This event brings together distinguished personnel from banks, government bodies and technology companies to discuss and address crucial issues on how to seize new opportunities in retail banking and wealth management while making it beneficial for all stakeholders.
BNY Mellon's MD Interviewed – collateral management outsourcing and tri-party agreements
In preparation for the 10th Annual Collateral Management Forum in Amsterdam, we asked Mark Higgins, Managing Director and Business Development Director at BNY Mellon, to share his thoughts on tri-party agreements in collateral management and the current market situations. Mark will be one of our esteemed speakers in Amsterdam. You can read his answers below.
Managing Director, Business Development Director
BNY Mellon Collateral Management & Segregation
1. How much has the position of tri-party agents in the European market changed recently? What do you consider the reason for this change (or lack thereof)?
The use of Triparty agents to control the collateral management process has certainly been on the up over recent years. This is certainly a result of the changes and growth in the secured finance market, where many firms have elected to move away from the use of Cash collateral and take a wider range of non-cash assets. As the collateral range has expanded, many have taken the chance to move on from a bilateral approach to margin management and use Triparty agents to control the collateral selection and allocation.
2. How significantly can the new margin requirements impact tri-party agreements?
10th Annual Collateral Management Forum will be held on October 20-21, 2016 in Amsterdam, Netherlands. Click on the link below to know more:
Interested in this topic?
Credit Risk Management Forum
Credit risk management is still a big issue, IFRS 9 is going to be implemented, the digital era and big data is already influencing the banking sector and credit risk management as well. How can banks deal with all these issues?
Retail Banking Forum
As the region's favorite conference, the Retail Banking Forum is the industry's meeting place, where seasoned banking professionals combine C-level insights on successful retail banking strategies and hands-on case studies, transforming the current financial ecosystem.
Collateral Management Forum
The most established Collateral Management Forum in Europe is approaching its 11th Annual. 2017 is turning out to be filled with questions on initial margin and variation margin deadlines, MiFID II, Brexit, digitalization in collateral management and more, which will be answered at this forum.
Are we prepared for the next crisis?
Even though banks are better prepared for a new potential crisis, there are still possible risks to account for. Get insight from our speaker Peter Magala, CRO at VUB Bank, on the most prominent problems the industry is facing.
Shared Services case study by Roche
While industry strives for making various processes automatic, there will still be work that needs to be done by human beings. Read the insights on the topic from Imre Zsoldos, Finance and Accounting Director at Roche bellow and come hear more at the 8th Annual Shared Services Forum.
Shared Services Thriving in CEE region
Shared Services are on the rise and Central East Europe is a very popular region to establish one. How popular? Find out in our infographic below: