Opinion
On derivatives and quants
Alexander Lipton on how the role of quants is adapting to the new financial environment
Brexit, hedging costs and the SMA
The week on Risk.net, June 17–23, 2016
The fault lines in Europe's Solvency II compromise
Row over calculation of discount rates exposes political differences
Brexit or Bremain: looking for clues in bubble analysis
Crisis analysis model suggests rates and credit markets see danger
Weighing criticism of the SMA reveals a lack of balance
Operational risk managers are becoming unusually excitable, with some justification
Standardised CSAs: no longer a matter of choice
Dealers again seeking simpler terms after 30% drop in non-cleared notionals
Benchmark misery will continue to plague banks
Index rigging caused $574 million of op risk losses in May, writes Megan van Ooyen from SAS
Margins, OpRisk Europe and the pushback against Basel
The week on Risk.net, June 10–16, 2016
Regulators must scrap T+1 timezone tax
Settlement cycles for non-cleared margin rules must be extended
Myths and realities of cyber security
A fund’s biggest risk may be a hacker’s access to its investors’ information
SMA, CCAR and structured notes
The week on Risk.net, June 3–9, 2016
Teetering on the brink of the ‘energy cliff’
Declining ERoEI – energy return on energy invested – is a worrying trend
Beware the hype around analytics
As energy traders make greater use of big data, lessons of the past should not be forgotten
Model risk, non-cleared swaps and Metro Bank
The week on Risk.net, May 27–June 2
Living wills and LVAR could help kill liquidity risk
When used with living wills, a new method may help banks quantify liquidation costs
Careless whispers have a cost
CFTC redefines insider trading for the swaps market
Fed data dependency backfires
Past year has seen huge change in formation of rate expectations
Change is the only constant in pricing swaps
Regulation is having unexpected effects on derivatives unwinds
Basel Committee’s CVA shocker ignores trade-offs
Ditching own models for CVA risk is too binary and eliminates possibility of further dialogue
Central clearing, the CFTC and TLAC
The week on Risk.net, May 20–26, 2016
CCAR as a powerful business and risk management tool
Firms should use stress testing to challenge assumptions
Trust in clusters: a new approach to stress testing
Search for plausible stress scenarios leads Natixis risk managers in a new direction
Blockchain, Brexit and Libor
The week on Risk.net, May 13–19, 2016
Leverage puts hedge funds in the systemic-risk spotlight
Regulatory attention shifting to hedge fund users of derivatives