Rushman, who was instrumental in the development of one of the first IBOR systems at Barclays Global Investors (BGI) in the 1990s, outlined the essential aspects of the technology to a packed room at London's Grosvenor House hotel.
"The big idea is really about making the company feel small," he said. "Certainly, when we were working on BGI's IBOR, that was really the overriding feel. Back in the Nineties, it was almost heresy to suggest that a client server-side database could possess a data mo
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails