July 2015 marked five years since President Obama signed the Dodd-Frank bill into law. We would like to acknowledge the anniversary by taking an objective look into the impacts of the mandate forged in the aftermath of the 2008 financial crisis in an effort to reform the financial services industry. Here, we outline the major objectives of Dodd-Frank and some of its impact to date, as well as highlight how MCG can help your firm fine-tune its strategy to meet regulatory requirements.
Read MoreA Monticello Consulting Case Study for Improving Data Quality, a Regulatory Reporting Mandate
For over three years, Monticello Consulting has been actively engaged in the swaps industry, partnering with our swap dealer clients to remediate data quality issues and to improve the acknowledgement rates for the trades associated with real-time reporting. See how we helped one client build a suite of tactical tools to solve these issues.
Read MoreEMIR Reporting – A Mad Rush to Feb 12 2014
After struggling to navigate Dodd-Frank’s derivatives requirements, global entities were hit by a second wave of regulation with the European Markets and Infrastructure Regulation ("EMIR"). Monticello walks you through the new requirements and how they differ from US law.
Read MoreImplementing Dodd-Frank and EMIR Regulations for OTC Swap Market Participants
Regulatory changes impacting the OTC derivatives markets, as introduced by the Dodd-Frank Wall Street Reform and Consumer Protection Act in the United States and the European Market Infrastructure Regulation (EMIR) in Europe, are reshaping the way dealers and end-users leverage these instruments for risk hedging and trading activities. Take a look at some of the impacts here.
Read MoreSEF Strategy Assessments & Implementation for Swap Dealers
Monticello Consulting conducted a preliminary SEF strategy and impact assessments for a major bank’s credit, rates, foreign exchange, commodities, and equities trading operations. This effort assisted our client in formulating a strategy for adapting existing trading platforms to comply with the new SEF rules for executing swap trades on these new centralized order books.
Read MoreRegulatory Reporting Testing Governance
Monticello’s implementation of a testing governance solution helped our client meet new regulatory reporting requirements on time in the face of short deadlines.
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