Threat to A1 credit rating of the Portuguese government raises cost of credit default swaps.
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Spain articles
For private bank Patrimonios Can, autocallables and ‘mixed products’ based on domestic underlyings are the heart of its business, but regulatory nuances in the Spanish market also provide a focal point for the bank. Clare Dickinson reports
The structured product markets of Italy and Spain have survived the eurozone’s recent sovereign debt traumas relatively unscathed, while their economies have so far dodged the fate dished out to Greece and Ireland. Clare Dickinson examines how providers...
Tightening of peripheral CDS continues for third day after Trichet announcement
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.