Too-big-to-fail issue, swap market overhaul and shadow banking all on to-do list
Sliding profits are prompting banks to take a new look at an old idea – an industry run back-office utility
In this white paper, Gordon Russell, Global Head of Risk at Broadridge Investment Management Solutions argues that the chances of survival in this new environment will be greater for funds that implement solutions to efficiently and cost-effectively manage data and risk.
More Joe Rennison articles
Credit Suisse will get access to “world-class” technology in joint venture
CCP exposures not in scope of new regime, but clearing members are
“Historical relationships” will make it difficult for prop traders and others to make markets on Sefs
Finra says year-long approval process revealed "notable outliers"
There "could be a role" at one of the market's new utilities
Russian bank's trading head says political crisis has not spilled into local markets
Impartial access rules for Sefs allow firms to gatecrash interdealer market
Jon Kinol will lead a new electronic market-making project, leaving David Tait as sole head of the bank’s macro products group
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.