SINGAPORE, July 21, 2011 /PRNewswire-Asia/ -- Asian central banks are applying a lot of pressure on local banks and fund managers to demonstrate their long-term liquidity capacity levels. In Asian markets where banks and fund managers often need to manage liquidity when large portions of their local currency balances are held off-shore, complex counterparty risks need to be mitigated efficiently.
Also, the need to comply with Basel III and the new FASB standards means that sophisticated collateral management business practices will become as important for fund managers and banks as managing your banking relationships for balance sheet purposes. Many foreign fund managers and banks doing business in Asia have already moved from unsecured to secured transactions, and are managing their diverse collateral needs centrally and with sophisticated, automated tools in order to optimize the use of collateral.
Key areas traders and banks are now looking closely at include selecting the best methods in securing exposures, complying with client and regulator demands to be fully secured, understanding how collateral can be moved when and where needed on a daily basis as well as managing exposures arising from asset swaps and securities loan transactions.
Knowing what is happening in the market is fundamental, but knowing how other fund managers and bankers are strategically managing collateral to mitigate credit exposures within counterparties can be an added bonus. Collateral Management & Securities Financing Asia 2011 will bring together leading fund managers and bankers in Asia to share the latest trends in the collateral management and securities financing, and how the collateral management strategy can be designed to mitigate counterparty risks and liquidity effectively.
For more information about the conference agenda and how to register, visit www.collateralmanagementasia.com.
Media contact:
International Quality and Productivity Center (IQPC)
Ms. Maria Andersson
Tel: +65-6722-9388
Email: maria.andersson@iqpc.com.sg
