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Cofiri’s risk transformation
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On a wing and a prayer
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Reedie calls it a day
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Twist focuses on commercial payments
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Band of brothers
Some companies are assessing the need to share pooled information to manage clients more effectively, but the idea is unlikely to be welcomed by hedge funds
Time to review your systems?
There is a wide choice of products now available specifically targeted at the hedge fund sector
People moves
People
Trading with a small ‘t’
What made headlines before is now becoming everyday news: energy companies are scaling back or leaving energy trading. Some industry observers are emphasising the shift to ‘trading around assets’. Anne Ku investigates just what this means
Sponsor's article > SunGard Trading and Risk Systems Announces New Dedicated Role for Basel II
Dr. Dean Jovic has been appointed to group managing director of risk management/Basel II, a newly created position at SunGard.
Flexibility is the key
Asset and liability management
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A disaster waiting to happen
Despite the threat of increased terrorist attacks and war with Iraq, financial institutions are still struggling to find the funds to invest in appropriate business continuity plans.
Sponsor's article > No cure through the cycle
Some have argued that the antidote for pro-cyclicality in the Basel II capital requirements is the use of 'through-the-cycle' estimates of default and recovery rates. David Rowe argues that, whilethis might mitigate the pro-cyclical impact of the Accord,…
Mark-it Partners puts it all on Red
Credit tech
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RiskNews review
RiskNews review
Commerzbank, IBM Mull Outsourcing Deal
FRANKFURT—In what looks like a pioneering deal, Commerzbank is working out the details of an IT outsourcing arrangement with IBM that would see the vendor take on responsibility not just for low-level infrastructure, but complete management of major…
Reuters to focus on risk services as losses hit £533 million
Reuters is to concentrate its business development on risk management, treasury products and content management as part of an ongoing overhaul of the UK information and trading systems provider, instigated by chief executive Tom Glocer.
Sponsor's article > Don't count on buffers
One possible mitigator of the pro-cyclical impact of risk-sensitive capital requirements would be counter-cyclical changes in capital buffers. Empirical evidence on this issue is scarce and a new regulatory capital regime could well induce a behavioural…
Mark-it plans to offer data pricing service for structured credit
Mark-it Partners, a two-year-old company founded by senior bankers at Canada’s Toronto Dominion, is in advanced negotiations to set up a data pricing service for collateralised debt obligations (CDOs). If successful, this could become the first such…
New Market, New OMS Sales Pitch
Baring Asset Management is doing something that a lot of trade order management vendors and market analysts wish the rest of the financial world would do: after implementing a new third-party order management system to replace its older in-house system,…
Germany’s DZ Bank takes €100 million-plus swaps hit
DZ Bank, the largest central co-operative bank in Germany, has made significant trading losses from its zero-coupon interest rate swaps positions.