Suzanne Sprague

Senior MD, Group Chief Operating Officer & Global Head of Clearing, Cme

Search every verified Suzanne Sprague interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. At the FIA Expo 2023, Suzanne Sprague discussed several industry developments and projects at CME. She noted that the exchange is paying close attention to the Basel proposal and its potential impact on clearing members' ability to provide central clearing, describing the G20 commitment to central clearing as a core tenet from the financial crisis. Sprague emphasized the importance of ensuring clients can access markets through clearing members, even for products not subject to a clearing mandate. She also commented on the role of regulation in market safety and the need to understand how proposed rules can affect different market participants. Sprague highlighted several ongoing CME projects, including the move to cloud-based clearing services, the migration to the SPAN 2 margin model, and enhancements to the cross-margin program with the Fixed Income Clearing Corporation. She described these initiatives as aimed at increasing scalability, capital efficiencies, and portfolio margining across asset classes such as futures and swaps. Sprague stated that technology has played a significant role in innovation and transformation in clearing over the past five to ten years and that she expects this trend to continue.