Headstrong Industry Surveys

Collateral Management Across Asset Classes is one of the key focus areas from an industry perspective in 2011. Headstrong and TowerGroup is undertaking this survey to benchmark the existing collateral management process across asset classes (OTC Derivatives, Repurchase Agreements, Securities Lending and Borrowing and Institutional Listed F&O) and offer insight into identifying the industry-wide requirements for a cross asset class collateral management process.

The Survey report demonstrates the rising importance of EDM as an essential component of business operations. More than 75 percent of firms report having data management programs underway, with 52 percent moving towards a global centralized EDM structure. The survey polled a representative sample of more than 60 financial institutions representing a cross-section of the global industry with analysis by Headstrong and the EDM Council.

The survey results indicates that the firms are seeking to lower costs, reduce risks and structure operations and technology to be more flexible and efficient. The survey itself, conducted by TowerGroup, was designed to analyze issues and best practices of 40 asset management firms in improving efficiency, productivity, cost reduction and implementation of flexible IT and operations infrastructure.