OpenGamma has won "Best New Product in Collateral Management" in the 2014 FOW International Awards for The OpenGamma Platform for Margining. Organized by Futures & Options World, the FOW International Awards recognize the very best in the global derivatives industry.
The notion of placing clearing houses at the centre of financial markets, as risk concentrators, is untested. What are the risks inherent in this model, what impact is regulation having, and how are margin calculations being handled by clearing members?
Clearinghouses aren’t much different from other large financial organizations, in that they are have siloes of products, each with their own risk management systems. Tying those systems together can present a logistical nightmare.
OpenGamma has made a number of new hires in its London office to support development of its margining platform. Ait Si Brahim joins from European clearinghouse LCH Clearnet, where he served for three years as head of risk technology.
OpenGamma has hired Mohamed Ait Si Brahim as Vice President of Engineering. In this new role, Ait Si Brahim will focus on further improving OpenGamma’s engineering practices, ongoing product development and client project delivery.