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?
15th Annual 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.
Sales and Marketing in Insurance
Currently, insurers must compete not only among themselves, but also with insurtech startups and disruptors. This event focuses on the latest trends in channel management, digitization, customer-centric strategies, digital customer journeys as well as product innovation.
Insurance Innovations 2017 - Post Show Report
Insurance Innovations 2017 took place on 13 March 2017 Nassima Royal Hotel, Dubai
Why Should We Invest in AI?
When surveyed whether chatbots should tolerate abuse or bad language a surprising 34% said no. Chatbots can't get hurt ‘feelings’, so why should a financial institution care about the tone used with their chatbots?
8th Annual World Islamic Retail Banking Conference - Post Show Report
8th Annual World Islamic Retail Banking Conference, 28 - 29 November 2016 | Dusit Thani Hotel, Dubai, U.A.E