Clearing the Final UMR Hurdles – Custodians and Sell-Side Provided Solutions - Baton Systems
Overview
Although the next wave of entrants impacted by the Uncleared Margin Rules (UMR) were granted a bit more breathing space to prepare, the challenges of implementing collateral management solutions should not be underestimated. Custodians, vendors and sell-side firms are rolling out solutions to help ease the pain.…
JP Morgan, on the other hand, has recently joined forces with Baton Systems to develop a Distributed Ledger Technology (DLT) – based platform that helps automate derivatives margin payments…