Technology
GFI and Lombard launch credit derivatives mark-to-market partnership
Inter-dealer broker GFI said today it has formed a new credit derivatives pricing alliance with Lombard Risk Systems, a London-based risk management technology company.
Astin selects Reech for hedge fund risk monitoring
Astin Capital Management, an independent UK hedge fund manager, has selected London-based financial software provider Reech Capital to provide its risk monitoring service.
Prebon builds bridge to SwapsWire
Institutional broker Prebon Yamane is going live this week with a system, developed in-house, that allows traders to have direct links to the SwapsWire online platform, according to officials at the firm, based in London. Swapswire, owned by a consortium…
Simplex Technology adds credit derivatives module
Japanese financial software firm Simplex Technology plans to introduce credit derivatives capabilities to spDeriv, its interest rate and foreign exchange derivatives trading platform, according to Mitsuru Igarashi, senior managing director at the company…
Hungarian utility selects KWI for trading and risk management
MVM, one of Hungary's largest electricity wholesalers, has signed up to use KW3000, the energy trading and risk management system developed by London-based energy risk management software company KWI.
BBH upgrades web platform for investors
US custodian Brown Brothers Harriman (BBH) went live with the upgrade of its web-based currency trading service FX WorldView last week, Brenda Kerins, head of FX e-commerce at BBH in New York told RiskNews' sister publication FX Week .
Abbey National signs up to Datasynapse's LiveCluster service
Abbey National Treasury Services has signed up for LiveCluster, a computer infrastructure software product developed by New York-based trading technology vendor DataSynapse. The UK bank will use the software to enhance the computation of its capital…
Riskmetrics aims for hedge funds
Peter Davies, recently appointed vice-chairman of New York-based risk management vendor Riskmetrics, has said the alternative investment industry - specifically hedge funds and funds of funds - is an area of focus for the company.
Deutsche to roll out electronic bond platform in Thailand
Deutsche Bank’s global markets business unit plans to roll out its eCommerce bond and credit note trading platform in Thailand by the end of the month. Called ‘Autobahn’, the platform will trade Thai government bonds via Bloomberg terminals. The move…
IDC acquires Meridien Research
IDC, the technology and e-business research subsidiary of IDG, the Boston-based technology media and conferences company, has acquired Meridien Research, a Massachusetts-based firm specialising in risk and trading technology, customer relationship…
Sponsor's article > Basel II and pro-cyclicality
The main argument for making regulatory capital requirements more risk-sensitive is to improve allocational efficiency. But this may lead to intensified business cycles if regulators fail to take measures to prevent such an impact.
Sponsor's article > Credit derivatives: will the market keep expanding?
This article aims to give a brief overview of some of the main trends in the credit derivatives market and also proposes to analyse some of the underlying reasons why this market is experiencing such a boom.
Sponsor's article > Preparing for Basel II - how urgent?
Delays in Basel II have lulled many into complacency. But despite lack of final details for the regulations, David Rowe argues it is not too early to begin planning and initial implementation.
Pinching the systems penny
Trading technology
CreditTrade plans to offer web-based data service
CreditTrade, the London-based interdealer-broker and provider of credit derivatives data, plans to launch a new web-based data service, CreditTrade Insight, early next year.
BoA launches new China receivables capability
Bank of America Global Treasury Services (GTS) has launched a new receivables platform aimed at boosting its China cash management capabilities. The China receivables services will offer clients a renminbi collections services from the end of the month.
A cooling environment
Convertible bonds
Landesbanken's operational risk management tool
Many German banks lag behind their peers when it comes to operational risk management. The proposed new international bank capital accord, Basel II, which - for the first time - stipulates a separate capital charge for operational risk, has put the topic…
Tracing Transparency
Corporate bond traders are hesitantly embracing greater transparency and trying to figure out how to use it.
Budgeting for 2003
Deutsche Bank, Merrill Lynch and State Street outline how next year's budget will be spent. For starters, it will be spent cautiously.
Diversification of Morgan Stanley
One year after Sept. 11, Morgan Stanley contemplates a simple thought with complex repercussions: Don't put all of your eggs in one basket.
Legg Mason Gets a Leg Up on Disclosure
Baltimore-based Legg Mason is one of the first firms to tap software to comply with NASD Rule 2711 about disclosing conflicts of interest.