Infrastructure
MSCI hedge fund index offers 10% better return than equities
Morgan Stanley Capital International (MSCI), the provider of benchmark indexes for financial institutions, has released the first performance data for its newly established family of hedge fund indexes. The results were compiled from back-dated data…
LCH and x-clear to launch pan-European CCP next year
The London Clearing House (LCH) and Swiss central counterparty (CCP) x-clear are to launch a pan-European CCP structure in March 2003 for pan-European cross-border equity exchange virt-x.
DePfa implement complete Basel II compliant risk manager
DePfa Bank has completed the implementation of the Kamakura Risk Manager suite having purchased the license in late 2001. The system is the first to completely integrate credit risk, market risk, asset and liability risks and meets the needs of Basel II.
TD Securities to upgrade derivatives trading and risk system
TD Securities, the wholesale banking arm of TD Bank Financial Group, has teamed up with NumeriX, a provider of exotic derivatives data and analysis, to upgrade its trading and risk management system.
Raft International
Technology
Sapient
Technology
Speedwell Weather Derivatives
Technology
Parkway will open its global macro fund in July
fund aims to take advantage of change in economic cycle
Insurers embrace risk systems
Insurance companies have been slower than banks to adopt advanced risk modelling techniques and technologies. But regulatory changes and business exigencies are spurring them to adopt a new generation of risk and capital management systems.
IMF seeks scrutiny of insurers' credit risk
The International Monetary Fund (IMF) says greater information about insurers' financial markets activities – including credit risk transfers – is needed before their implications for financial stability can be clearly ascertained.
CLNs come of age
Technical
Bondholders versus shareholders
Sponsored article
Equity poses the big questions
Roundtable
European telcos: mixed signals
Credit of the month
Thomson launches Global Watchlist
TECHNOLOGY NEWS
FXall and FXpress plan STP link
TECHNOLOGY NEWS
Isda seeks industry help to develop FpML
TECHNOLOGY NEWS
The Basel II capital accord: op risk proposals in brief
BASEL II UPDATE
Fully operational
Modeling, measuring and hedging operational risk by Marcelo Cruz Wiley Finance 330 pages, £49.39 ISBN 0-471-51560-4