London, 4 August 2015 – Europe is facing an unprecedented amount of market infrastructure and regulatory change against a background of continued capital market volatility and ongoing central bank monetary policy implementation. Quantitative easing has meant negative interest rates across the region and has impacted the availability and pricing of collateral, and mandatory clearing for over-the-counter derivatives will compel firms to more actively manage that collateral. How will firms working in an environment dominated by legacy technology and siloed workarounds face these rising collateral management challenges?
This report examines the current challenges firms face in managing collateral in Europe, highlighting areas of particular pain across the enterprise and how firms are tackling these challenges. It is based on Aite Group interviews conducted with leading market participants representing banks, asset managers, corporations, broker-dealers, and pension funds that have knowledge of collateral and liquidity management.
This 32-page Impact Report contains 20 figures. Clients of Aite Group’s Institutional Securities & Investments service can download this report.