Post credit crunch banks explicitly charge for counterparty and funding costs on non-collateralised trades. Corporates need to do a cost benefit analysis in deciding if it is beneficial to collateralise or not the derivatives portfolio. Typical questions include:

• How the corporate and bank credit ratings affect CSA negotiations?
• How derivatives transacted affect the optimal threshold?
• Does it make sense to assign different trades to different banks?
• On multi-currency CSA facilities how to optimise collateral posted?

FX risk is a major concern for most corporates. Managing this risk entails a number of challenges such as:

• When is it optimal to use vanilla and when exotic derivatives for hedging?
• Are zero cost structures cost free?
• What role market views play in designing optimal hedging strategies?
• What is the opportunity cost of hedging?

For corporates with borrowings interest rate risk management is a major concern. Managing this risk entails a number of challenges such as:

• When hedging matters?
• What is the optimal hedge ratio and how it is related to debt duration?
• What is the role of exotic derivatives in hedging?
• When to embed and when not market views about interest rates?   

Producers and consumers of commodities face major hedging challenges such as:

• Why to hedge commodity risk at all?
• When to hedge commodity risk?
• With what instruments to hedge?
• What is the optimal hedging horizon?
• When a market view exist what is the opportunity cost if we want to monetize it?