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US collateral management roundtable

02 May 2012


An expert panel discuss managing enterprise-wide risk, regulatory change, central counterparties, collateral optimisation and providing transparency

Read more: US collateral management roundtable

Participants:

Chair: Annabelle Palmer, Global Investor/ISF
Pat Avitabile, global head of equity trading, Citi securities finance global transaction services
Jim Malgieri, head of global collateral management & clearance services, BNY Mellon broker-dealer services
Kathleen Leonard, senior vice president, SunGard securities finance
Ugyen Sass, vice president of prime services, Fidelity Capital Markets
Joe Pellegrini, vice president of business development, OCC
Rory Zirpolo, director of securities lending, Kellner Capital
Greg DePetris, co-founder, Quadriserv

Chair: Is risk management the priority in securities finance and collateral management? And is the focus enterprise-wide?

Pat Avitabile, Citi: It is a priority, especially to mitigate both counterparty and collateral risk. Clients are looking at their collateral needs holistically across market sectors and products and some clients are putting their collateral into an in-house fund, combining it with collateral from other products.

Jim Malgieri, BNY Mellon: We have a number of programmes underway with both buy- and sell-side firms. Many of the buy-side institutions are...