NEW COMPETITION
52
“Generally a lot of buy-siders
keep their whole book with their
prime brokers – where we win
business is where the client can
allocate it piecemeal.”
Russell Levens, CEO, GH Financials
62
“Reg Tech is employing new
technologies to improve the process
of delivering transaction reports.”
Ben Pott, group head of government affairs,
ICAP
32
“Giving capital savings through
a simple implementation route
will be the key to our success.”
Andrew Ross, CEO, CurveGlobal
50
“We do a lot of execution for
clients, which is the first step to
earn their clearing business.”
Matthew Rees,
chief customer officer, RJ O’Brien
EXPANDING ACCESS
57
“Pension funds want to
maximise their access to
the repo market, but the
problem is that there is
no guarantee on the other
side to provide the cash.”
Vanaja Indra, market and regulatory reform director,
Insight Investment
43
“I am still optimistic there
is going to be more scope
for the buy-side to be
direct clearing members.”
Christian Lee, head of risk and
clearing desk, Catalyst
43
“Some of the big pension
funds have realised they
won’t get their business
cleared without going
direct.”
Barry Hadingham, head of
derivatives and counterparty
risk, Aviva Investors
…CLEARING TROUBLES
51
“The biggest challenge
that non-banks face in
this effort is their lack of
leverage.”
Virginie O’Shea, Aite Group
55
“Schemes need to work
out what are the costs to
entering hedges on a
cleared basis.”
Sebastian Reger, partner,
Sackers & Partners
