Technology
Profile: Dresdner makes loss prevention a new priority
Operational risk management is a management programme, not just a modelling exercise, according to Jonathan Howitt, director of operational risk at investment bank Dresdner Kleinwort Wasserstein in London.
Extreme Outsourcing
"Lift-out" outsourcing projects by major institutional firms prime the pump for the rest of the industry.
SunGard alleges Algo has used its confidential information
In a bizarre twist, US-based technology services company, SunGard, has responded to legal action by Algorithmics regarding its alleged use of Algorithmics' confidential information, by claiming its Canadian rival has used confidential information…
Lepus lists op risk leaders
US firm OpRisk Analytics, Canada-based Algorithmics, and UK company Raft International are leading the operational risk vendor market, according to a report published in January by management consultancy Lepus.
Algo slaps injunction on SunGard over use of confidential information
Canadian risk management systems provider Algorithmics has slapped an injunction on SunGard aimed at stopping its US-headquartered rival from using confidential information allegedly leaked to SunGard by an ex-Algorithmics employee.
Fitch upgrades OpVar tool for operational risk
Fitch Risk Management has added a range of new services to its OpVar software suite, an operational risk management quantification tool. Version 5.0, scheduled for release in March, now offers an enhanced data collection module and improved data…
SunGard releases intranet version of Account Risk Module
SunGard Futures Systems, a division of US-based technology company SunGard, has released a new intranet version of its Account Risk Module (ARM), an account risk assessment tool designed for use with its GMI system for listed derivatives processing. GMI…
Front and Evolution formalise co-marketing agreement
Front Capital Systems, a provider of risk management technology, and UK consultancy firm Evolution today formalised an agreement to market each other's products.
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.
GFI outsources non-core software development offshore
Inter-dealer broker and technology developer GFI has launched a pilot project to explore the opportunities of moving some of its IT development offshore. The move largely applies to non-core development work.
Judicial stalemate
Germany
The bigger they come…
Germany
A clear market leader
How will SunGard’s acquisition of rival vendor Caminus change the market for energy risk management software? Kevin Foster reports
What lies beneath?
CDO pricing
TradeWeb and Charles River launch trade tool
Credit tech
A new standard
Credit default swaps
Fighting for custom
FX platforms
Waiting for guidance
Basel Accord
An upward spiral
Credit derivatives
An integrated approach
Cash management