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CONSULTING SERVICES
Institutional‑grade margin and financing frameworks.
Margin, Financing & Securities Finance
Risk methods, capital impacts, governance, and liquidation controls for margin, short selling, and portfolio margin.
OVERVIEW
SEDA's Margin, Financing & Securities Finance practice advises on the design, review, and governance of margin methodologies, securities lending programs, repo frameworks, and portfolio financing structures.
We support clients through regulatory change, internal risk reviews, and dispute resolution — bringing practitioners who have managed prime brokerage desks, securities finance businesses, and margin risk functions at global institutions.
Engagements span margin methodology design through to liquidation procedure review, capital treatment analysis, and regulatory examination support.
WHAT WE DELIVER
Margin methodology design and validation
Portfolio margin framework review and benchmarking
Securities lending program governance
Repo and financing structure risk analysis
Liquidation procedure review and stress testing
Regulatory examination support and response
Typical deliverables
What to expect from an engagement.
01
Margin Methodology Review
Independent assessment of margin model design, inputs, outputs, and governance against industry standards and regulatory expectations.
02
Capital Impact Analysis
Analysis of capital treatment implications of margin, repo, and securities finance structures under applicable regulatory capital frameworks.
03
04
Governance Framework
Documentation of governance, escalation, and oversight structures for margin and financing risk management functions.
Liquidation Procedure Report
Review of close-out and liquidation procedures, including stress scenario testing and documentation adequacy assessment.
COVERAGE AREAS
Deep prime and securities finance expertise.
Our experts have run prime brokerage risk, securities lending desks, and repo businesses at global banks. They have managed through multiple stress episodes — including forced liquidations, market dislocations, and regulatory enforcement — and bring that experience directly to client engagements.
Regulation T and portfolio margin
FINRA Rule 4210 compliance
Securities lending and repo governance
Prime brokerage risk frameworks
Short selling and locate procedures
Capital and liquidity treatment