Collateral optimisation benefits the big

摘要

Market participants expecting to glean material cost-savings in the over-the-counter swaps market through collateral ptimisation strategies may want to think again, according to a report from Deloitte. Only the largest swaps users capable of making significant investment in IT systems and navigating the changing cost of collateral that will occur with the eventual rise in rates should dive into building internal optimisation capabilities, the report said. "Given the ever-changing business and regulatory landscape, few IT departments can walk in lock-step with the business," wrote Sriram Gopalakrishnan, author of the report.