For many years, financial institutions have been using the Murex enterprise risk platform for market, credit and liquidity risk management. Today, and in view of the recent market volatility, those users are appreciating the advantages of a multi-asset trading platform with a fully integrated risk function that is flexible and open enough to integrate and analyse information from all areas of the institution
It seems that 'liquidity risk' is the prevalent term on everyone's lips these days. The recent market instabilities have highlighted the shortage of consistent guidance and supervision concerning the management of this risk classification, and now the industry is readying itself for a wave of increased regulation. All of the main bodies, including the UK Financial Services Authority, US Federal Reserve, the Council of Europe Development Bank and the Basel Committee, are putting forward their recommendations for addressing these shortfalls in liquidity governance. They have already identified major business areas that can greatly impact on the funding profile of a financial institution and that require close integration into any liquidity solution.
Topics: Enterprise-wide risk management
More on Liquidity Risk
Efficiency gains have kept capital supply up, but challenges remain
Asset manager plans to be liquidity provider if US credit market is distressed
Ex-Goldman partner says size, crowding and equity risk are bad for quant funds
Industry members discuss the growth of electronic trading of corporate bonds
Sign up for Risk.net email alerts
Sponsored video: MarketAxess
Sponsored video: Tradeweb
Multifonds talks to Custody Risk on being nominated for the Post-Trade Technology Vendor of the Year at the Custody Risk Awards 2014
Sponsored webinar: IBM Risk Analytics
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.