Event: Impact of CCP Risk and Initial Margin on Counterparty Risk Management

News item -

3rd Annual Impact of CCP Risk and Initial Margin on Counterparty Risk Management

The counterparty risk management landscape has changed drastically over the last few years by the enforcement of central clearing and new initial margin rules. Whether trades are centrally cleared or bilateral, there are new considerations that were not issues a few years ago, and CCR methodologies need to change as a result of this.

In order to manage initial margin applied to a cleared and non-cleared trade, banks have to go beyond the modeling, and venture into the space of portfolio risk and optimisation challenges. That is not to say the modeling of initial margin is done, it is in fact far from that, as banks still struggle to replicate the models of their clearer. After that comes the challenge of knowing what the costs attached to a clear and uncleared trade is and having capability to post this cost into a trade. Such decisions are being made with the backdrop of Brexit, which is adding another layer of complexity, completely changing clearing trends and activity.

This marcus evans conference will show banks how to develop a counterparty risk methodology which minimises the implications of CCP default and bilateral initial margin through strategic risk management. The conference will look at the margin and capital costs of CCPs and IM and what clearing activities will look like following Brexit.

We participate in panel on Friday 24 May

Our Head of OTC Clearing, Alexander Jacobs, will participate in the following panel:

Clearing trends in the post-Brexit market (15.45)
  • Is Frankfurt the new hub of clearing activity?
  • Importance of moving all EU CCP transactions in Euros to German and continental platforms
  • How EU banks should look to keep access with London based activities

Event details

22-25 May
08:30 - 16:30
London Marriott Hotel Canary Wharf, UK 
22 Hertsmere Road, Canary Wharf 
E14 4ED, UK


Agenda​ (PDF 186 KB)
Event website