Two S&P executives explain how the rating agency's ABSXchange platform for structured products and the VSS valuations service benefit investors in today's unpredictable markets
Software Survey 2009
The financial crisis has emphasised the need for integrated risk management and closer collaboration between trading desks and the middle office, covering market risk, collateral management, limits and counterparty risk exposure calculation. How well...
JP Morgan has won Risk magazine's derivatives house of the year award for the second successive year. In a 12-month period that saw the collapse of Bear Stearns and Lehman Brothers, unprecedented volatility in the market and capital injections into...
The methodologies and processes used to value illiquid securities in hedge fund portfolios have become a hot topic for managers and investors alike. Hedge Funds Review examines some of the challeges and issues facing managers and administrators
As hedge fund managers square up to the most precipitous market challenges in their history, the industry is likely to have to contend with the prospect of less cash, fewer assets under management and slashed technology budgets.
Evolution Securities, a London investment bank previously associated with the equities market and its advisory work with small- and mid-cap clients, has branched into fixed income with the recruitment of two credit market stalwarts, Guy Cornelius and...
Industry figures argue that the capital adequacy regime is not relevant in today's economic climate, and that regulators have already abandoned certain aspects of the accord on the quiet
Default rates are on the way up, but by how much? Ulf Erlandsson and Graham Rennison, quantitative analysts at Barclays Capital, use data on credit conditions to predict default rates and economic growth rates over the next two years of the cycle
High-profile banking failures have led to uncertainty over the ability of credit derivatives counterparties to honour their side of the trade. Contingent credit default swaps, or CCDS, are designed to mitigate this risk. But will plans for a central counterparty...
ClusterSeven and CCH Sword recently took part in a forum to discuss the implementation, costs and benefits of good control initiatives and how they reduce risk. This roundtable provides technology vendors a unique forum in which to disperse intellectual...