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Interest rate derivatives house of the year: Citadel Securities
Swaps market outsider changes the way the game is played
Trading technology product of the year (buy side): Algomi
Vendor signed up 150 buy-side clients in 2015, offering them a peek at previously hidden bond flows
Fixed-income trading platform of the year: UBS
Firm prices saw 'real end-users' flock to Bond Port in 2015
Currency derivatives house of the year: BNP Paribas
French bank prospered despite Swiss franc surge, renminbi devaluation
Single-dealer platform of the year: Citi
Clients praise the US bank's Velocity platform for weathering the Swiss franc storm
Credit derivatives house of the year: Citi
Single-name CDSs still have buy-side fans and many have come to see Citi as the go-to dealer
Sef of the year: trueEx
Start-up Sef enjoys a breakthrough year by offering unique post-trade tools to the buy side
OTC client clearer of the year: Citi
Bold decision to sacrifice margin income put Citi’s OTC clearing business on firm footing
Credit portfolio manager of the year: Lloyds Bank Commercial Banking
Revamped CPM team plays key role in boosting sub-par returns
Law firm of the year: Cadwalader, Wickersham & Taft
US law firm proposed relief to Tob programme, and won mandate to develop rule change
Goldman names new head of US power trading
Other commodities moves at BTG Pactual, EDF Trading, Javelin and Munich Re
Risk management: Energy trading systems
Introduction
Cyber risk, FRTB and Solvency II
The week on Risk.net, January 15-21, 2016
Cyber risks are silent, deadly and often mundane
Fear of submarine-like attack overshadows more dangerous, less scary cyber threats
Top 10 Operational Risks for 2016
Risk.net presents the Top 10 Operational Risks of 2016, as chosen by risk practitioners
Managing the secured versus unsecured basis risk: Hedging with a secure benchmark
Sponsored feature: Eurex
ETRM systems emerge as the cockpit for business
Risk management: energy trading systems
Leading the way in the risk management (r)evolution
Sponsored feature: Prometeia
Nasdaq appoints Adena Friedman as chief operating officer, and other recent job news
Other news: Oric International; Investors Bank; Deutsche Bank; Aldermore; Ally Financial; Systemic Risk Council
CCPs, CSAs and the legacy of Enron
The week on Risk.net, January 9–15 2016
Enron’s California schemes haunt regulators 15 years later
Failures of first liberalised US power market still shape Ferc anti-manipulation agenda
Variation margin, DVA and a look back at 2015
Three weeks on Risk.net, December 18, 2015–January 8, 2016
Morgan Stanley loses three in forex and one quant
Morgan Stanley loses four staff in US; Barclays forex head departs; Citadel adds CDS trader; and more
Cutting Edge introduction: No more shortfalls?
Academics develop expected shortfall backtest to compare standardised and internal models