COVID could lead to fungible margin model – Panel

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Highlights from the ISF-ISLA Securities Finance webinar series

On July 9, 2020, Bimal Kadikar, CEO of Transcend, spoke on the ISF-ISLA panel discussion on “COVID-19 & Chain Reactions: The Transmission of Effects Across Markets & Institutions.” The group discussed what has been expected and unexpected during the health crisis. And based on lessons learned what changes can be expected from business, operations and technology perspectives?

“Firms struggled to get a clear picture of their #collateral and margin exposures during the most volatile months of the crisis…We expect this to bring more focus to centrally coordinated collateralised businesses and operations.”

– Bimal Kadikar, CEO, Transcend

Panel participants were:

  • Mark Faulkner, Co-Founder, Credit Benchmark – Moderator
  • Nigel de Jong, Head of Sales and Relationship Management, RepoClear, LCH
  • Bimal Kadikar, Founder and CEO, Transcend
  • James Templeman, Global Head of SL Trading, BlackRock
  • Simon Sourigon, ED, Head of Global Securities Financing Americas, Natixis

Read more in the Global Investor article recapping the discussion.

In five years, 90% of funding will be done by machines

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You may disagree with the number of years or the percent, but everyone understands that automation in the funding and collateral space is occurring at a fast pace. The question is how you prepare for this inevitable future? Our view is that connecting data from disparate sources is the key to the next evolution in the funding markets. A guest post from Transcend. Read more