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Responding to regulatory change in Apac – Part 1 of 3
How can firms turn compliance into a source of competitive advantage?
People moves: Bank of America names new Apac chiefs, Wilkinson leaves LGIM, Lloyds loses Coutte, and more
Latest job changes across the industry
A layer above – Gauging cloud’s latest promise for financial services applications
Cloud technology’s presence is booming, though few firms are cloud-native and its adoption has mainly been incremental. IBM undertook a survey in association with Risk.net exploring themes such as firms’ general progress towards cloud transformation, in…
Active ETFs – The next step in Asia’s ETF innovation
The exchange-traded fund space has long been dominated by passively managed funds, but active ETFs are gaining popularity among investors and issuers. Although active ETFs are not yet a mainstream investment instrument, their growing investor interest is…
Aussie banks: a right Royal mess
Misconduct probe sparks board changes and bout of introspection at Big 4
We need to talk about Collins
Standardised capital has become the binding constraint for all US G-Sibs bar Goldman and BNY Mellon
Swaps data: SOFR volume and margin insights
Data shows recent leap in SOFR trades – and hints at growth in synthetic swaps
SOFR problems, FRTB and ethical AI
The week on Risk.net, February 2–8, 2019
triCalculate and Jon Gregory discuss the current state of play for XVA
An excerpt from a discussion between triCalculate's co-CEO, Martin Engblom, and XVA (valuation adjustment) expert Jon Gregory in which they discuss the current state of play for XVA. Our experts provide professional insight on topics such as credit…
Credit data: falling default risk for China’s banks
Economic data may be relatively gloomy, but default probabilities for lenders fell sharply last year
Fundamentals fuelling smart beta in China
As Chinese equity markets mature and become increasingly driven by fundamentals, the time is right for international investors to invest in smart beta strategies, say Vincent Yam, head of trading, and Weiwei Wang, senior derivatives trader at Guotai…
Libor, G-Sib charges and Metro Bank’s risk errors
The week on Risk.net, January 26–February 1, 2019
Calling out autocallable pricing
Quants show popular autocallable pricing technique has a flaw that has been ignored until now
Blazing new analytical paths: Tackling data aggregation for new risk insights
As the risk function’s influence continues to grow within financial services firms, demand for quality integrated risk data to support a wider range of business-critical decisions is stretching the capabilities of existing technology to breaking point. A…
Data mining, machine learning and problems with autocalls
The week on Risk.net, January 19–25, 2019
Transition management provider of the year: Northern Trust
As pension plans increasingly focus on the underlying costs and fees involved in managing their money, opportunities for transitions have shifted. Northern Trust is standing out by offering customised transition solutions for clients and stakeholders in…
Dabbling in data science won’t cut it
Banks are seeking data-led boost for research arms – only a few will succeed
Asia moves: Nomura boosts Asia ex-Japan, Bank of America picks two Apac co-heads, and more
Latest job changes across industry
Volcker, US repo and the risk-advisory robot
The week on Risk.net, January 12-18, 2019
Podcast: Kenyon and Berrahoui on the pitfalls of PFE
Quants propose replacement to existing credit risk measure
A tale of two CCPs
Nasdaq and Ice breaches carry warnings for the market
Does credit risk need an expected shortfall-style revamp?
Quants propose tail risk-sensitive measure for counterparty credit risk
Capital changes, Ion and post-Libor vagueness
The week on Risk.net, January 5–11, 2019
Credit risk quants are hitting the tech gap
An appetite to cut the costs of IRB is constrained by tougher regulatory scrutiny