Voluntary clearing: the unsung cost saver for pension funds
Since the financial crisis, almost every facet of the derivatives world has been scrutinized and subjected to new rules by global regulatory authorities. This has pushed many financial institutions to overhaul their internal processes, creating ways to efficiently and cost-effectively accommodate this new environment.
The journey towards an IBOR
In my latest contribution to the SimCorp Journal, I profiled one of three firms I worked closely with to optimize their investment operations for a high-yield (leveraged loan) strategy. The article highlighted the critical importance of an IBOR-centric operation in preserving and expressing the alpha inherent in that firms’ strategy.