Operational risk
Associations send repo VAR protest to Basel Committee
US and UK industry associations have sent a joint letter to the Basel Committee on Banking Supervision expressing their "disappointment" that the multipliers for portfolio value-at-risk modelling of repo counterparty exposure will not be altered in the…
For love nor money
Salaries
Taking it slow
Basel Accord
Op risk charge up for grabs again?
REGULATORY UPDATE
Banks set to define op risk modelling for regulators at May conference
IMPLEMENTATION OUTLOOK
Debate and controversy mark Op Risk 2003 events
CONFERENCE COVERAGE
Regulatory briefs
REGULATORY UPDATE
Regulatory revisions make corporate goverance top priority
IMPLEMENTATION OUTLOOK
Modelling the unthinkable
DATABASES AND MODELLING
Job moves
People
Derivatives disclosure calls mount
Cover story
S&P and RDB launch SME CreditModel in Japan
Standard and Poor's (S&P) Risk Solutions and the Risk Data Bank of Japan (RDB), a credit risk data provider, have launched a new advanced default probability model that assesses the creditworthiness of small and medium-sized (SME) Japanese enterprises.
Fitch Risk launches Credit Rating System
CreditVantage, the credit risk management division of Fitch Risk, has launched Credit Rating System (CRS), a suite of credit rating products designed to assist banks in implementing industry best practices in their credit analysis and capital allocation…
Quantifying the op risk in investment fund valuation
Fund management is often forgotten in the wider push towards quantitative operational risk management. Here, François Longin and Gautier Martin take a closer look at the operational risk that accompanies fund valuation.
Pension fund risk systems advance
Vendors seeking to cater to pension fund clients are rolling out a new breed of asset/liability risk analysis tools to complement risk reporting and benchmarking systems, all tailored to the unique needs of these institutions.
Time for buy-side IT push
Buy-side firms now recognise the strategic benefits and operational efficiencies that technology can bring. And, despite adverse market conditions, Fritz McCormick of Celent Communications believes IT investment is set for continued growth, especially…
Basel's CDO solution
As the Basel Committee on Banking Supervision continues its stately progress towards a revised capital Accord, one area remains under debate: the proposed capital rules for asset securitisations.
Driving down fixed costs
Outsourcing could be the key to institutions keeping up with the cost of installing technologies able to cope with CLS, Basel II and STP, and could provide a vital comfort zone in future-proofing your IT.
G30 - Moving in the right direction
The latest G30 report on global clearing and settlement offers more than a few worthwhile suggestions. But Kristina West says there is still much to be done before the industry will wholly embrace the recommendations.
Why risk IT?
Ever more complex investment risks with crushing liability factors and increased client scrutiny demand new and highly sophisticated technology, says Adrian Pay of LatentZero.
Terrorism insurance - Modelling the unthinkable
In November, the US government passed a law requiring all insurers to underwrite terrorism risk, forcing them to find a way to price this exposure. Could terrorism risk models be the answer?
Tailoring internal models
Swiss Re's Pablo Koch Medina, Frank Krieter and Stephan Schreckenberg highlight the key features and main limitations of internal risk models for insurers.