Column

February 20th, 2012	Competition Full Speed Ahead with MiFIR The European regulators and US have different stances when it comes to establishing rules to derivatives market competition. Simmy Grewal, an Aite Group senior analyst, explains how MiFIR's proposed rules could create greater competition in derivatives trading in Europe if the proposed rules are adopted.
January 15th, 2012	Improving Capital Efficiency: Failure is not an Option Major regulatory changes, evolving market structure and funding challenges are making capital efficiency more imperative. Against this backdrop, the economics of derivatives and cash activities are being reshaped. OpenLink's Mark Abrams explains how a holistic approach to risk management — especially in regard to counterparty risk and collateral management — can play a pivotal role in improving your firm’s efficiency and maintaining its competitiveness.
December 13th, 2011	Clearing House Fragmentation; the Cost and Volume Explosion BISS Research’s Gary Wright explains why the fragmentation of the CCP landscape in Europe, which is further complicated by the push for OTC derivatives onto exchanges, will cost the market more and introduce more operational burdens all while not reducing the risks expected.

Q & A

February 6th, 2012	Swap Dealers – Tackling Tasks to Comply with Dodd-Frank US financial reform legislation transforms the swap market from an unregulated to a highly regulated market. Davis Polk & Wardwell estimates that swap dealers will have to manage over 1900 operational tasks to comply with new rules issued by federal regulators.
January 2nd, 2012	Year in Preview: ISDA's Operational Priorities & Projects for 2012 ISDA's Julian Day, Head of Market Infrastructure, discusses the top operational priorities for 2012 and explains how ISDA aims to help market participants address concerns regarding central clearing of OTC derivatives, implement the new standardised CSAs and the 2011 equity derivatives definitions. Q. What will be the main focus for ISDA in 2012 from an operational point of view?
November 2nd, 2011	Investing in Operations to Satisfy Regulatory Requirements & Investor Demands for Transparency Buy-side institutions are feeling the strain of new regulatory compliance requirements and increased demands from investors for transparency. In a Q&A, Misys' Jean-Baptiste Gaudemet explains how hedge funds and asset managers are improving risk mitigation, collateral management and reporting processes to satisfy the expectations of both regulators and clients. Q. How are buy-side firms improving trading processes to meet new compliance requirements including AIFM, UCITS and Dodd-Frank?

January 23rd, 2012	The Interconnectivity of Regulation & the Risk, Cost & Operational Impact on Asset Managers Natalie Westerbarkey, Director, Client Executive at Citigroup Securities and Fund Services discusses how through understanding the new regulatory landscape and intersection (or interaction) of rules, asset managers can better assess the impact these new rules will have on their costs, risk management and operations
November 25th, 2011	OTC Derivatives Documentation: the Need for Standardization In a DerivSource Spotlight article, Sapient Global Markets* explores some of the key impacts regulatory reforms will have on the documentation of OTC derivatives.*
October 25th, 2011	Apportunity? An App Marketplace for Trading OTC Derivatives A new app marketplace for OTC derivatives that is low cost and regulatory compliant is nearly at hand, but are financial institutions and derivatives users ready for this innovative concept? DerivSource's Julia Schieffer talks to DerivaTrust founders and market participants about this new ‘app swarm’ for trading OTC derivatives.