As a result of this contract, Natixis expects to improve and automate its collateral management processes, enabling it to reduce operational inefficiencies and costs. It will also make it easier for the firm to comply with reporting regulations in Asia.
Meanwhile, Torstone has enhanced its business focus in Asia by appointing Takuro Ochiai from Daiwa Capital Markets Europe and Hong Kong to lead its Japan office. Gordon Russell, head of sales, Asia-Pacific, has been named head of Asia-Pacific.
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