A Practical Guide to Collateral Management in the OTC Derivatives Market

by Lombard Risk Management

Overview

This is the first book of its kind on the market and is aimed at collateral management professionals in the OTC derivatives markets. It is a guide to the key topics involved in establishing and running a collateral management function and is clear, comprehensive and practical. A Practical Guide to Collateral Management in the OTC Derivatives Market will also be of value to those professionals working in product areas applying collateral management techniques including repo, securities lending and exchange traded products.

Product Details

ISBN-13:	9781403912039
Publisher:	Palgrave Macmillan UK
Publication date:	06/17/2003
Series:	Finance and Capital Markets Series
Edition description:	2003
Pages:	146
Product dimensions:	5.98(w) x 9.02(h) x 0.02(d)

About the Author

Written and edited by the collateral management experts at Lombard

Risk Management.

Lombard Risk Management is an established provider of financial trading

and risk management software and leading market data services. Since its inception in 1988, it has done business with 60 of the top 100 banks worldwide. Our software products include Oberon and Firmament. Oberon is an established trading and risk management system for the major interest rate, fixed income, FX and money market products, and associated hedges. Firmament is a suite of next generation trading, risk management and

analysis applications designed to support the credit markets. Firmament

applications include Firmament Collateral, the web based collateral

management application.

Lombard Risk also provide data on a daily basis for credit derivatives

and other OTC derivative products through ValuSpread, a set of market leading price verification services currently including:

ValuSpread Credit, ValuSpread Credit Data and ValuSpread Credit

Historic Data.

Table of Contents

Introduction Collateral - Theory and Practicalities of Credit Risk Mitigation Techniques in the OTC Derivatives Market Collateralising Repo and Securities Lending Transactions Implementing a Collateral Management Programme Use of Technology in the Collateral Management Area Legal Issues Surrounding Collateralisation Legal Documentation for Collateral Netting and Collateral Incorporation of Collateral into Credit Exposure Calculations Capital Adequacy The Impact of Collateral on Corporate Liquidity Collateral Risk Management Accounting and Tax Glossary