Margin Call Management demo

What the demo shows

Calculates, issues, answers and disputes daily margin calls under each CSA for collateral teams

Seven agents run the margin day. The Agreement agent reads every CSA and local-law annex into Paragraph 13 terms cited to the page and flags where the collateral system differs from the signed document. The Calc agent computes exposure, initial margin and every call from those signed terms; the Issuer agent sends our calls, reads dealers' calls from any channel and language and agrees those inside tolerance. Above tolerance, the Dispute agent reconciles both portfolios, prices each driver, cites the clause and drafts the notice. The Collateral agent proposes the cheapest eligible asset and recalls excess; the Checker agent, on a separate model, re-performs every number and stops a call it disagrees with; the Settlement agent instructs movements against verified SSIs and tracks interest on cash. The analyst agrees, the collateral manager approves disputes above $1M, and treasury releases every movement; nobody releases what they agreed.

Transcript

1. 0:00Margin Call Management calculates, issues, answers and disputes margin calls for collateral teams.
2. 0:09In 2022, 775 more firms came under initial margin rules.
3. 0:17At Quill Field, each of today's 712 calls is a bar, ours, theirs and the gap.
4. 0:26Brynmore calls for $14.2 million.
5. 0:29Our Calc agent says $9.6 million.
6. 0:33The Dispute agent finds $3 million.
7. 0:35missing swaps, a stale curve and rounding.
8. 0:40Each is cited to the trades and to paragraph 13 of the signed CSA.
9. 0:47The collateral agent proposes treasuries.
10. 0:50The checker agent re-performs every number.
11. 0:55Above one million, Ruth Okafor decides.
12. 0:59Agree 9.6. Dispute the rest.
13. 1:03Treasury releases at 11.15.
14. 1:06Nobody releases what they agreed.
15. 1:10Every call, clause, and approval, cited, signed, and logged.
16. 1:17The result, 9 and 10 calls untouched.
17. 1:20Every dispute explained the same morning.
18. 1:25Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.