Final Preparation for Central Clearing
London, 24th – 25th February 2016

Mandatory clearing is set for June 2016 to cover interest rate swap OTC derivatives. With many institutions worried about a 'bottleneck scenario' for central clearing houses, this course will operate as a last minute checklist for those in the process of implementing central clearing systems. It will also offer alternatives to those unable to implement clearing processes in time. Attendees will be provided with practical and theoretical guidance from industry experts and specialists to ensure ones absolute readiness for the looming deadline. 

The course will be taught by a range of industry experts including;

  • Anne-Laure Condat, Technical Specialist, Financial Conduct Authority
  • Andrew Green, Head of CVA / FVA Quantitative Research, Lloyds Banking Group
  • Giuseppe Insalaco, Senior Adviser, Central Bank of Ireland
  • John Lund, Derivatives and collateral management specialist
  • Lucy Hammond, Director CCP Risk, HSBC
  • Matteo Bertotti, Head of interest rate derivatives, MPS Capital Services
  • Ian Morris, Derivatives Clearing Product Development , Commerzbank AG
  • Ulrich Karl, Director FMI, Financial institutions group
  • Tariq Rasheed, Partner, Berwin Leighton Paisner LLP


Course Highlights:

  • Carefully chosen experts and practitioners make up a multi speaker format
  • Insights from regulators on latest central clearing issues
  • Learn methods for managing risk and collateral as well as tools for organising the costs and capital requirements of central clearing
  • Understand central clearing at the core and how it will affect your daily operations
  • Review of everything you will need to be an effective clearing member
  • Discussion on a range of alternatives to central clearing and how to go about them

Who Should Attend:

  • Traders
  • Risk Managers
  • Derivative Operations
  • Collateral Managers
  • Heads of Fixed Income/Compliance
  • OTC clearing
  • Credit Risk Managers, 
          Analysts and Consultants
  • Investment Operations/Analyst
  • Treasury
  • Clearing Product Manager
  • Hedge Fund Manager
  • Internal Auditor


Learning outcomes

  • The requirements and expectations from regulators in this area
  • How CCP’s operate and how risks are managed on a daily basis 
  • Organising costs (and their calculations) related to clearing
  • Impacts of capital requirements within different models 
  • Process for effective collateral management including constraints of the new environment
  • Legal relationships and documentation involved in clearing
  • Alternatives to the clearing process
  • Clearing margins and different methodolgies
  • The finer points of indirect clearing
  • What happens in the event of a default, scenarios and default waterfalls
The Risk Community
2016 Q1 Calendar
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