Committees



Committees

Through AMF committees, participants decide the group’s agenda, share views on critical industry issues, and work to ensure their views are understood by regulators and the public alike.

Make your voice heard on buy-side operational challenges: join AMF Committees to work with your peers on operations best practices for the asset management industry.  

Membership in the Committees and Working Groups is open to all AMF members. Each of these Committees may have a slightly different approach, organization, and meeting frequency. The Committees may create smaller working groups to take on focused projects with clear end goals and deadlines.

We welcome and encourage active AMF member participation and look forward to discussing industry challenges with you, and jointly developing industry-wide processing and operations best practices.

If you have questions regarding any of these Committees, or to sign up for any AMF Committee, please contact Elisa Nuottajarvi.

 

AMF Committees

Steering Committee
Objective:
Set direction for the AMF and determine member needs; oversee initiatives, committees and events; educate AMF membership on important industry topics, regulatory changes with operational implications, and industry developments.

Collateral Committee
Objective:
Provide education to the buy-side regarding key issues, application and best practice in the collateral management space. Discuss and find solutions for current challenges for both bi-lateral and cleared transactions. Discuss best practices for common buy-side issues. Determine critical performance indicators to enable firms to benchmark their performance. Monitor industry changes to evaluate how they impact the buy-side community.

Custodian Committee
Objective: Mobilize custodians who are dedicated to working jointly alongside asset managers, brokers, and government entities in order to address industry and regulatory challenges.

Derivatives Operations Committee 
Objective: Focus on key operational challenges related to swaps and over-the-counter derivatives, including introduction of a central clearing counterparty or swap execution facility.

Operational Risk Committee
Objective:
Discuss and recommend best practices for defining, managing and monitoring operational risk.

STP/Trade Processing Committee 
Objective: Provide an organizational structure to focus on the wide variety of trade processing challenges that asset managers face. The Committee's initial focus has been on MBS fail charge processing and reporting. Other important issues include shortening the settlement cycle and requiring a match to settle trades at the DTCC.  The Committee coordinates several working groups, including: the Improving STP Working Group; the Tri-Party Repo Working Group; and the Treasury Market Practices Group (TMPG) Working Group.

Tri-party Repo Working Group 
Objective: Analyze and provide response to recommendations of the New York Fed Task Force on Tri-Party Repo Infrastructure from the asset management industry perspective. Offer guidance for asset managers on operational implementation of these recommendations, and work together with other industry constituents to develop operational solutions. Work in conjunction with the Rates Division's Government Operations Committee.

 

AMF Subgroups

Derivatives Clearing Standardizations Working Group

Europe T+2 Working Group

GTR Working Group

TMPG Margining Ops Working Group

 

AMF members also coordinate with and are active in a number of SIFMA committees and working groups, including:  

  • ETF Processing Working Group
  • Large Trader Steering Committee
  • Match to Settle Working Group
  • MMI Blue Sky Task Force
  • OTSC (Operations and Technology Steering Committee)

 


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Contact AMF

Elisa Nuottajarvi
212.313.1166

 

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