Opinion/Technology
Risk Markets Technology Awards 2019: Vendors enter the pick-and-mix era
Modular tech and micro-services – plus new risk and regulatory needs – are creating openings for insurgents and incumbents
Beyond relational databases: a solution to data fragmentation
Beyond relational databases
What tomorrow's hardware means for today's risk systems
The case for dynamic efficiency
A crisis of identity, part two
A crisis of identity, part two
Editor's letter – Costly compliance and tighter budgets
Editor's letter – Costly compliance and tighter budgets
Keep regulation in proportion
Keep regulation in proportion
Introduction: Music to techno ears
Introduction: Music to techno ears
Jeopardy and the future of risk management
Jeopardy and the future of risk management
Towards T+0 reconciliation
The Counterparty Risk Management Policy Group's third major policy statement appeared in early August - and it presents surprisingly radical demands, says David Rowe
Column: Dan Travers
The high-powered, lightening-fast computer systems that managers use to perform their risk calculations should be geared towards delivering reliability not speed.
Broaden valuation options
In the same way credit risk managers used to question how a loan would be repaid if the primary means of payment were to fail, so banks ought to ask if there is another way to value structured credit investments if market liquidity were to dry up, argues…
Talking Point - Regulation through the credit crisis
The role of the regulator has been highlighted by the ongoing turmoil in the credit market. What response can we expect from regulators in the months to come?
Market graphic - European high-yield default rate
Although the markets are pricing in a jump in this year's European speculative-grade default rate to 7.5%, JPMorgan Credit Research predict a more modest rise of 2.5%
CCDS unchained?
In October, David Rowe argued that contingent credit default swaps offered only limited potential for active counterparty credit risk management. The convergence of several factors could change that
Cutting the Gordian knot
Basel II remains wedded to incremental extensions to the market risk rules. It is time for a bolder approach in this area, argues David Rowe
No silver bullet
The emergence of contingent credit default swaps has presented banks with a new way to manage their counterparty credit exposures. However, they have important limitations, argues David Rowe
Lagging risk management
The rate of growth in the complexity of new derivatives products is causing a worrisome lag in risk management's ability to keep pace. As credit derivatives markets endure a period of stress, this lag could have serious consequences, argues David Rowe