This paper outlines the background need for OTC derivatives and the objective for CCP clearing. It then takes a look at the type of CCP models that are evolving in the market.

A key focus of the paper is to explain at a more granular level, the impact that the OTC derivatives clearing will have on market participants and the changes and enhancements they will need to make to internal processes in order to serve themselves and their clients efficiently.» Download the document now 1.6 mb (PDF File)