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In October 2005, a group of 14 major dealers - which would eventually evolve into the Operations Management Group (OMG) - sent a letter to the Federal Reserve Bank of New York and other regulators, outlining a list of targets to improve the infrastructure of the credit derivatives market. The co-ordination effort among banks formalised the process of raising operational standards in the over-the-counter derivatives market, with seven subsequent letters establishing targets for all asset classes

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Next-generation technologies and the future of trading

At a Risk.net webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

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