Feature
Tailoring internal models
Risk models
Mark-it Partners puts it all on Red
Deutsche Bank, Goldman Sachs and JPMorgan are negotiating the sale of their credit derivatives reference entity database, Red, to UK credit risk data company Mark-it Partners.
Securities trading could be money laundering tool
PARIS — Securities trading is a potential mechanism for money laundering, the Financial Action Task Force (FATF) said in February.
Seam shifts in central Europe
Gordon Feller looks at the changing coal economies of Bulgaria, the Czech Republic and Slovenia and the effect of electricity sector moves in the region
Op risk charge flawed, says State Street
WASHINGTON, DC - "It is difficult to see how a regulatory operational risk-based capital rule would have promoted the financial system’s rapid recovery on 9/11," said David Spina, chairman and chief executive officer of State Street Corporation, the…
Profile: SEB strives for total operational risk acceptance
STOCKHOLM, Sweden — Within the discipline of operational risk, it's often fancy mathematical models and souped-up databases that executives choose to focus on. But Lars Hansén, manager of Swedish financial company SEB's group op risk team, says it's the…
What's coming, and when
This article covers significant dates over the next couple of months from an international, European, UK and US regulatory perspective.
SPV Ruling: Counting the cost
The recent crop of high-profile accountancy scandals has forced the US accounting regulator to clamp down on the 'creative' use of special purpose vehicles to shift liabilities off balance sheet. Saskia Scholtes investigates the ramifications for firms…
Meeting Basel II head on
Profile
Universal hedging
Comment
Job moves
People
STP - Morgan Stanley Speeds FIX Monitoring
To better manage exposures, the firm realized traffic running through its electronic trading network had to be monitored in real time.
Citi triumphs in Asian CLS
TAIWAN — Citigroup appears to be winning the battle for third-party CLS business in Asia.
Diary Of A Data Center Relocation
After Sept. 11, Prudential Financial modified its disaster recovery plan. That modification involved closing its center in New York and opening one in Pennsylvania.
Nybot Plans for 'Triangular' Continuity
NEW YORK — The New York Board of Trade (Nybot) will apply a "triangular" approach to business continuity—a weaving together of primary, on-site and remote disaster recovery data centers—as part of its relocation to Lower Manhattan, officials said last…
The SEC's E-mail Crackdown
Broker-dealers say vague wording in SEC rule 17a-4 will make compliance with the rule unnecessarily costly and burdensome.
The CLS age dawns
Introduction
Serving the pension funds
Introduction
Propping up returns
Proprietary trading
FiXing op risk
Technology
Assessing views
Portfolio management
A hedge fund by any other name?
Regulation
Quantifying the op risk in investment fund valuation
Operational risk