The March issue of Waters includes the second of a two-part feature on collateral optimization. One topic that came up time and again during the interviews was collateral transformation, which is seen as a possible bridge to swap execution facility (SEF) compliance.
Transformation is a service provided by, among others, JPMorgan, State Street, BNY Mellon, Deutsche Bank, Goldman Sachs, Barclays, and Bank of America Merrill Lynch, in which a firm can trade its riskier collateral for that with more
Should regulators take a more active role when it comes to AI oversight, or leave it to the professionals? What will M&A look like in 2018?Subscribe to Weekly Wrap emails