There is one overall raw data table, 17 service category tables and additionally three regional tables, one repo respondent table and one securities lending respondent table.

The tri-party survey is open to all tri-party clients. This year for the first time respondents have the option of ranking tri-party providers for collateral management, in addition to securities lending and repo as in previous years.

Overall table

Respondents are asked to rate their tri-party providers across a number of service categories, on a scale of seven to one, where seven is excellent and one is very poor. Tri-party providers require a minimum of 10 responses to qualify in the overall table.

You must also qualify in a minimum of two regions (see regional tables for criteria). Each respondent’s scores are averaged to give a final respondent score.

If a tri-party provider is rated multiple times by the same respondent firm in the same country the ratings will be averaged and will only count as a single response for the purposes of qualification.

Regional tables

Each of the regions requires a minimum number of responses. The respondent’s location is used when calculating the regional tables. 

• Asia Pacific: minimum of five responses
• Emea: minimum of 10 responses
• Americas: minimum of 10 responses

Overall repo tri-party table: Each repo respondent’s scores are averaged to give a final respondent score. A minimum of five responses is required to qualify.

Overall securities lending tri-party table: Each securities lending respondent’s scores are averaged to give a final respondent score. A minimum of five responses is required to qualify.

Overall collateral management tri-party table: Each collateral management respondent’s scores are averaged to give a final respondent score. A minimum of five responses is required to qualify.

Service category tables

For each provider, all respondent scores in each service category are averaged to give a single score per service category. l Ability to create bespoke schedules

• Ability to manage equities as collateral
• Access to counterparties
• Accuracy of margin calls
• Breadth of market coverage
• Breadth of supported eligibility criteria
• Collateral reuse/rehypothecation
• Dividend collection
• Handling of fails 
• Implementation of collateral sets/schedules
• Level of STP offered
• Quality of client service
• Quality of reporting/client interface l
• Quality of static data
• Substitution capability
• Timeliness of margin cells
• Timeliness of settlement

Click on the links below for tables and analysis:

• Overall and regional tables: http://bit.ly/1oxf2YT
• Service category tables: http://bit.ly/1oxfbeN
• Analysis: http://bit.ly/1jVaXtk