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GEM and Systemwire to launch OTC derivatives trade matching system
London-based Systemwire has teamed up with New York-based Global Electronic Markets (GEM) to develop a new software platform for automated trade matching and rule-based trade validation, called FpML Mediator.
An integrated framework for the governance of companies
Cases of insolvencies, losses and internal frauds have been increasing of late. As a result, the question is asked more and more often whether such cases could have been avoided with better governance of companies or a clearer organisational handbook. In…
NAB to keep revised system
National Australia Bank (NAB) officials have no plans to replace their currency options trading platform in light of the recent $280 million (A$360 million) foreign exchange rogue trading scandal that has enveloped the bank over the last two months,…
UBS executes Bloomberg futures trades
UBS Investment Bank has become the exclusive executing broker for Bloomberg's Tradebook alternative trading system on the Chicago Board of Trade, Chicago Mercantile Exchange, Eurex and Euronext.liffe futures exchanges, reports Risknews’ sister…
Operational Risk Conference Preview > Experts to speak on evolution and challenges of op risk
Risk magazine and Operational Risk are holding their sixth annual Operational Risk conferences in London and New York in March. The events are designed to provide delegates with insights into the latest techniques for managing and quantifying operational…
Sponsor's Article > Alliance & Leicester Uses SunGard's Basel II Capital Manager
SunGard Trading and Risk Systems, an operating group of SunGard (NYSE: SDS), today announced that Alliance & Leicester, a UK financial services group, is using SunGard Basel II Capital Manager for improved credit risk management and Basel II compliance.
SuperDerivatives signs deals with German and Austrian banks
Technology firm SuperDerivatives has signed up 10 German and Austrian banks, including HypoVereinsbank and Helaba, to its foreign exchange option pricing system.
Trema launches NAV reporting software
French technology company Trema has launched NAV Monitor, software developed for the investment management industry for real-time calculation and reporting of net asset value (NAV).
RMS releases updated Climetrix weather trading system
Risk Management Solutions (RMS), a California-based provider of products and services for the management of natural hazard risk, today released version 4.0 of its Climetrix weather derivatives trading and risk management system.
Rethinking regulation
Market manipulation and inaccurate pricing led to the reregulation of Ontario’s electricity market. But at the right price, the Canadian province may see a revival of competition, reports CatherineLacoursière
SunGard unveils new trading and risk management suite
SunGard Trading and Risk Systems (STRS) will next week unveil the first version of its Adaptiv trading and risk management suite.
SunGard unveils new trading and risk management suite
SunGard Trading and Risk Systems (STRS) will next week unveil the first version of its Adaptiv trading and risk management suite.
Constructing an operational event database
Michael Haubenstock of US bank Capital One outlines a framework for an event database, formulated with current US regulatory guidance on the subject in mind. The text is an abstract from The Basel Handbook, which has just been published by Risk Books.
The score for credit
Jorge Sobehart and Sean Keenan discuss the benefits and limitations of model performance measures for default and credit spread prediction, and highlight several common pitfalls in the model comparison found in the literature and vendor documentation. To…
NYCC to offer CLS services
Two firms have signed up for the new continuous-linked settlement (CLS) service of the New York Clearing Corp (NYCC), the clearing house for the exchange markets of the New York Board of Trade (Nybot), reports RiskNews ' sister publication Trading…
Making thesystem workfor you
Zbigniew Hermaszewski,co-founder of AltisPartners, explains thestrategy of the firm'sglobal futures portfolio
Portable alpha and beta for long/short equity managers
Portable strategies
Portable alphaand beta forlong/shortequity manager
Portable strategies
Sophistication and integration
Performance and risk