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Trac-x gains market maker support
BNP Paribas has signed up to make markets in the Trac-x Europe credit default swaps index initiative established by JP Morgan Chase and Morgan Stanley. Other major dealers are also looking into offering market making services in Trac-x products, with…
The Journey to the Golden Copy
You'll need a map to help create a golden copy of data - and to maintain it.
Basel II securitisation treatment too harsh, says Fitch
The treatment of securitisations under current proposals in the Basel Committee on Banking Supervision's Basel II capital Accord is likely to be "overly punitive", according to credit rating agency Fitch.
Risk management and data "are critical success factors" in insurer ratings, says Moody's
US-based rating agency Moody's says "the quality of data and risk management are growing in importance as success factors" for insurance companies, and as a result it is putting additional emphasis on these areas when reviewing a company, according to a…
Basel II securitisation treatment too harsh, says Fitch
The treatment of securitisations under current proposals in the Basel Committee on Banking Supervision’s Basel II capital Accord is likely to be “overly punitive”, according to credit rating agency Fitch.
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.
Compliance: Widening the net
In this article on anti-money laundering, Dominic Nixon and Rohan Bedi from PricewaterhouseCoopers analyse the changes to the Financial Action Task Force recommendations, and how they will affect Asia's financial institutions.
Basel II may prompt mortgage market consolidation
The Tower Group, a US-based consultancy, has just published a report that says the Basel II capital Accord may prompt the consolidation of mortgage lenders in both the US and EU markets, and improve pricing in mortgage instruments.
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
FSA's decision not to relax marketing rules for retail investors disappoints
open-ended retail hedge funds still not FSA authorised
Band of brothers
Some companies are assessing the need to share pooled information to manage clients more effectively, but the idea is unlikely to be welcomed by hedge funds
Maintain the flow
Hedge fund of fund managers wishing to use capital guaranteed products will need to keep a close eye on their portfolio's liquidity
Soros to implement collateral management trade solutions
Algo Collateral system to provide derivative margining
Weighing up the credit risks
As the interest in credit derivatives grows, we unravel some of the technical applications of such products
From dawnay to dusk
The manager of Dawnay Day's Olympia Global Hedge fund has worked hard to keep the strategies similar to the Olympia Star fund