John Pucciarelli sits down with ISDA CEO Scott O’Malia for an in-depth discussion on the evolving landscape of the derivatives markets. Scott outlines the impact of recent geopolitical developments and explains how derivatives play a critical role in managing market risk. We also explore key regulatory shifts under the Trump administration, including changes in leadership at U.S. regulatory agencies. The conversation covers the semi-annual recalibration of the Standard Initial Margin Model (SIMM), the industry's preparedness, and the future of treasury clearing. Additional topics include capital requirements, the implications of the Basel III endgame in the U.S., and its broader effects on the global financial system—and more.

This episode dives into the evolving regulatory and modelling landscape in the UK for traded risk. Scott Sobolewski speaks with Xabier Anduagaand Joey O’Brien about trends in counterparty credit risk, model validation and the growing adoption of the Open Source Risk Engine (ORE). They discuss how firms are replacing legacy vendor models with ORE to gain transparency, reduce costs, and improve governance. The team also introduces the Risk Analytics Lab - a hosted ORE environment designed to accelerate adoption and support benchmarking, stress testing, and validation use cases. A must-listen for anyone navigating today’s risk and regulatory demands.

In this compelling episode of Ahead of the Curve, Roland Stamm is joined by Maeve Gear from FMS-SG to explore the intricate world of winding down complex financial portfolios in the wake of the global financial crisis. Together, they reflect on their shared history at Depfa Bank, the impact of the Lehman collapse, and the regulatory shifts that followed—including the rise of central clearing and the introduction of the Uncleared Margin Rules (UMR).

The conversation dives deep into the challenges of managing long-dated, illiquid, and structured trades, and how FMS-SG leverages the Open Source Risk Engine (ORE) to meet valuation, risk, and collateral management demands. Maeve shares insights into the technical and modelling hurdles her team faces, and how ORE’s transparency, flexibility, and cost-efficiency have empowered them to streamline operations and maintain high standards.

Whether you're a risk professional, quant, or simply curious about how open-source tools are transforming financial infrastructure, this episode offers a rare behind-the-scenes look at innovation in action.