SIMM & Regulatory Initial Margin
ISDA SIMM calculation engine, UMR phase tracking, and regulatory IM compliance
Total SIMM IM
$48.8M
Shortfalls
2
CSAs In-Scope UMR
5
Latest Calc Run
06:00 UTC
About This Agent
Data on this page
CSA-level SIMM requirement for five counterparties (Goldman Sachs, Deutsche Bank, BNP Paribas, HSBC, Barclays), each showing UMR phase, SIMM IM required, IM posted, and compliant/shortfall status, alongside aggregate total SIMM IM and shortfall counts.
What this agent does
Runs the ISDA SIMM sensitivity-based initial margin calculation across every in-scope CSA, tracks each counterparty's UMR phase-in status, and cross-checks required IM against posted collateral to surface shortfalls automatically — the AcadiaSoft-class IM calculation engine, run as a continuous agent rather than a periodic batch reconciliation.
Worked examples
- Goldman Sachs (Phase 5) requires $18,200,000 SIMM IM but only $14,000,000 is posted — a $4.2M shortfall.
- HSBC (Phase 5) is short $250,000 ($6,100,000 required vs $5,850,000 posted).
- Deutsche Bank, BNP Paribas, and Barclays are fully compliant, each with required IM matching posted IM.
CSA-Level SIMM Requirement
| Counterparty | UMR Phase | SIMM IM Required | IM Posted | Status |
|---|---|---|---|---|
| Goldman Sachs | Phase 5 | $18,200,000 | $14,000,000 | Shortfall |
| Deutsche Bank | Phase 5 | $9,400,000 | $9,400,000 | Compliant |
| BNP Paribas | Phase 6 | $4,100,000 | $4,100,000 | Compliant |
| HSBC | Phase 5 | $6,100,000 | $5,850,000 | Shortfall |
| Barclays | Phase 5 | $11,000,000 | $11,000,000 | Compliant |