Why Are Collateral Operations Managers So Focused on Initial Margin?

Many professionals working in collateral operations will be hit by the Initial Margin (IM) for uncleared over-the-counter (OTC) derivatives soon. The preparations for these new rules involve getting a system ready to calculate the Standard Initial Margin Model (SIMM), however, there is more that operations managers need to be prepared for.

Organisations will come into scope for IM over the next two years and firms which still have uncleared OTC derivatives are going to have to deal with this issue.

This white paper examines the need for firms to review their collateral infrastructure. It further defines a list of simplified steps for readying your firm for the implementation of the IM.