Feature
Sub-prime time
Mortgages
The spotlight swings
Private equity
Getting flattened
Cover Story
Buy the pool
Pension funds
Future frameworks
Isda update
Seeking an Accord
Economic capital
Compromising on Basel II
As US banking regulators debate how much of the spirit of Basel II should be applied to small and medium-sized financial institutions, the banks themselves are stuck in no-man's land. Will 'Basel 1A' bring more certainty or more argument? John Ferry…
Exchange Risk and Reputation
Lightning, it is said, will only strike twice in the same place if it is induced to do so. Strange forces, then, must inhabit the Ohtemachi First Square Building, whose residents have fallen victim to yet another bolt from the blue.
Icap confirms EBS approach; FX platform expects more than one bidder
Interdealer broker Icap has confirmed it is in “preliminary discussions” to acquire electronic forex heavyweight EBS, ending mounting speculation that the electronic forex dealing platform had been looking for a buyer since July 2004, when it appointed…
Shaping The Future
In lighter, sillier moments down the pub, when we were thinking about what to rename the magazine to help it better reflect the industry's evolution and its content, we went through some rather daft combinations.
The power of association
An increasing number of industry professionals are hankering after a trade body for structured products, but some think that such a move would simply result in more red tape. Meanwhile, Germany and Finland have set the wheels in motion with their own…
Software product of the year: Adaptiv, SunGard
If banks weren't aiming to manage their counterparty credit exposures and credit limits on a global basis before, Basel II gives them plenty of incentive to do that now. But it can be a huge task.
Forrester argues for consolidation
BRUSSELS & NEW YORK – In early December, Forrester Research, an independent research company based in Cambridge, Massachusetts, published a paper, Will the real risk and compliance vendor please step forward?
Bank risk manager of the year : Madelyn Antoncic, Lehman Brothers
Lehman Brothers had a hectic 2005, with net revenue for the year rising 38% to $3.3 billion. But it's not just the traders that were busy.
Sponsor's article > Bank of America Selects SunGard’s BancWare for Basel II Compliance and Reporting
SunGard today announced that Bank of America has extended its relationship with SunGard with the selection of the BancWare Capital Manager (previously called Basel II Capital Manager).
Raising the standard
The German insurance industry is actively pushing forward the discussion on the standard model within the scope of Solvency II
Pillars of wisdom
European insurance regulation is shifting from Pillar I rulebook to Pillar II dialogue. But the dialogue may be evolving into a poker game. Aaron Woolner reports
FSA opens doors to securitisation
The UK's Financial Services Authority has outlined a new approach to insurance securitisation. A vital capital and risk management tool for banks, securitisation currently sits outside the mainstream of the insurance industry, but there are growing signs…
UK Minister hails Solvency II
Ivan Lewis MP, a minister at the UK's Treasury with responsibility for insurance, has hailed the Solvency II process as a mechanism to enable the EU's insurance industry to remain competitive in the face of the globalisation of the financial services…
Machiavelli and MiFID
CIOs face a new world of regulation and their saving grace is preparation.
CROs make Solvency II plea
Members of the Chief Risk Officer (CRO) Forum used an address at Life and Pensions' December 2005 Insurance Risk conference to call for significant improvements to the Solvency II regime that the EU is expected to implement before the end of the decade.
The fundamentals of operational risk assessments
In the third of a series on scaling operational risk management for the small to medium-sized institution, Eric Holmquist discusses the fundamental elements to consider when developing an operational risk assessment where the emphasis is on process…
External data: reaching for the truth
Algo OpVantage's Penny Cagan dispels 10 myths associated with using external data in an op risk context.
Who's buying?
Operational risk derivatives are being reconsidered as a solution to banks' distrust of op risk insurance policies, but the market for these is yet to develop. By Duncan Wood