Head of Europe/Portfolio Optimization, Ben Tobin, joins the panel to discuss the impacts of uncompensated margin rules, SA-CCR on the FX trading desk and market structure
Visit booth #5 to see what innovations Capitolis is bringing to the market around UMR and SA-CCR margin reduction as well as Dealer to Client optimization
NEW YORK, September 27, 2022–(BUSINESS WIRE)–Capitolthe technology company that is reinventing the financial markets, will join TradeTech FX, the largest buy-side FX event in Europe. This is the first year that Capitolis will be present on the ground during the event.
Ben Tobin, Capitolis SVP, Head of Europe/Portfolio Optimization, will join a panel of FX industry leaders on Wednesday 9/27 at 12:55 p.m. local time to discuss how the Uncompensated Margin Rules (UMR) and The Standardized Approach to Counterparty Credit Risks (SA-CCR) has impacted the FX trading desk and market structure – and shares predictions on how it might influence other FX products in the future. ‘coming.
“We have been a partner and provider of optimization services for banks, hedge funds and real money managers for the past five years,” said Ben Tobin, Capitolis SVP, Head of Europe/Portfolio Optimization. “We have already helped our clients reduce trillions of notional since the start of 2022, including optimization between banks and their diverse customer base.”
TradeTech FX attendees can visit Booth #5 to discuss the innovations Capitolis is bringing to the market around UMR Margin, SA-CCR and Dealer to Client Optimization; learn more through product demonstrations; and speak to leaders of Capitolis, including Ben Tobin and Evelina Rosensteinon the ground in Amsterdam.
Since the launch of Capitolis’ all-new SA-CCR multilateral optimization service in early 2022, the service has been adopted by 12 of the world’s largest banks and has been hailed as one of the leading sources of capital requirement based on SA-CCR. solutions.
Capitolis is focused for the remainder of the year on integrating a wider range of banks, hedge funds and asset managers into their planned optimization exercises and continuing to extend benefits to the whole network. Advances in algorithms will produce better results for existing and new customers.
Earlier this year, Capitolis was named “Best compression/optimization service for FXat the June 2022 FX Markets e-FX Awards, which aim to recognize companies that have set the bar in e-FX trading with skill, dedication and creativity.
We believe that financial markets can and should work for everyone. Capitolis is the technology company reinventing how capital markets work by releasing capital constraints and enabling greater access to more diverse capital and investment opportunities. Rooted in cutting-edge technology and deep financial expertise, Capitolis delivers breakthrough financial solutions that drive growth for global and regional banks, as well as institutional investors. Capitolis is backed by world-class venture capital firms, including Canapi Ventures, 9Yards Capital, SVB Capital, Andreessen Horowitz (a16z), Index Ventures, Sequoia Capital, Spark Capital and S Capital, as well as leading global banks plan such as JP Morgan, Citi and State Street.
Founded in 2017, our team brings decades of experience launching successful startups, technologies and financial services and is growing rapidly from our offices in New York, London and Tel Aviv. For more information, please visit our website at www.capitolis.com Where follow us on LinkedIn.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220927006034/en/
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