Mathematical technique allows dealers to perform risk-sensitivity calculations 50 times faster
From ING to Danske Bank, regional players are taking part in the FVA debate, but practices are mixed
Risk Awards 2015: CVA in 10 seconds on a MacBook Pro – Danske can do it
Jørgensen leaves Nordea for compliance and AML role at Danske Bank
Scientific theories are supposed to be smooth processes, with progress building on progress. But sometimes a theory gets such a shock that it needs to be completely rethought – and quantitative finance is in the middle of such an upheaval
Jesper Andreasen slams new generation of quants as indoctrinated "muppets", incapable of independent thought
European banks saw their RWAs leap at the turn of the year, as new trading book rules collided with the EBA's call to achieve a 9% capital minimum
JP Morgan scoops six categories in Risk’s annual awards, with Deutsche Bank winning three. Two colleagues from Danske Bank – Jesper Andreasen and Brian Huge – land the award for quantitative research, while Markit’s Lance Uggla wins the lifetime...
Risk awards 2012
Right Laplace, right time
Nordic banks want to use the Basel framework’s advanced approach to credit risk capital, but local regulators are insistent that data – rather than judgement – has to be the basis for the calculations. Banks don’t have enough instances of default...
Regulators across the globe are intent on forcing over-the-counter derivatives through central clearing. How are supervisors in the Nordic region responding, and could the relative lack of liquidity in domestic markets hamper their efforts? By Christopher...
Nordea tops this year's Nordic Risk derivatives rankings
Scandinavian banks are set to become huge owners of Baltic real estate. A large proportion of home loans in the region come from Nordic lenders and repossessions are rising. Some banks are already making preparations to take over and service large numbers...
Daily news headlines
Swedish banking group Nordea has topped Risk's 2007 rankings for the Nordic region, narrowly beating Denmark's Danske Bank in the interest rate derivatives category.
Danske Bank completed the first phase of an economic capital project with Algorithmics
Mifid, Basel II, SOX - the pace of regulatory change has increased substantially over the past few years, which has led to the large-scale expansion of compliance departments for financial services firms. But the recruitment market is finding it hard...
Olivier Brouet has left Bank of America (BoA) in London, where he worked in FX sales to French corporates, reports FX Week , Risk ’s sister publication.
Looking to avoid the exceptions that occurred with manual ticket processing, DBNY adopted Misys Meridian.
New York-based transaction processing technology company, Summit Systems, has started to aggressively market its new portfolio processing product, Summit FT. The web-based product offers instant delivery of real-time information across a range of primary...
Denmark’s Danske Bank has implemented Algo Collateral from Toronto-based risk management software provider, Algorithmics, to support the expansion of its margining activities and collateralised counterparties.