Government Pension Fund: Optimizes the collateral management process for OTC derivatives
Government Pension Fund: Optimizes the collateral management process for OTC derivatives
2 PagesAll rights reserved © SkySparc AB INDUSTRY Government Pension Institution SOLUTION: Consulting SkySparc OmniFi SUCCESS STORY | OPERATIONAL EFFICIENCY INCREASED, CREDIT RISK REDUCED | BACKGROUND To fulfil its mandate of managing earnings-related pensions for its member organizations, this pension fund runs an active trading operation, including trading in over-the-counter (OTC) derivatives such as credit default swaps, interest rate swaps and FX options and forwards. Collateral requirements for these bilateral trades have become more onerous since the credit crisis; arrangements with counterparties must be continuously monitored in order to maintain a cost- effective trading operation and minimize credit risk. Because of this, the fund decided to outsource its collateral ma
