Energy
Crossovers: mind the gap
Credit of the month
Measuring the operational risk of fund valuation companies
ASSET MANAGEMENT
Software product of the year – Almonde 4
The Risk Awards 2003
Corporate risk manager of the year – Scottish Power
The Risk Awards 2003
what's new on the web
@risk
Technology briefs
Systems
RiskNews review
The leading stories from RiskNews
Software survey 2003
Survey
Real problems
The Risk Awards 2003
Credit and credibility
Credit risk modellers have made giant strides, but they still have to convince regulators that they can make the world a safer place.
Trade associations launch IRB survey
The International Swaps and Derivatives Association, the Risk Management Association and the British Bankers' Association today launched a survey of the validation of banks' internal credit ratings, a key element underlying the internal ratings-based …
Trade associations launch IRB survey
The International Swaps and Derivatives Association, the Risk Management Association and the British Bankers' Association today launched a survey of the validation of banks' internal credit ratings, a key element underlying the internal ratings-based …
Capturing value from energy supply and trading
New Frontiers
Hetco stops power trading
Hetco, the New York-based proprietary energy trading company, has closed its power trading desk. Hetco was created in 1997 as a joint venture between US oil major Amerada Hess and Stephen Hendel and Stephen Semlitz, two former partners of Goldman Sachs,…
Fitch to investigate credit derivatives risk concentrations
Credit rating agency Fitch Ratings is concerned that the rapid growth and lack of transparency in the synthetic credit markets could be leading to alarming concentrations of risk with specific market participants.
JP Morgan launches LSE-listed certificates
JP Morgan has launched the first listed certificates registered on the London Stock Exchange (LSE), targeted at retail investors. The move follows the launch in November of covered warrants in the UK.
CLS Is Live. What Next?
CLS participants breathed a huge sigh of relief when the long-awaited system launched successfully. Is anyone ready to start expanding the system to new products?
Making sense of the new power market
New Frontiers
The pension threat to credit quality
Pension deficits
Protected: yes Effective: maybe
Covered bonds