Sapient Global Markets, part of Sapient (NASDAQ: SAPE) will be at the International Swaps and Derivatives Association (ISDA ) Annual General Meeting 2012 in Chicago, Illinois from April 30 through May 2, 2012. At the event, the company will discuss how market participants are reacting to the upcoming Swap Data Repository (SDR) reporting deadlines, some of the first and most significant rules contained within Title VII of the Dodd-Frank Act.
Ryan Baccus, vice president at Sapient Global Markets, will be available to talk about the challenges and best practices for obtaining day-one compliance, particularly for the real-time reporting obligations of key economic terms (Parts 43 and 45 of CFTC rules). With a number of provisions within the rules still undecided, he will highlight how firms can implement best practices for balancing the risk of creating redundant systems and processes with potential implications of non-compliance. He will also examine topics such as pre-reporting workflow, integrating unique identifiers, testing regimes and the application of controls and reconciliations.
Through its work with market participants, regulators and intermediaries, Sapient Global Markets offers a unique perspective into the mechanics of the changing regulatory landscape.
The three-day ISDA AGM conference will address the changing market landscape reflecting ISDA’s three key areas — reducing counterparty risk, increasing transparency and improving the industry’s operational infrastructure.