It is vital that firms utilise currently available tools to mitigate the impact of CSDR on legacy upgrades and technology solutions, according to Robert Frost and James Bell of Pirum.
Significant progress has been made to implement the framework for margin requirements for non-centrally-cleared derivatives, according to the Basel Committee on Banking Supervision and the International Organization of Íø±¬³Ô¹Ï Commissions
Commerzbank and Deutsche Börse have used distributed ledger technology to execute a legally binding settlement of a repo transaction for the first time
