The operational and settlement aspects in the syndication process are far-reaching and have a significant impact on the efficiency of the transaction process. The LMA... Find out more
This video interview, filmed in February 2018, is the ninth in a series of LMA Spotlights on key regulatory and topical issues.
To help drive down settlement times and increase efficiency, the Loan Servicing sub-committee has created an "Escalation Matrix" which can be accessed by contributing institutions .
The purpose of the matrix is to provide institutions with a direct line to a senior member in their trading counterpart, who may be able to progress, or explain, any delay to a transaction where communication between the two parties has broken down or become frustrated.
The LMA, with collaboration from the Market Initiatives sub-committee, has authored an introduction to position reconciliation. The article sets out what position reconciliation technology is and the benefits of adoptions for market practitioners.
On 19 September 2017, a panel of experts came together to discuss the opportunities awaiting the European syndicated loan market should it pull together to improve efficiency measures, chiefly evidenced by settlement statistics.
The LMA, in collaboration with the Market Initiatives sub-committee, has authored the paper Why We Need Identifiers. This seeks to answer key questions surrounding identifiers in the European syndicated loan market, setting out their benefits, as well as barriers to use, and is particularly relevant in light of the ECB's asset report framework 'Anacredit'.