Technology
ION Commodities: addressing the market’s recent pain points
Energy Risk Software Rankings winner’s interview: ION Commodities
Op risk data: Wells Fargo whacked for Wachovia lapse, and a Ponzi slap
Also: Long and winding road to the end of Credit Suisse; Swedbank IT fails. Data by ORX News
How Man Numeric found SVB red flags in credit data
Network analysis helps quant shop spot concentration and contagion risks
After a hack, loose lips won’t sink chips
Ion Group is the latest ransomware victim to stay mum about how it was compromised. No-one benefits from this code of silence
Rethinking surveillance: a focus on risk and data centralisation
Effective surveillance continues to be a big concern for firms worldwide, for which they need to stay ahead by making systems both predictive and preventative, with a focus on data centralisation. Lee Garf, general manager, compliance at NICE Actimize,…
BloombergGPT: Terminal giant enters the LLM race
New large language model aims to supercharge Terminal’s ability to provide sentiment, charting and search
Hacked off: banks demand answers after Ion cyber attack
Clients left in the dark about ransomware attack that disrupted futures trading last month
High-frequency flap over CME’s Aurora data centre
FIA Boca 2023: Exchange group’s migration to Google’s cloud could render HFT networks redundant
DTCC’s blockchain for CDS trades finds no takers
Clients shun DLT connectivity to centralised swaps database in favour of the cloud
Energy Risk Software Rankings 2023: managing uncertainty
Unpredictable markets make CTRM software choices key
Top 10 operational risks: Focus on cyber risk
All firms fear data breach; smaller banks also concerned over IT disruption
Top 10 operational risks for 2023
The biggest op risks for the year ahead, as chosen by senior industry practitioners
Benchmarking deep neural networks for low-latency trading and rapid backtesting
Faster, more powerful graphics processing units have the potential to transform algorithmic trading and offer a credible alternative to more expensive devices, explain Nvidia’s technology engineering team
Incorporating climate risk into ALM frameworks for banks
Banks are coming under increasing regulatory pressure to incorporate climate risk into their risk management frameworks. An emerging focus is incorporating climate risk into the asset-liability management (ALM) function. This webinar explores this new…
An uphill climb to T+1 settlement
The SEC is pushing an aggressive schedule for faster settlement of equities and corporate bonds
Asia moves: Senior hires at Natixis CIB, Citi and more
Latest job news from across the industry
Ion: after the hack, the clean-up
Some clients now using Ion systems again, but synchronising data with CCPs could take days
Ion cyber outage continues as banks use workarounds
ABN Amro, Macquarie, RBC among firms hit; ransom deadline tomorrow, but service may be down for days
Best use of cloud: Adaptive Financial Consulting
The Adaptive Platform Solution is an in-house electronic trading system development acceleration framework
Market scenario generator of the year: Conning
Conning’s GEMS economic scenario generator allows financial services firms to test business models and investment strategies against a wide variety of economic conditions for portfolio and risk management
Best modelling innovation: CompatibL
CompatibL wins the Best modelling innovation award for the second year running, this time for creating a new type of interest rate model based on autoencoders
Transforming risk controls for next-level decision-making
In an exclusive Risk.net panel session, convened in collaboration with ServiceNow, experts discussed the unique challenges facing risk and resilience practitioners, and the utilisation of frameworks and risk quantification for optimal decision-making…
Stick to the fax? Isda seeks to revamp close-out notice methods
Plans to update termination notice provisions still won’t quite pull the plug on use of fax machines
Digital banks: harnessing technology to deliver growth
In their relatively short lives, digital banks have needed to navigate some choppy waters, but the stormy economic outlook for 2023 could mean the roughest seas are yet to come. Weathering the storm will require digital banks to make astute technology…