Sernova Financial is an innovative provider of cloud based post-trade services with a focus on derivatives clearing and extending into collateral and integrated risk management. Sernova Financials solutions lower the barriers to entry for clearing by recreating the shared infrastructure and service elements of a traditional clearing brokers. The single platform that supports the full front-to-back management of ETD & OTC derivatives and collateral, enables clients to benefit from a seamless transition to a clearing member, reduced risk, lower costs, capital efficiency, greater flexibility, increased control and ability to follow CCP liquidity.
This white paper explores the areas that will most likely be affected by the replacement of Libor with new benchmarks. It further proposes solutions on how to make the transition easier as well as more cost-efficient.
This white paper analyses the implications for 3 different Brexit scenarios for central counterparties (CCPs, or clearing houses), clearing brokers and end users. Download the paper to ensure your organisation can be fully prepared for a "hard", "medium" or "soft" Brexit.