uncleared margin rules...mt558, mt569 agreements uncleared otc trades 3 4 1 5 2 a large phase-1...
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Are you ready for Phase 5 of Uncleared Margin Rules?
Introduction Key Takeaways
Subject matter expertiseA global team of consultants experienced in implementing collateral management systems at tier-1 firms.
With a track record of helping firms in phases 1 through 4 of UMR, Wipro offers to be your trusted partner in your UMR compliance journey.
Partners Industry-proven platforms and robust system integration through partnership with industry leaders in SIMM calculation and collateral management.
Global operations Global team of paralegal and operations personnel trained on collateral management, CSA and ISDA documentation.
Wipro helped a Phase-4 firm in the US in segregating initial margin with over 50 counterparties at all 4 TPAs and leading 3PAs.
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company.We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adaptto the digital world and make them successful. A company recognized globally for its comprehensive portfolio
of services, strong commitment to sustainability and good corporate citizenship, we have a dedicated workforce of over 175,000, serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
For more information, please write to us at [email protected]
Wipro Limited Doddakannelli, Sarjapur Road, Bangalore-560 035,India
Tel: +91 (80) 2844 0011 Fax: +91 (80) 2844 0256 wipro.com
IND/TBS/MAY-DEC 2020
1. SIMM calculation through AcadiaSoft or via an in-house build. AANA calculation, threshold monitoring, back-testing, and documentation for regulatory approval.2. Requirements accelerators covering sourcing of IMR, IM / IA offset models, margin workflow and collateral movements
3. Operational support in setting up collateral contracts and SSIs to manage the spike in client onboardings.
4. IM optimization across multiple counterparties, both T0 and time-weighted (MVA)
5. Accelerated connectivity with TPAs and 3PAs using MT527, 558, 569, 54X and 535
Key Benefits
Features
SIMM in a box Avoid sharing trades by implementing an industry-hardened SIMM calculator in-house
Requirements accelerators Cut the time-to-market by 25% and reduce the demand on time on your business stakeholders
Messaging framework Connect rapidly with TPAs, 3PAs and with AcadiaSoft
AgreementManagement
Margin Calculator
ValuationSystems
Data Sourcing
Margin Messaging
Settelement Engine
SIMM Callculation Inventory,Eligibility &Optimization
Margin WorkflowEngine
Reference Data
Wipro IP & accelerators
Partnership
Acadi
3PA
MT54x, MT535
TPA
MT527, MT558, MT569
Agreements
Uncleared OTCTrades
3
4
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A large Phase-1 European bank chose Wipro to assist with their UMR program. Wipro set up a PMO, created a transition roadmap, and built interface with TPAs.