SunGard/PRMIA Survey Finds a Quarter of Firms Exiting Businesses Due to Capital Requirements
- Published on Tuesday, October 09, 2012
- Written by Web Editor
Financial institutions around the world are feeling the impact of increased capital requirements on certain business lines, with 25 percent exiting these businesses, according to the fourth annual survey by the Professional Risk Managers’ Association (PRMIA), which was co-sponsored by SunGard.
According to survey respondents, the introduction of central clearing is expected to result in lower margins, increased collateral requirements and a general increase in the cost of doing business in areas such as OTC derivatives.
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