Feature
A question of funding
Liquidity risk
Getting off lightly
Securitisation
Setting the stage for 2008
As 2007 draws to a close, the Energy Risk team asked market participants what they regard as the most influential events of 2007 and how these are likely to shape market behaviour in 2008. By Stella Farrington with additional reporting by David Watkins
Solid foundations?
In a recent landmark step, India's power regulator has given 'in principle' go-ahead to the setting up of a power exchange in India. However, there is discomfort amongst potential participants over some of the regulator's plans. Rakesh Singh of Wipro…
Will they weather the storm?
The weather derivatives market saw record volumes in 2006, but these declined sharply into 2007. Evan Koster, David Cohn and Nicholas Rock of Dewey & LeBoeuf look at where the weather market, now 10 years old, may go next
The future arrives for renewables
The emerging market in renewable energy futures is expected to lower the cost of financing renewables and smooth out the volatility often encountered when running intermittent renewable resources, such as wind and solar. Catherine Lacoursière investigates
Winding down
Prepayments
What happens next?
As a steady stream of analysts and industry experts continue to issue dismal forecasts for US house price appreciation, adjustable rate mortgage resets and the broader economy as a whole, Ajay Rajadhyaksha, head of US fixed income strategy at Barclays…
The tough go shopping
Investors
Surface tension
Swaps
Rise and fall
House price movements are set to become the dominant factor determining what US mortgage banks lend in future. Understanding house price appreciation and modelling it accurately has never been so critical. William Rhode reports
First in the firing line
Regulation
The Big Interview: Ian Bell
S&P's European structured finance head defends the agency over accusations that they could have done more to anticipate this summer's crisis. He talks to Matthew Attwood
The flight to quality
Global bond investors are seeking out the highest-rated sovereigns amid the liquidity freeze. But, while the investment-grade corporate markets stall, emerging market debt is proving remarkably resilient. By Daniel Andrews
Roundtable: Sounding out the buy side
With the markets still reeling from the liquidity crisis, Credit gathered together three luminaries from the buy side to discuss the effects of the summer slowdown and, more importantly, how things will pan out over the next few months
Gridlock in CDS confirmations
As if banks haven't got enough to worry about, new data from Markit Group shows that the amount of unconfirmed credit derivatives trades has increased sharply, to levels not seen for around two years. Simon Boughey reports
It takes two
In the March 2007 edition of OpRisk & Compliance, Glenn Christensen of Synovus outlined the first part of his firm's two-pronged enterprise risk management methodology. Here, he describes thesecond part, and has some new findings and techniques to share
To be continued...
Business continutity planning is high on the agenda for financial services firms. For the first time, OpRisk & Compliance has surveyed the market to identify the leading BCP providers. Victoria Pennington presents the results
ABI risk database covers investment
MEASUREMENT
The top 10
OpRisk & Compliance outlines the top 10 challenges readers and their firms will face in 2008. By David Benyon, with additional reporting by Ellen Davis
HSBC's Raptor to sink teeth into card fraud
COMPLIANCE TOOLS
The gathering storm
The popularity of internet banking continues to grow, but so does cyber crime. Peter Madigan explores the security challenges for institutions active online and finds US regulators could be doing more to keep the banking public safe
A call to action
The global credit crunch shows just how much the world's financial services firms need to raise their game when it comes to risk management, says Charles Dallara, managing director of the Institute for International Finance. By Ellen Davis