Opinion
SOFR, leverage and life after London
The week on Risk.net, July 14-20, 2018
Why robo-advisers need artificial stupidity
Smarter algorithms can’t stop us making bad investment decisions – yet, writes Andrew Lo
Digital offices, Brexit swaptions and forex derivatives
The week on Risk.net, July 7-13, 2018
A real-life stress test for CCP margin
Thanks to standardised reporting, we can track how clearing houses’ risk profiles have changed over time
‘People who bought this swap also bought Apple’
Dealers hope personalisation algos will help them cut sales costs, but data gaps could be a problem
Swaps data: the big get bigger in cleared swaps
First half of 2018 sees strong growth in cleared OTC derivatives volumes, writes Amir Khwaja of Clarus FT
Credit data: default risk still growing for Italy’s banks
Despite a drop in the bad loan ratio, default estimates continue to rise, writes David Carruthers of Credit Benchmark
Data mining, machine learning and rival discount rates
The week on Risk.net, June 30-July 6, 2018
Swaptions vol modelling tweak opens up pricing possibilities
Nomura quant proposes local volatility model that can directly calibrate to swaption smiles
Op risk data: SocGen suffers twin blow with Libor, Libya losses
French bank takes top two slots in monthly loss data roundup. Plus review of H1 losses. Data by ORX News
Bank boards: goodbye to the prawn sandwich brigade?
Focus on personal liability makes risk committees a more effective challenge, say banks
Implementing Basel III – the view from Europe
EU approach to new credit risk framework must recognise local market structures, say banking experts
If regulations don’t bend, they’ll break
Financial regulation should be adaptive, not reactive, argues Andrew Lo
Risk committees, basis risk and Emir
The week on Risk.net, June 23-29, 2018
No escape from climate change tail risks
Harsh decisions need to be made on the future of energy financing now, before we run out of time
Machine learning, stress tests and Sonia
The week on Risk.net, June 16–22, 2018
Compliance must keep pace in AI arms race
Bank compliance departments’ computational firepower must be a match for trading desks, says expert
Eonia, Libor and other benchmark problems
The week on Risk.net, June 9-15, 2018
Citi’s CRO, BNP’s regulatory windfall and a new market correlation
The week on Risk.net, June 2-8, 2018
Op risk data: Mexico bank hack fuels global payment network fears
Also: roundup of monthly loss data sees Wells Fargo in top slot for second month running. Data by ORX News
Asian NDF fixings threat signals yet another deadline drama
Extraterritorial reach is not new to region, but EU Benchmarks Regulation poses real risks
Credit data: ‘dirty diesel’ woes weigh on autoparts firms
Auto supplier default risks have jumped, as environmental concerns hit prospects for diesel vehicles, says David Carruthers of Credit Benchmark
How machine learning could aid interest rate modelling
Standard Chartered quant proposes machine-learning technique to better capture rate dynamics
Energy transition: adapting to the unknown
Uncertainty surrounds the oil industry at every step in the transition to a more diversified energy market, energy experts write