Technology
Fitch/Algorithmics deal analysis
New York-based global ratings and risk management specialist Fitch Group has acquired Toronto-based enterprise risk management software supplier Algorithmics for $175 million.
Reducing risk through insurance
In this article, Silke Brandts describes a general algorithm for quantifying the risk-mitigating impact of operational risk insurance. She then presents a simple haircut approach to incorporate residual risks inherent in the insurance contracts into the…
HSBC provides clients with forex charting tools
HSBC has begun rolling out a web-based currency data charting application from UK vendor TraderMade to its corporate and investment clients. The application, called FX Charting, will support trading and hedging strategy decisions.
Barclays Capital wins derivatives house of the year in 2005 Risk Awards
Barclays Capital, the UK-based investment bank, scooped the prestigious Derivatives House of the Year Award in Risk magazine’s sixth awards for achievement in risk management.
Time for relative returns
performance measurement
Size counts...
remuneration
Caught short
Emission trading
WestLB goes live with Russian bond index
credit tech
SEC expands data warehousing capability
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Emerging markets failing to plug into AMA
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US publishes National Response Plan
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Has Asia got the balance right?
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Reuters joins bond trading revolution
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Weak results hasten JPMorgan exodus
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Fitch buys Algorithmics
New angles
Sourcing the single-system solution
As head of the Basel project office at Bank of New York, Nicholas Silitch faces the toughest challenge of his 20-year career at the bank.
Fitch to acquire Algorithmics
Fitch Group announced today that it is to acquire Algorithmics, a leader in enterprise risk management. The transaction, valued at $175 million, is expected to close in January 2005. The transaction is subject to customary regulatory approvals.
Credit correlation model debuts on Bloomberg
Morgan Stanley’s credit correlation model has been made available on Bloomberg today. The model can be used to price basket and single-tranche credit derivatives.
Barx proves catalyst for electronic swaps, says Icap’s Spencer
The move by UK investment bank Barclays Capital to offer live interest rate swaps prices via Bloomberg terminals is the catalyst that will drive the electronic trading of interest rate swaps, according to Icap chief executive Michael Spencer.
The famous fifty
Oil