For a Fortune 100 Financial Services firm, FiRisk Consulting managed the planning and project execution of a project to satisfy Dodd-Frank Title VII non-clearing house swap independent amount collateral compliance.
Our client, as a Major Swap Dealer in the US market, was required by Dodd-Frank regulation to begin collecting collateral on non-clearing house derivative swaps. The project required coordination between front office teams, technology, compliance and modeling teams to ensure the solution met government regulatory requirements while maintaining the company’s ability to remain a cost-effective option in the market.
Provide project management assistance to ensure successful completion of initiatives while maintaining corporate standards for project delivery. Identify and raise risks associated with project execution and help our client achieve a working system that met all business requirements.
FiRisk Consulting provided Program and Project Management services, along with specific regulatory and compliance related expertise, including: