Shanghai Commercial Bank (SHCB), a Hong Kong bank with a presence in the UK, US and mainland China, has adopted Bloomberg’s Multi-Asset Risk System (MARS) collateral management solution to support its preparation for regulatory requirements pertaining to uncleared margin rules (UMR).
SHCB began their search in 2019 for a solution to fully manage their collateral and margin calculation to better comply with upcoming UMR requirements from local and global regulatory regimes. ‘MARS collateral management was the ideal global risk management solution to support our fast-growing global structured products business and Bloomberg’s coverage of multi asset derivatives, including structured products, was key to why we selected them,’ said Edmund Lai (pictured) , chi
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