dominic Hobson, and will include the following panellists:
Moris Danon is a product manager for the ProtoColl Collateral Management System at Omgeo. As a member of the Professional Services team, Moris’s primary responsibilities include pre-sales presentations, and analysis, prioritization and documentation of business requirements. Moris came to Omgeo in 2013 from Murex, where he managed customer relationships, pre-sales, implementation projects and support teams for cross-asset class, front to back office clients. Moris has 30 years of experience in the financial services industry at top tier financial institutions and software vendors. He is a Chartered Financial Analyst and has an MBA degree from the University of Rochester.
Nick Steele is a Managing Director and Head of the Collateral Optimisation Unit at Barclays. Based in London, he is responsible for ensuring the efficient use of the firm's collateral across Barclays including OTC derivatives, Initial Margin and Intraday liquidity. Steele joined Barclays in 2010 from Deutsche Bank where he worked in the Credit Products Group in Global Financing and Foreign Exchange, responsible for optimising the counterparty risk across the business. Prior to this, he worked at Barclays Capital from 1998 to 2010 in the Prime Services division with responsibility for hedge fund margining and risking platforms (GNA). He holds a BA from Oxford University in Mathematics and Philosophy.
Allan Yipp specialises in prime brokerage, derivatives, derivatives regulation and structured products. He advises asset managers (both hedge and institutional) on all aspects of their trading relationships with market counterparties, including prime brokerage, derivatives and other trading agreements. Allan also provides specialist advice to clients in relation to derivatives regulation in Europe (EMIR). In addition, he advises investment banks and other corporate and financial institutions on a full range of derivative products in over the counter, securities and fund wrappers, focusing particularly on tailored derivative transactions, such as corporate equity derivatives, structured repos and structured credit derivatives. He has extensive in house experience, having spent over seven years of his career as senior in house legal counsel at two leading US investment banks.