As MacKay Shields' license with a vendor was expiring, IT head Anthony Vigilante figured it would be a good opportunity to upgrade to the vendor's software-as-a-service (SaaS) solution. The teams hopped on a conference call to hammer out some of the parameters. After a few questions, Vigilante asked about data security. The call got suddenly quiet. Right then, he knew that MacKay Shields would not be switching to SaaS, and its data would be staying safely tucked behind its own four walls.
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