Deliberate provocation


Cambridge financial policy professor Lord Eatwell launched OpRisk Europe 2008 with a bang - delivering an explosive address on the relationship between risk and regulation. As his speech gave way to questioning by the packed audience, Eatwell confessed: "You may have noticed that I was trying to be provocative."

Eatwell, who is also the director of the Cambridge Endowment for Research in Finance, asked the audience: "Why do we regulate at all? Why is there, on the basis of this analysis, any

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Calibrating interest rate curves for a new era

Dmitry Pugachevsky, director of research at Quantifi, explores why building an accurate and robust interest rate curve has considerable implications for a broad range of financial operations – from setting benchmark rates to managing risk – and hinges on…

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