Can collateral optimisation work if legal agreement execution remains pedestrian?
By Bimal Umeria, managing partner and Jonathan
Adams, head of collateral at trading consultancy at Delta
Our current slow, fragmented and manual process of changing
legal agreements is increasing risk. Multi-jurisdictional
business growth, product diversity and regulation are making
the process convoluted. Legal agreements, annexes and addenda
require regular review and change; and this is increasing the
administrative and legal burden. Finance is at the forefront of
innovation, but document processing is falling behind, even
despite increased regulatory demands on documentation execution
and change. Manual, slow and fragmented contract maintenance
negatively impacts investment in cross-product collateral
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