The OCC’s ENCORE clearing system, while resilient, is long in the tooth and inflexible. OCC’s Project Renaissance aims to revamp the central counterparty’s data, risk management and clearing systems. The OCC chose Cinnober as a partner for the multi-year project. While that key initiative is something the OCC has planned for years, the SEC’s decision not to renew the clearinghouse's capital plan was a curveball.
In this video from JLN’s Industry Leader Series, OCC CEO John Davidson talks about those two developments.
With everyone looking for the first big financial collapse of the coronavirus market meltdown, all eyes turned to Ronin, a Chicago-based proprietary trading firm,...
The CFTC is mandated to help police the futures arena and its much bigger relative, the swaps market. Collecting and monitoring data on the...
The recent financial crisis has left a challenging investment environment for fund managers. With interest rates hovering at record lows and equities only having...