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Unblocking the balance sheets
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Goldman launches swaps platform
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Time for transparency
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Shake-up for brokers
Broking
A new evolutionary path
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The dangers of complexity
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RiskNews
Unblocking the balance sheets
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Isda looks to past and future
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Eyes turning east
New angles
Polish power exchange chooses OMX software for trading and clearing
In a move to develop its electricity spot and derivatives market, the Polish Power Exchange (PolPX) will use the Condico system from Stockholm-based OMX, the owner and operator of the Swedish stock exchange.
Korean Air launches cargo receivables securitisation
Korean Airlines (KAL) has launched a cross-border securitisation involving all its future yen cargo receivables, the first transaction of its kind in Asia.
Sponsor's article > Is risk management dangerous?
Risk management has experienced such a remarkable rise in the past 15 years that some have begun to criticise its influence. These may be the complaints of those who bristle under its constraints. David Rowe argues that a recent more thoughtful critique…
Barcap adds Japanese inflation-linked bonds to global index
Barclays Capital is adding Japanese inflation-linked bonds (JGBi) to its global inflation-linked index at the end of April. This follows the Japanese Ministry of Finance saying it would give foreign investors access to the JGBi market from April 1,…
Time to get motivated on modelling
Lack of historical data is hampering financial firms from creating the type of op risk models they must have in place for Basel II compliance. By Oonagh Leighton
Sponsor's article > BNL Case Study: Improving Risk Control and Achieving Capital Savings
Today, with approximately 17,000 employees, 700 branches across Italy, an international presence to support its corporate clients, and a ranking within the top 50 of European banks in terms of market capitalization, Banca Nazionale del Lavoro (BNL) is…
Sponsor's article > Capitalia Case Study: Effective Integration of Market, Credit and ALM
CAPITALIA BANKING GROUP is one of the top five banking organizations in Italy with total assets of EUR155bn. Based in Rome, the group is the product of the merger of several leading Italian financial institutions over the last two years.
EEX set to compete with EXAA in Austrian spot power market
Austrian energy exchange EXAA will soon have competition for spot trading of physical power in its home market. From April 1, Austrian companies will be able to trade electricity for delivery to most of Austria directly on Germany's European Energy…
IPE-ECX carbon futures contract faces fierce competition
London’s International Petroleum Exchange (IPE) and the Amsterdam-based European Climate Exchange (ECX) are set to offer CO 2 futures contracts under the EU Emissions Trading Scheme (ETS).
New software solution from Protiviti
CHICAGO, ILLINOIS - Protiviti, the US-based consulting company formed by past partners of Arthur Andersen, has launched a new op risk software product. Protiviti enters a market-place that is in a state of evolution - although mergers are common, so are…
Providus offers new RiskResolve module
NASHUA, NEW HAMPSHIRE - Providus, the New Hampshire-based financial software firm, is planning to announce the launch of a new module for its RiskResolve product at the end of March.
A solid foundation
Germany
Basel Committee set to shift on counterparty credit exposures
The Basel Committee on Banking Supervision is likely to bow to pressure from the banking industry and change the way it deals with counterparty credit risk.
Editor’s letter
Editorial