Proactive portfolio reconciliation is market best practice and the operational standard for a large subsection of OTC derivatives market participants. Both Dodd-Frank and EMIR acknowledge this best practice by requiring covered institutions to reconcile at specified frequencies and resolve discrepancies within certain time frames.
Join this webinar to learn how the process can reduce Operational Risk and Credit Risk, discover the wider benefits an institution can enjoy and the direct and indirect implications of the regulation that are likely to affect the wider market going forward. Other topics to be discussed include:
Background to portfolio reconciliation industry practice, its growth in the market and the establishment of ISDA best practices.
Why is portfolio reconciliation and dispute reconciliation in the regulation?
What are the regulatory requirements Dodd-Frank and EMIR have put in place?
The lessons learned in establishing a robust Portfolio Reconciliation process in an Energy trading company.
What are the wider operational benefits a firm can enjoy?
Portfolio reconciliation in the post regulatory environment.