Technology/Risk management
The Rubik's cube of risk
The financial crisis has emphasised the need for integrated risk management and closer collaboration between trading desks and the middle office, covering market risk, collateral management, limits and counterparty risk exposure calculation. How well are…
Buy-side backlash
Trading costs
JP Morgan wins Risk's derivatives house of the year award
JP Morgan has won Risk magazine's derivatives house of the year award for the second successive year. In a 12-month period that saw the collapse of Bear Stearns and Lehman Brothers, unprecedented volatility in the market and capital injections into…
The matchmakers
Evolution Securities, a London investment bank previously associated with the equities market and its advisory work with small- and mid-cap clients, has branched into fixed income with the recruitment of two credit market stalwarts, Guy Cornelius and…
Calls grow for scrapping of Basel II accord
Industry figures argue that the capital adequacy regime is not relevant in today's economic climate, and that regulators have already abandoned certain aspects of the accord on the quiet
Market graphic - The 2008-2010 credit cycle
Default rates are on the way up, but by how much? Ulf Erlandsson and Graham Rennison, quantitative analysts at Barclays Capital, use data on credit conditions to predict default rates and economic growth rates over the next two years of the cycle
Counting on the counterparty
High-profile banking failures have led to uncertainty over the ability of credit derivatives counterparties to honour their side of the trade. Contingent credit default swaps, or CCDS, are designed to mitigate this risk. But will plans for a central…
Die Lehren aus der Katastrophe
Katastrophenrisiko
Opinioni assolutamente flessibili: tra teoria e pratica
Approfondimenti Investment Management
È tempo di un nuovo modello?
Modelli di capitale economico
Challenges abound in 2009
Everyone agrees that 2009 will be a challenge. Just how different the financial markets and overall environment will be for hedge funds is an open question. Some of the leading figures in the industry tell Hedge Funds Review reporters what they foresee
Electronic platforms: Riding out the storm
Electronic platforms
The drive for automation
Trading technology