Mas Nakachi appreciates the fact that central clearing will reduce counterparty risk. At the same time, the managing director of business development at integrated platform provider Calypso sees the challenges that central clearing and the associated collateral requirements will have on his clients.
The drive to standardize derivatives was done for the right reasons, he says, but has since gone too far. The capital charges have becomes so extreme that they threaten to eliminate legitimate
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails