ISDA

Three Weeks Until ISDA’s 37th AGM in Chicago – Did You Register?

Retrieved on: 
Tuesday, April 18, 2023

Join the International Swaps and Derivatives Association, Inc. (ISDA) at its 37th Annual General Meeting (AGM) in Chicago from Tuesday May 9 until Thursday May 11, 2023.

Key Points: 
  • Join the International Swaps and Derivatives Association, Inc. (ISDA) at its 37th Annual General Meeting (AGM) in Chicago from Tuesday May 9 until Thursday May 11, 2023.
  • An updated agenda will be available in due course.
  • Journalists are invited to attend all social events, including the pre-conference welcome reception on Tuesday May 9 at 8:00PM.
  • Please note that attendance at the evening events is granted on a strictly off-the-record basis and is for networking purposes only, not for reporting.

BioMech Holdings LLC Appoints Athanassios Diplas to its Board of Directors

Retrieved on: 
Thursday, April 13, 2023

RICHMOND, Va., April 13, 2023 /PRNewswire/ -- BioMech Holdings, LLC , which develops and distributes real-time motion analytics that quantify and improve patient outcomes in the healthcare, sports, wellness, and industrial sectors, is announcing the appointment of Athanassios Diplas, PhD to its board of directors.

Key Points: 
  • RICHMOND, Va., April 13, 2023 /PRNewswire/ -- BioMech Holdings, LLC , which develops and distributes real-time motion analytics that quantify and improve patient outcomes in the healthcare, sports, wellness, and industrial sectors, is announcing the appointment of Athanassios Diplas, PhD to its board of directors.
  • In his capacity, Diplas will act in an advisory role, utilizing vast experience in global finance and science to provide strategic counsel as BioMech expands into diverse markets.
  • "Athanassios compliments BioMech's board by bringing decades of experience in science, and global finance to the table.
  • Athanassios will be instrumental in helping BioMech navigate towards further success," said BioMech Chairman and Founder Dr. Frank Fornari.

ICE Benchmark Administration Provides Update on its Intention to Launch USD SOFR Spread-Adjusted ICE Swap Rate® as a Benchmark

Retrieved on: 
Thursday, April 13, 2023

USD SOFR Spread-Adjusted ICE Swap Rate® settings are currently published in an indicative, ‘beta’ format for testing purposes, and are determined in line with the methodology suggested by the Alternative Reference Rates Committee (ARRC) in its paper “Suggested Fallback Formula for the USD LIBOR ICE Swap Rate” .

Key Points: 
  • USD SOFR Spread-Adjusted ICE Swap Rate® settings are currently published in an indicative, ‘beta’ format for testing purposes, and are determined in line with the methodology suggested by the Alternative Reference Rates Committee (ARRC) in its paper “Suggested Fallback Formula for the USD LIBOR ICE Swap Rate” .
  • As previously announced, IBA will cease the publication of all USD LIBOR ICE Swap Rate settings immediately following publication on June 30, 2023.
  • Following market feedback, IBA is planning to bring forward the launch of USD SOFR Spread-Adjusted ICE Swap Rate settings for use as a benchmark from July 3, 2023, to June 30, 2023.
  • The USD SOFR Spread-Adjusted ICE Swap Rate settings may be used under certain ISDA documentation designed to implement fallbacks for USD LIBOR ICE Swap Rate as suggested by the ARRC paper.

DC Administration Services Accepting Non-dealer Committee Membership Applications for 2023

Retrieved on: 
Monday, March 13, 2023

DC Administration Services, Inc. (DCAS) would like to invite all interested Members of ISDA to apply for a position as a Non-dealer Committee Member of the Determinations Committee for the relevant region.

Key Points: 
  • DC Administration Services, Inc. (DCAS) would like to invite all interested Members of ISDA to apply for a position as a Non-dealer Committee Member of the Determinations Committee for the relevant region.
  • Parties wishing to apply for such a position should carefully review and submit an executed Non-dealer Committee Participation Letter by 5pm (New York time) on Thursday, March 16, 2023.
  • For more information on the process and to download the form of the Non-dealer Committee Participation Letter, please visit https://www.cdsdeterminationscommittees.org/about-dc-committees/constitu... .
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20230313005543/en/

Press Registration Open for ISDA’s 37th Annual General Meeting in Chicago!

Retrieved on: 
Wednesday, February 22, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230222005219/en/
    Additional information on the conference, including an agenda, is available on the ISDA's website .
  • An updated agenda will be available in due course.
  • Journalists are invited to attend all social events, including the pre-conference welcome reception on Tuesday May 9 at 8:00PM.
  • Please note that attendance at the evening events is granted on a strictly off-the-record basis and is for networking purposes only, not for reporting.

Digital Assets Platform FalconX Expands Global Presence to Singapore

Retrieved on: 
Wednesday, February 22, 2023

SAN FRANCISCO, Feb. 22, 2023 /PRNewswire/ -- FalconX, the most reliable digital assets prime brokerage for the world's leading institutions, today announced expansion of its services into Singapore. Matt Long has joined FalconX as General Manager and Ave King as Chief Compliance Officer, both based in Singapore. Alongside these key executive hires, FalconX is also launching its OTC derivatives business in Singapore to service institutional clients across APAC, augmenting its leading position in the United States as the first and only CFTC-registered cryptocurrency swap dealer also registered with the National Futures Association (NFA).

