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	<title>SunGard Transparency, Efficiency and Networks (TEN) - Capitalize on Change &#187; Central clearing of complex OTC derivatives: Trying to put a square peg in a round hole</title>
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	<link>http://blogs.sungard.com/ten</link>
	<description>Transparency, Efficiency and Networks Reshaping Financial Services in 2011</description>
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		<title>Central clearing of complex OTC derivatives: Trying to put a square peg in a round hole</title>
		<link>http://blogs.sungard.com/ten/transparency/central-clearing-of-complex-otc-derivatives-trying-to-put-a-square-peg-in-a-round-hole/</link>
		<comments>http://blogs.sungard.com/ten/transparency/central-clearing-of-complex-otc-derivatives-trying-to-put-a-square-peg-in-a-round-hole/#comments</comments>
		<pubDate>Fri, 18 May 2012 14:39:33 +0000</pubDate>
		<dc:creator>Gavin Lee - Gavin Lee, chief operating officer, FastVal, SunGard’s asset management business</dc:creator>
		<dc:contributor>glee</dc:contributor>				<category><![CDATA[Institutional Asset Management]]></category>
		<category><![CDATA[Transparency]]></category>
		<category><![CDATA[Basel III]]></category>
		<category><![CDATA[central clearing]]></category>
		<category><![CDATA[complex derivatives]]></category>
		<category><![CDATA[OTC derivatives]]></category>
		<category><![CDATA[trade repositories]]></category>
		<category><![CDATA[valuation]]></category>

		<guid isPermaLink="false">http://blogs.sungard.com/ten/?p=2518</guid>
		<description><![CDATA[The concept of centrally clearing all OTC derivatives - both standardized and complex derivatives - is flawed. The current regulatory expectation for institutional investors is to go through a central clearing party for an expanded range of products. Compounding this requirement is that derivatives will need to be reported through trade repositories. This means that derivative products have to be cleared through a central counterparty, but not every derivative instrument fits this model.]]></description>
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