Tech Releases Surge Ahead of Initial Margin Deadlines
The final phases of initial margin rules are expected to capture over the next two years more than 1,000 buy-side and sell-side firms, which technology providers see as potential customers.
The beginning of 2019 has seen a spike in releases of new technology solutions as the industry braces for the final phases of the initial margin (IM) requirements for non-cleared derivatives—jointly developed by the Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (Iosco)—which take effect in September 2019 and September 2020.
Phases four and five of the implementation will bring more than 1,000 banks and asset managers with margin
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