Is your institution going to be part of the final two phase-ins of initial margin (IM) rules for non-cleared derivatives?

If so, one of the first decisions that will have to be made is exactly to how calculate IM and exchange it with counterparties. But what you need to know is that the successful implementation of initial margin requirements will require extensive operational and technological overhauls.

Read this paper to become aware of the significant challenges OTC derivatives market participants will face including:

  • The technical and functional requirements of ISDA SIMMTM
  • The extensive demand on internal and external market resources
  • The need for unified organization-wide preparation
  • The development and testing of new processes
  • Attaining model approval by regulators

 

Author Biography

Dennis Sadak, Senior Vice President, Product Management, Numerix
Mr. Sadak is Senior Vice President of Product Management for Numerix and overseeing risk analytics, including stress testing, VaR, and market risk. Prior to Numerix, he held several positions at MetLife, where he implemented numerous derivatives overlay strategies for their General Account portfolio and built out pricing and risk analytics for active derivatives hedging of their variable annuity program. Mr. Sadak earned a dual degree in Mathematics and Finance from Rutgers University and is a CFA charter holder.

Download Paper

Complete the form below to download this complimentary paper.

Select Form: 

Form #5: Research

Keep me informed of future research from Numerix:

Sign me up to receive "Thinking Derivatively" monthly newsletter by Numerix:

* Required fields
newsletter issue - Sep 15, 2021

Thinking Derivatively – September 2021 Newsletter

on-demand webinar

On-Demand Webinar | Advances in Counterparty Credit Risk Modelling in Energy Markets

product

CrossAsset - Leading the Industry in Advanced Models and Methods

newsletter issue - Aug 11, 2021

Thinking Derivatively – Aug 2021 Newsletter

case study

CASE STUDY: OCBC Bank, Singapore

newsletter issue - Jul 14, 2021

Thinking Derivatively – July 2021 Newsletter

in the news - Jun 30, 2021

Numerix - Best Analytics Solution – WatersTechnology Asia Awards 2021

in the news - Jun 21, 2021

Numerix - Best Sell-Side Analytics Product - Sell Side Technology Awards 2021

white paper

White paper | Real-Time Risk Management in Practice: The Experts’ Views

analyst report

LIBOR Risk Q2 2021 | Libor Transition Nears Its End – Five Topics You Need to Know

on-demand webinar - Jun 30, 2021

Numerix On-Demand Webinar | Modelling Energy Curves for XVA

newsletter issue - Jun 9, 2021

Thinking Derivatively – June 2021 Newsletter