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Sponsor's article > Basel II: time for action

Despite some lingering issues, the main points of contention around the revised Basel II capital Accord have been resolved, and implementation seems more certain than it has for several years. David Rowe argues it is time to stop hoping it will go away…

Bloomberg and Cognotec partner on streaming FX rates

Bloomberg is bringing streaming foreign exchange rates to users of its Bloomberg Professional terminals, courtesy of a joint venture with forex vendor Cognotec, the two firms will announce today, reports RiskNews’ sister publication FX Week .

Quantifying operational risk

This is the fifth of Charles Smithson's latest series of Class Notes, which will run in alternate issues of Risk through to the end of 2004. Class Notes is an educational series, designed to pull together the threads of recent developments and thinking…

Sponsor's article > Basel II: change is good

Basel II is an opportunity for banks to modernize and upgrade their risk practices, policies and technology to manage risk in a holistic fashion. Alliance & Leicester, a UK based financial institution with assets of over €55 billion, took early advantage…

The Monte Carlo mindset

There is a rich seam to be mined in the provision of tools to calculate counterparty credit risk. Clive Davidson looks at what's on offer so far, and what could be coming on to the market.

VAR: ready to explode?

The SEC plans to force US securities firms to tighten up their value-at-risk reporting. Its decision comes as VAR at the world’s leading financial services firms soared an average 25.8% last year. Who are the biggest risk-takers, and are risk managers…

Meff creates risk tool

Meff, the Spanish derivatives exchange, has developed a software tool that enables users to calculate risk that takes into consideration the worst scenario resulting from a customer or account’s open position plus the combination of live orders, reports…

Only a Drill

On a clear day in May, financial firms simulated a worst-case scenario for an industry trying to prepare for the next 9/11.

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