Publications

Alex Knight talks with Colin Lambert about managing payment risk across multiple business lines with low code, configurable rules, the benefits of using time-stamped data and analytics to better understand liquidity drivers on an intraday basis and how banks can overcome operational constraints and use payment splitting combined with instant PvP settlement to better manage funding requirements throughout the business day.

As T+1 looms ever nearer, Alex Knight, head of EMEA at Baton Systems, delves into the effect of the shift on FX swaps, highlighting the opportunities they hold for market participants, as well as further establishing the importance of more sophisticated settlement technology.

Baton’s Head of Global Sales and EMEA at Baton Systems, Alex Knight, explains DLT can be used to help firms achieve the necessary settlement timeframes without introducing additional risk with “Proven solutions (that) allow a full PvP settlement process, with netting, to be completed on demand and within minutes, enabling the settling parties to benefit from the instantaneous exchange of ownership, including for same-day settlement.” via The Full FX.

Baton’s Head of Global Sales and EMEA at Baton Systems, Alex Knight, discusses how firms can better manage ballooning derivatives margin costs via Alex Pugh via The DESK.

Margin costs for US treasury future positions has jumped significantly since November 2020, which could be problematic for hedge funds looking to benefit from differences between the derivatives contracts and cash equivalents according to specialist data analytics firm OpenGamma.

Baton’s Head of Global Sales and EMEA at Baton Systems, Alex Knight, discusses the move to accelerated settlement with Anna Reitman, explaining how firms can use technology to overcome T+1 FX settlement challenges so they can benefit from good liquidity and “still net and safely settle quickly and efficiently” via Finadium.

Baton’s CEO, Arjun Jayaram discusses the changing cross-border payments & collateral management landscape with FinanceFeeds, Nikolai Isayev – how banks can now gain real-time visibility into their funding resources & obligations to optimise #liquidity processes, the power of DLT & the FX settlement impact of T+1.

Alistair Griffiths, Director of EMEA Sales at Baton Systems, provides valuable insights into the challenges that firms encounter when attempting to automate traditionally manual processes in collateral management operations. The article delves into three key areas of collateral management processing that can significantly enhance cost savings and efficiencies: gaining visibility on transaction status, managing inventory, and improving data aggregation. This article emphasises how addressing these areas can justify and optimise technological investments in collateral management.

The Bank for International Settlements (BIS) analysis of the foreign exchange swaps market, with a focus on CLS currencies, has been widely welcomed in the industry. As of mid-last year, outstanding FX swaps and forwards eligible for CLS settlement totaled $25 trillion, with FX swaps representing over 80% of the market. The report offers a detailed academic assessment of the crucial role played by FX swaps in the daily FX landscape.