\ For Initial Margin Monitoring
Flexible solutions to calculate and monitor IM exposure
Powered by OSTTRA triCalculate & OSTTRA triResolve Margin
Is your firm in scope for UMR, but not expected to exceed the regulatory threshold for initial margin (IM) exchange until a much later date – if ever? If so, IM monitoring is a simplified option that can help you achieve regulatory compliance.
Regulators provide firms in-scope for UMR with potential relief, which states that firms are not required to complete legal documentation and custodian arrangements until they breach the 50 million threshold with each of their counterparties. Thus firms are required to only monitor IM exposure, potentially opening the door to a lighter path to IM compliance. Active monitoring of your IM exposure versus an internal tolerance amount will help you to identify when, if at all, you need to prioritise CSA documentation and custody account setup.
We understand that there is no ‘one size fits all’ which is why we offer a flexible IM threshold monitoring solution – choose the option that suits your firm’s requirements; easily moving from one method to another as your business needs change.
|Option 1||Option 2||Option 3|
|IM Calculation Method =||IMTM / Internal||triCalculate||triCalculate / IMTM|
|IM Calculation Monitoring Method =||triResolve Margin||triCalculate||triResolve Margin|
|Calculate IM internally||✔|
|Calculate IM via schedule/grid||✔||✔|
|Calculate IM via SIMM||✔||✔|
|Receive CP IM (SIMM/schedule) calculation via IMTM or IMEM||✔||✔|
|Set IM monitoring tolerance||✔||✔|
|Receive notification when IM exceeds tolerance||✔||✔|
Neil Murphy, Business Manager OSTTRA triResolve
Flexible options to calculate, validate and monitor your IM exposure.
Fully Automation Workflow
Our fully automated IM monitoring workflow reduces operational burden and allows you to save valuable resources.
Monitor both your own and counterparty IM exposure.
Everything you need upon threshold breach at no extra cost (automated call exchange, securities collateral pledge/accept).
Fees are charged only in respect of in-scope IM trades and agreements.
All ongoing support, maintenance and upgrades included.
To find out more about our end-to-end post-trade solutions, please share your details with a short message and we will get in touch with you soon.
A member of our team will contact you.