Key Points: 
  • SAN FRANCISCO, Feb. 22, 2023 /PRNewswire/ -- FalconX , the most reliable digital assets prime brokerage for the world's leading institutions, today announced expansion of its services into Singapore.
  • Matt Long has joined FalconX as General Manager and Ave King as Chief Compliance Officer, both based in Singapore.
  • Singapore is an ideal regional hub for the organization as FalconX continues to invest in the future of digitized finance.
  • Immediately prior to joining FalconX, Long was Managing Director and Head of Prime Brokerage and SaaS at institutional digital asset platform OSL.

Dinara Hires General Counsel and Head of Compliance

Retrieved on: 
Wednesday, December 14, 2022

NEW YORK, Dec. 14, 2022 /PRNewswire/ -- Dinara, a startup that is reimagining enterprise financial services for crypto businesses, today announced the recent hires of Yanire Martes as General Counsel and Victor Guerra as Head of Compliance. Both of these leaders have decades of experience in compliance and regulated financial services, reinforcing Dinara's commitment to building and retaining a world-class legal and compliance team that prioritizes transparency, simplicity, and security.

Key Points: 
  • The company's new General Counsel and Head of Compliance will focus on building and maintaining a world-class legal and compliance team focused on crypto security, transparency and client service
    NEW YORK, Dec. 14, 2022 /PRNewswire/ -- Dinara , a startup that is reimagining enterprise financial services for crypto businesses, today announced the recent hires of Yanire Martes as General Counsel and Victor Guerra as Head of Compliance.
  • Guerra will report to Martes, and Martes will report directly to Dinara CEO and co-founder Laurence Latimer.
  • Previously, she was legal counsel at Redd Intelligence and assistant general counsel at International Swaps and Derivatives Association (ISDA).
  • Before joining Dinara, Guerra served as Chief Compliance Officer for PrePaid-USA where he oversaw BSA/AML, OFAC, fraud, and compliance operations, reporting to the board of directors.

ICE Benchmark Administration Launches the ICE Carbon Reference Entity Data Service

Retrieved on: 
Tuesday, December 6, 2022

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) has launched the ICE Carbon Reference Entity Data Service (ICE CRED) to facilitate the management of carbon credits through the trade lifecycle.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) has launched the ICE Carbon Reference Entity Data Service (ICE CRED) to facilitate the management of carbon credits through the trade lifecycle.
  • ICE CRED normalises, standardises, aggregates and supplements carbon credit reference data from global registries and assigns a unique ICE Carbon Credit Reference Identifier (ICE CREF) to carbon credits for each project and vintage, providing a universal reference code to facilitate their use.
  • ICE CRED is designed to help reduce operational risk and cost by giving buyers and sellers of carbon credits the enhanced reference data necessary to manage their carbon credit trading processes.
  • IBA designed ICE CRED to provide carbon credit markets with a reliable and rigorous reference data service that aims to significantly improve the practicalities of analysing, trading, risk-managing and valuing carbon credits.

SOFR Academy Welcomes Completion of PwC Review of Invesco Indexing Alignment With IOSCO Principles for Financial Benchmarks

Retrieved on: 
Tuesday, December 6, 2022

PwC assessed whether Invesco Indexing has implemented policies, processes, and control activities aligned with the IOSCO Principles.

Key Points: 
  • PwC assessed whether Invesco Indexing has implemented policies, processes, and control activities aligned with the IOSCO Principles.
  • Invesco Indexing LLC is an independent index provider owned by global asset management firm Invesco Ltd (NYSE: IVZ).
  • Invesco Indexing was also one of the first third-country benchmark administrators to be approved under the EU Benchmarks Regulation and, since January 2021, the UK Benchmarks Regulation.
  • Invesco Indexing LLC is an indirect, wholly owned subsidiary of Invesco Ltd.
    SOFR Academy supports SOFR, and near risk-free rates.

Finastra onboards Fragmos Chain's blockchain platform for the digitalization of over-the-counter derivatives post-trade

Retrieved on: 
Tuesday, November 22, 2022

LONDON, Nov. 22, 2022 /PRNewswire/ -- Today Finastra announced a collaboration with Fragmos Chain, a blockchain platform which digitalizes interactions between financial institutions, to provide Finastra customers with out-of-the-box integration with Finastra Summit, its over-the-counter (OTC) derivatives market solution. The API-first integration, via FusionFabric.cloud, enables banks globally to digitalize their OTC derivatives products to reduce the costs and risks associated with manual processes.

Key Points: 
  • LONDON, Nov. 22, 2022 /PRNewswire/ --Today Finastra announced a collaboration with Fragmos Chain , a blockchain platform which digitalizes interactions between financial institutions, to provide Finastra customers with out-of-the-box integration with Finastra Summit, its over-the-counter (OTC) derivatives market solution.
  • Daniel Ivanier, CEO at Fragmos Chain said, "Our partnership with Finastra is transforming the way banks interoperate.
  • We are excited to collaborate with Finastra and bring a value-added service to banks using its industry-leading capital markets software."
  • Fragmos Chain is a blockchain platform, hosted in the cloud, which provides next generation post-trade derivatives.