Trading systems
Linear, yet attractive, Contour
Banks’ Potential Future Exposure models are at the core of the advanced EAD (Exposure At Default) approach to capital requirements for credit risk considered in the New Basel Capital Accord. Juan Cárdenas, Emmanuel Fruchard and Jean-François Picron look…
Emerging markets ramp up
Asset and liability management systems sales continue to be strong in the US and Europe, thanks to Basel II preparations. But it is in the emerging markets that vendors say strong sales growth will come in 2002.
Basel II sets the pace for operational risk reform
Basel II is set to come into play in 2005, bringing a host of opportunities for vendors along with the new framework for banking supervision. Andrew Partridge examines the potential and some of the challenges for the suppliers and users of financial…
Linear, yet attractive, Contour
Technical
Software survey 2002 |
Some online risk management products failed to live up to expectations last year, but software vendors forge ahead, developing products that support fast-growing markets such as credit derivatives and CDOs, and tools to help banks meet Basel II…
A major improvement
In May, David Rowe wrote that the Basel Committee ‘could do better’ with respect to the inclusion of operational risk in the capital Accord. Here, he says the working paper the committee published in late September outlines a major and valuable…
A wider view of risk
Enterprise-wide risk
Prime brokerage on Currenex by close of year
Currenex, the online global currency exchange, will make available prime brokerage services to members of its FXtrades forex platform by the close of 2001, according to Lori Mirek, the firm’s New York-based president and chief executive officer.
OpenLink establishes Berlin office
OpenLink, a US-based financial and energy trading risk management solution provider, plans to set up an office in Berlin, in order to consolidate its eastern European client base and better serve central European clients.
KWI and Sapient team to offer energy risk management
London-based energy trading and risk management systems provider KWI has teamed with technology consulting firm Sapient to jointly market their products to the energy industry.
SunGard creates real-time credit risk analytics
SunGard Trading and Risk Solutions, a unit of US technology provider SunGard, has built a new credit tool that can offer traders access to virtually real-time risk exposures.
Banking on progress
Technology
Rolfe & Nolan removes Lodge as CEO
UK derivatives systems vendor Rolfe & Nolan has ousted its chief executive officer, John Lodge, as part of an effort to boost confidence among its customers and shareholders. The company, which has seen its share price plunge over the past two years,…
Currenex snares Caterpillar
Manufacturing firm Caterpillar Independent has started using the FXTrades platform provided by multi-bank FX portal Currenex to support its FX operations.
Risk suppliers rise to Basel challenge
Risk management software suppliers will need to improve their products to meet the demands of Basel II.
Frozen in time
David Rowe believes the Basel Committee on Banking Supervision is perpetuating obsolete standards of risk measurement.
Basel’s flawed paradigm
David Rowe suggests some important tweaks to the new Basel Capital Accord, if it is not to be viewed as reflecting an obsolete definition of capital adequacy.
Boom or bust for risk consultants
Basel capital reform should mean a lot more business for risk management consultants. But a shortage of the right specialists could prevent them from cashing in.
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Sungard's Infinity Acquires OSM For Collateral Management
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