Infrastructure
Regulatory briefs
REGULATORY UPDATE
05/01/03
LOSS DATABASE
Twist focuses on commercial payments
TECHNOLOGY NEWS
Congress demands ratings report from SEC after no-show at hearings
REGULATORY UPDATE
Buffett, buy-in and Basel at Isda AGM
New angles
Hungary’s forex dilemma
New angles
Default swaptions: the next frontier
Cover story
Is 8% for all seasons?
Risk analysis
The leading stories from RiskNews
RiskNews
Cargill: cultivating growth
Agribusiness hedging
Job moves
People
TriOptima terminates €420 billion in rate swaps
The delayed first run of TriOptima’s swap tear-up service, TriReduce, eliminated 7,880 euro-denominated interest rate swaps with a notional value of €420 billion – or about a fifth of the notional value of the credit derivatives market.
The Journey to the Golden Copy
You'll need a map to help create a golden copy of data - and to maintain it.
NYSE Pushing Firms to Store IMs
The use of instant messaging (IM) at trading firms has reached a watershed point, and the popular method of communication is about to fall under regulatory scrutiny on May 2, when the SEC rules 17a-3 and 17a-4 concerning the retention of broker records…
RWE deploys Trema to integrate treasury and asset management operations
German utility powerhouse RWE plans to extend its straight-through processing (STP) capabilities across its global subsidiaries using front, middle and back office integrated software from Swedish technology company Trema.
Taking it slow
Hong Kong's banks are, for the most part, targeting the standardised approach outlined in the new Basel capital Accord, but it is hoped that this will act as a catalyst for the further improvements in risk management.
Japanese banks: Turning up the heat
Japan's banks have faced a gruelling few months in the run-up to the fiscal year-end, with a plunge in equity prices putting severe pressure on capital ratios. But a further crisis may be just around the corner, writes Nick Sawyer.
Growing potential
Products that are compliant with Islamic law have the power to break into a market where the western world can reap the benefits
Working in tandem
The insitutionalisation of the hedge fund industry has strengthened administrators' guiding principle ' to provide an honest interface between fund and investor
Duke exits North America prop trading
Duke Energy has closed its proprietary trading business at its North American merchant energy businesses, Duke Energy North America (DENA) and Duke Energy Merchants (DEM). The move by the Charlotte, North Carolina-based energy company was not entirely…
Exceptional operational risks: Three myths debunked
Are there common features among exceptional operational risks beyond their defining characteristics of rarity and severe consequences?
Isda AGM: Buffett’s criticisms of the derivatives market rebuffed
A wide range of leading derivatives practitioners attending the International Swaps and Derivatives (Isda) annual general meeting spoke out against last month’s comments by US investor Warren Buffett, in which he compared derivatives to “weapons of mass…
Buy side slow on FpMLtake-up
LONDON - One would be forgiven for thinking that Financial Products Mark-up Language (FpML) is another information exchange standard that has been superseded or has simply run out of steam, given the protocol's low media profile in the wake of the…
Derivatives disclosure calls mount
Warren Buffett's stinging critique of the derivatives business in March represents the latest call for more derivatives disclosure. But despite some notable moves in this direction, most financial institutions remain stubbornly opaque.