On 26 April 2016, a roundtable “How to Develop Money and Capital Markets” organized by the Banking Committee of the Russian Union of Industrialists and Entrepreneurs (RSPP) and Interbankclub.com was carried out.
Among the key points of discussion were the Bank of Russia’s actions affecting money and capital markets, the exchange sector’s ability to develop the money market, the background and the possibility for the establishment of a centralized off-exchange system on the money market, and the attraction of corporate clients in the market. The Representatives of the Bank of Russia, the Moscow Exchange Group and profile associations, along with other market participants took part in the discussion. The event was moderated by Yekaterina Suprunovich, Head of Interbankclub.com, Vice President of Novicombank JSCB.
National Settlement Depository (NSD) was represented by Alina Akchurina, Managing Director for Collateral Management Systems Development. In her report she pointed out key trends in development of tri-party collateral management services in the global market and the background of their development in Russia. She also presented NSD’s turnkey solutions and services for the market. In particular, Ms. Akchurina described in detail the functions and potential of the collateral management platform used on the inter-dealer market in conditions of liquidity surplus, explained the role of NSD in the Moscow Exchange Group’s clearing participation certificate project and shared the company’s plans to develop the tri-party services in 2016.