Feature
A merging together
Credit indexes
Calming supervisory fears
Regulations
Welcoming a single index
Comment
Covenants: crisis of confidence
Financial covenants that rely too heavily on ratios are just not sophisticated enough to predict the likelihood of default, argues Sarah Woo. Loan originators must learn a trick or two from their colleagues in portfolio management and develop…
Covenants: crisis of confidence
Financial covenants that rely too heavily on ratios are just not sophisticated enough to predict the likelihood of default, argues Sarah Woo. Loan originators must learn a trick or two from their colleagues in portfolio management and develop…
New England revolution
Public pension plans
Linedata rolls out compliance engine
Buy-side technology vendor Linedata Services has launched an enterprise-wide pre- and post-trade compliance engine, Linedata Compliance.
Linedata rolls out compliance engine
Buy-side technology vendor Linedata Services has launched an enterprise-wide pre- and post-trade compliance engine, Linedata Compliance.
A Fine Spring
The UK’s Financial Services Authority is targeting banks that are lagging on their anti-money laundering efforts.
The Mystery Behind the Numbers
A host of recent compliance regulations in the US and the UK has shined yet another light on the need for clean reference data.
No More Fake IDs
As the economy recovers, financial firms are looking for technical advantages that increase top-line revenues as well as manage costs.
Sarbanes-Oxley: The costly road to compliance
Some companies are looking to get a better return on their investment in Sarbanes-Oxley compliance by making it part of a larger exercise that looks at firm-wide processes and controls, and not just those surrounding financial reporting, writes Clive…
Prebon sets up coal desk
London-based broker Prebon may have failed in its bid to lure three coal traders from fellow broker Icap, but it is continuing to build a coal team. In mid-May, Sharon Millar, who previously traded paper and physical coal at UK utility RWE Innogy, joined…
Analysts learn to live with CP-205
The Financial Services Authority’s (FSA) new rules governing conflicts of interest in investment research could spawn a cottage industry in interior design tailored for research teams in dire need of CP-205 compliant office layouts. The CP-205 working…
Providus launches RiskResolve 3.5 to boost internal controls
Nashua, NH – Providus, a risk management and regulatory compliance services provider based in New Hampshire, has launched RiskResolve 3.5 – an operational risk management (ORM) solution that enables real-time detection and correction of risks and control…
Coulter considers risk concentration
In a wide-ranging speech at the International Swaps and Derivatives Association annual meeting in Chicago at the end of March, the vice-chairman of JP Morgan Chase, David Coulter, considered why there were continuing questions raised over the role of…
Covenants: crisis of confidence
Financial covenants that rely too heavily on ratios are just not sophisticated enough to predict the likelihood of default, argues Sarah Woo . Loan originators must learn a trick or two from their colleagues in portfolio management and develop…
The Enron effect
Lawsuits filed by investors in Enron against two of the fallen energy giant’s arranging banks, Citigroup and JPMorgan, have called into question the very structure of investment banking in the US, as John Hintze discovers
Price wars
Ferc is preparing to analyse the results of its survey on energy price reporting.But the American Public Gas Association is concerned that a voluntary reportingscheme cannot guarantee reliable indexes. By Paul Lyon
Heroes or cowboys?
Banks and energy companies alike are sceptical about the role that hedge fundsplay in energy markets. Are they really an aid to market stability, or is theirpresence compounding market volatility? Paul Lyon reports
Simulating spots
Abstract: The use of Monte Carlo simulation is becoming increasingly importantin energy trading and risk management. Here, Les Clewlow and ChrisStrickland present the first in a series of articles looking at the implementation of simulationtechniques and…
Nord Pool’s back-up
Nord Pool Clearing is the first pure electricity clearing house to obtain capitalsupport through insurance to cover defaults by its trading counterparties. Areenergy companies set to follow suit? Joe Marsh reports
The cost of optimism
Petroleum engineers and financial regulators have never spoken the same language,as the recent Royal Dutch/Shell debacle has shown. And this has led to confusionover state oil reserves. By Maria Kielmas
The waiting game
The Italian power market has finally opened to competition, but how long willenergy users have to wait until they can trade on the new electricity exchange? Joe Marsh reports