Technology
Boom or bust?
In volatile markets, technology must enable managers to navigate these difficult conditions. Can the current systems feed the market?
Finland’s Oko Bank selects Misys for OTC derivatives
Oko Bank, the central bank for Finland’s co-operative banking community, will extend its use of London-based Misys International Banking Systems’ Opics solution to cover regulated and over-the-counter (OTC) derivatives activities.
The future of technology
Sophie Radnor speaks to Gavin Lavelle, president of Panorama at Sungard
Smartstream launches ETC application
Smartstream Technologies, the London-based provider of reconciliation and trade confirmation management solutions, plans to let fund managers create electronic notification of trade execution through its latest electronic trade confirmation (ETC) module,…
Innogy subsidiary to use kW3000 risk management tool
Npower Northern Limited, a subsidiary of energy supplier Innogy, has chosen to use London-based KWI's kW3000 trading and risk management product.
Temenos signs new contracts with Mellon, TIB and Techcom
Swiss-based financial services vendor, Temenos, has signed US-based Mellon Financial Corporation, Russia's Trust and Investment Bank (TIB) and Vietnam-based Techcom Bank to roll out its integrated banking software suite, Globus.
Oil giants look to gas and power trading
Despite the fall of energy trader Enron, Shell and BP are both seeking to develop their wholesale trading side, and have selected Tibco’s systems to help them do so. By Don Stowers
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…
Op risk modelling evolves
Operational risk is devilishly difficult to model, but dealers and software vendors are making headway. Automated op risk reporting, profiling and sophisticated operational value-at-risk (VAR) modelling are finally beginning to catch-on in banks.
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
Fighting fat-finger syndrome
TECHNOLOGY
Swift moves a step closer to STP
TECHNOLOGY NEWS
Job moves
QUOTE OF THE MONTH: - “The FSA has successfully put the fear of God into senior managers” Simon Gleeson, a partner in the regulatory group at Allen & Overy in London, on the FSA’s new unlimited liability rules for risk management errors Source: RiskNews,…
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…