Thomas Murray CCP Risk Ratings

Thomas Murray on the back of industry demand from GCMs, investment banks, global custodians and other interested parties has rolled out a programme to assess CCPs. This service mirrors its existing CSD Risk Ratings and Capital Market Infrastructure Risk Ratings activities (operational for over 10 years).

The CCP Risk Ratings service is a global program that defines key risks and related criteria against which each CCP is assessed. The output provides participants with a risk assessment, supporting validated data and on-going surveillance as to a CCPs effectiveness in eliminating risks associated with transactions processed by it.

The objective of the service is to bring transparency to the industry for the benefit of participants and offer cost savings to groups required to perform due diligence and risk assessments on CCPs that they use. This has becomes increasingly critical as the industry is mandated to use CCPs when transacting in cash, exchanged traded and OTC derivative products.

For further information please contact:
Derek Duggan, Director
dduggan@thomasmurray.com

  

News Monitoring Flashes

Date Newsflash
20th Dec 2011 Amendments to ASX Clear minimum core capital requirements
19th Dec 2011 Markit and Euroclear Bank
19th Dec 2011 Second Custodian Forum in 2011
13th Dec 2011 PSE signed Memorandum of Understanding
12th Dec 2011 DTCC Files with SEC to Operate a CCP
7th Dec 2011 DTCC Launches Global OTC Interest Rate
1st Nov 2011 DTCC Applies To Register Swap Data
25th Oct 2011 Over-the-Counter Derivatives Market