Managing collateral once was a dull middle-office function. That is until the end of 2008 when the financial woes of Bear Stearns, Lehman Brothers and AIG proved just how important having a solid counterparty was-and what would happen if a fund manager didn't protect itself against the disappearance of a counterparty.

And that protection meant having sufficient collateral and the technical means of managing it.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.