Technology
Technology briefs
Systems
Basel II – it’s not all devil in the detail
New angles
Technology briefs
Systems
Demand rises for cheap ASP-based risk technology systems
customers more comfortable using web-hosted technology
Doors to Italian hedge fund market open to new investors
laws halving minimum investment to e500,000 to widen audience
Actions speak louder
Financial consultancy firm CityIQ, commissioned by Swift and SmartStream, canvassed over 240 firms about their activities in the corporate actions arena. The May 2003 survey showed widespread automation potential.
Reputation in automation
The introduction of ISO 15022 brings a glimmer of hope to those wrong-footed by nonautomated corporate actions. Pamela Brewster, senior analyst at Celent Communications looks at limiting errors and containing costs.
SunGard upgrades ALM tool
SunGard Trading and Risk Systems, an operating group of US technology company SunGard, has released a new version of its asset and liability management (ALM) software, BancWare Convergence.
A new dawn
Now that the financial community has finally become comfortable with derivatives, the next challenge is to trade these instruments using STP methods. STPforum reports
A new focus on old risks
Operational risk can wreak havoc on financial institutions’ businesses, yet measurement of operational risk is not nearly as developed as that of credit or market risk. Legislation is forcing firms to face up to the problem and STP may help them on their…
Wrestling With Two Kinds of Growth
Storage needs were already estimated to be growing 50 percent a year. Now, add industry regulations, and firms are looking to get creative with storage technology.
Hedge Funds’ Double-Edged Sword
To meet investor and regulator concerns, many hedge funds must provide more transparency--while still keeping their strategies close to the vest.
SAS acquires OpRisk Analytics
SAS, the North Carolina-based data management software vendor, announced that it has acquired the principal assets of OpRisk Analytics, a Connecticut-based operational risk analytics company. It did not disclose financial terms.