In a video interview at FIA EXPO 2023, John Lothian News sat down with Teo Floor, the CEO of CCP Global, to explain the organization’s recent strategic rebrand and to understand the evolving landscape of global clearinghouse operations.
The first question posed to Floor revolved around the recent rebranding to CCP Global, seeking to unpack the narrative behind the decision. The conversation aimed to clarify the motives and aspirations that drove the organization to adopt its new global identity. Floor explained that the organization started with 12 members but now has 42, and the name has not worked for years.
Floor was asked about observer members within CCP Global’s framework. This part of the discussion aimed to reveal the roles, expectations, and contributions of these members to the clearinghouse’s ecosystem.
Floor elaborated on the key issues CCP Global has been focusing on lately. Given the constantly evolving market conditions and regulatory landscapes, Floor spotlighted the challenges and opportunities CCP Global is currently navigating.
Lastly, Floor shared his thoughts on CCP Global’s approach to safeguarding the financial system against potential crises, with a specific focus on the company’s global default simulation. Floor provided a glimpse into the mechanisms and strategies CCP Global employs to ensure stability and confidence among market participants.