Swift offers firms assistance in avoiding entities and individuals hit by sanctions
The journal’s second issue features three very different approaches that use network theory to understand economic and financial phenomena.
This paper considers a network of cross-border SWIFT message flows where nodes are the countries in which the sending and receiving banks are domiciled. The authors analyze how the payment flows reflect or predict various aspects of the real economies.
Job changes in the derivatives, regulation and risk industry throughout Asia
Banks facing wider sanctions and tougher enforcement
Threats are "people we thought were our friends"
Project aims at due diligence database
If you build it, they will come
International banking head backs central utility function
Rise of the redback
The LEI vision
Consistent reporting to multiple trade repositories under new OTC regulations will depend on the successful adoption of legal identifiers
Swift will provide its existing FX derivatives messaging traffic while DTCC will leverage its expertise in the provision of repository services, the two firms have told FX Week
Leaked wire from US embassy in Berlin says Germany’s Chancellor Angela Merkel was furious at German MEPs' decision to reject Swift data sharing deal with United States
New focus on tailored solutions for emerging markets, says Americas CEO Church
Regulators on both sides of the Atlantic agree on the need for trade repositories to aid the monitoring of systemic risk. But there is a difference of opinion on where these repositories should be based, leading to the possibility that multiple trade...
The International Swaps and Derivatives Association is to collaborate with the Swift interbank network to allow messaging in the FpML derivatives markup language.
Banks misplacing millions of pounds and dollars may sound absurd, but operational risk makes it more commonplace than you might think.
Sponsor's article > Operational Risk and its impact on Investment Managers: A system solution perspective
Operational risk is a major issue for investment managers due to advances in back office automation and increased outsourcing.
Financial consultancy firm CityIQ, commissioned by Swift and SmartStream, canvassed over 240 firms about their activities in the corporate actions arena. The May 2003 survey showed widespread automation potential.
The firm says that for years industry proxy voting systems have been so poor that automation hasn't been worth the effort - until now.
The latest G30 report on global clearing and settlement offers more than a few worthwhile suggestions. But Kristina West says there is still much to be done before the industry will wholly embrace the recommendations.
OpenLink, a New York-based trading and risk management software company, has released its Open Settlement Solution - an integrated Society for Worldwide Interbank Financial Telecommunication (Swift) messaging capability for its Findur system. Evaluating...