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.
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A distribution in which the extreme portion of the distribution (the part furthest from the median) spreads out further relative to the width of the centre (middle 50%) of the distribution than is the case for the normal distribution. For a symmetric...
Organisations to administer the electricity transmission grid on a regional basis throughout North America (including Canada). Creation of RTOs was encouraged by the Federal Energy Regulatory Commission (FERC) under the terms of FERC order 2000.
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.