Opinion
Hiring, regulatory uncertainty and crisis management
The week on Risk.net, September 2–8, 2016
A tale of two worlds: performance and risk
Performance and risk offer two complementary views of investment management. It’s time to swap some DNA
No quants need apply: new trends in risk hiring
Soft skills are growing more important in the recruitment of risk managers
Margin D-day, US repo and CTAs go OTC
The week on Risk.net, August 26–September 1, 2016
Can US money funds rely on French banks for repo liquidity?
Foreign dealers may be here today, gone tomorrow
When time is of the essence, shortcuts are still handy
‘New age’ quants might not like it, but speed can be traded for accuracy in spotting investment opportunities
No subordination: Aviva’s clever matching adjustment repack
Insurer's repack vehicle issued only single senior note
Swaps margining, negative interest and repacks unpacked
The week on Risk.net, August 19-25, 2016
Dealers’ WKSI woes: a case of rough justice?
Stripping firms of special issuance status suggests heavy-handed approach by SEC
Macroeconomic theories: not even wrong
Flawed and inconsistent mainstream macroeconomic theories such as efficient market hypothesis are dangerous to society, says Alexander Lipton
The three lines of defence: a health warning
Effective risk management is more important than what your organisational chart looks like
CCP failure, CVA gaps and passporting
The week on Risk.net, August 12–18, 2016
What’s good for the City is bad for UK commodity firms
In effort to retain passporting, Brexit negotiators may sacrifice commodity traders
What a star 1,480 light years away can teach risk managers
Amateur astronomers’ discovery shows value of humans over algorithms
Cat bonds can help combat the systemic risks of CCPs
Bonds could pre-fund CCP default funds and higher margins during market stress, authors argue
Gaap, subordination and the cost of connection
The week on Risk.net, August 5–11, 2016
Brexit lessons on handling redemption runs
July experience shows fund suspensions can be used without spillover effects
State Street sees double whammy of op risk losses
Megan van Ooyen from SAS rounds up the top five op risk losses for July
Chinese CDS, margining and UBS
The week on Risk.net, July 29–August 4, 2016
VAR versus expected shortfall: why Priips has got it wrong
Hardwiring of older risk measure into Priips means risk ratings could mislead investors
Sense and sensitivities: Isda Simm is not so simple
Three industry experts argue initial margin calculations for uncleared trades won't work without centralised calibration of sensitivities
Why not having AAD needn’t be the end of the world
Optimisation method offers quicker and more focused way of making XVA calculations
Eurozone must lead search for doom-loop fix
Basel Committee working on sovereign risk, but eurozone has most at stake
Banks must embrace their digital destiny
Alexander Lipton believes the time is right for advanced digital banks to take the industry forward, and quants can lead the charge