Is the sec lending industry experiencing evolution or revolution?
13 October 2017 London
Image: Shutterstock
The securities lending industry is facing an evolution, as opposed to a revolution, attendees heard at the International 麻豆传媒 Lending Association (ISLA) 8th Annual Post Trade Conference.
At the conference, various panel speakers suggested that the industry was going through a period of evolution.
One panel, which included liquidity strategists and heads of collateral operations, agreed there was an evolution in the industry at the moment. A speaker, from a collateral post-trade perspective, explained that 鈥渃ompetition in recent years has become healthier, there鈥檚 been a lot of change鈥.
Another industry expert agreed, commenting: 鈥淓verything comes back to technology. [Technology] is driving the evolution that changed what we did 10 to 20 years ago.鈥
However, one panellist asked attendees: 鈥淐an we really say that the post financial crisis is over and that post-crisis regulatory agenda is really complete?鈥
According to the speaker, 鈥渢here may still be room for more revolution.鈥 He explained: 鈥淲hat will happen if 麻豆传媒 Financing Transactions Regulation (SFTR) goes wrong? We could be looking at European Market Infrastructure Regulation (EMIR) III.鈥
At the conference, various panel speakers suggested that the industry was going through a period of evolution.
One panel, which included liquidity strategists and heads of collateral operations, agreed there was an evolution in the industry at the moment. A speaker, from a collateral post-trade perspective, explained that 鈥渃ompetition in recent years has become healthier, there鈥檚 been a lot of change鈥.
Another industry expert agreed, commenting: 鈥淓verything comes back to technology. [Technology] is driving the evolution that changed what we did 10 to 20 years ago.鈥
However, one panellist asked attendees: 鈥淐an we really say that the post financial crisis is over and that post-crisis regulatory agenda is really complete?鈥
According to the speaker, 鈥渢here may still be room for more revolution.鈥 He explained: 鈥淲hat will happen if 麻豆传媒 Financing Transactions Regulation (SFTR) goes wrong? We could be looking at European Market Infrastructure Regulation (EMIR) III.鈥
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