Capital markets
Capital-neutral securitisation risk weights
A closed-form formula to allocate capital to the tranches of a securitisation is presented
For Esma to triumph as supervisor, it must stop being Esma
Europe’s markets watchdog may soon have sweeping new powers, but experts say it will have to shed its reputation as slow, expensive and process-driven if it is to succeed
Unlocking opportunities in the SRT boom
Exploring the opportunities emerging in SRTs, also considering broader SRT developments and structural innovations
The shift to real-time in treasury and capital markets
The transition to real-time processing is under way in treasury departments
Tug of law: EC’s FRTB compromise plan can’t please everyone
Leaked draft consultation unlikely to reconcile the global versus regional bank divide
Front office open to AI promise
AI offers real potential for capital markets firms. But how disruptive, and how immediate, will the impact be?
We will shock you: a coherent Bayesian approach for stress testing
The authors propose a novel coherent Bayesian stress test method which preserves the mathematical properties of the risk measures.
The wisdom of Oz? Why Australia is phasing out AT1s
Analysts think Australian banks will transition smoothly, but other countries unlikely to follow
The changing shape of risk
How firms are adjusting their strategies and capabilities to embrace a more holistic view of risk
Best product for capital markets: Murex
Many banks in Apac rely on Murex’s MX.3 platform to manage their trading positions – risk and back office – in a fully integrated way. However, producing the P&L of the bank had to be performed outside the platform as it was relying on external data…
Managed services under the spotlight
A report focusing on the advantages and possible drawbacks of taking on managed services, and outlining LSEG’s managed services strategy
Banks fret over vendor contracts as Dora deadline looms
Thousands of vendor contracts will need repapering to comply with EU’s new digital resilience rules
People: SocGen’s Farah replaces Salorio, Deutsche makes credit hire, and more
Latest job changes across the industry
Fresh EU push for single securities supervisor to compete with US
But MEP expresses “concern” EU nations will stall revival of capital markets union
Market for ‘orphan’ hedges leaves some borrowers stranded
Companies with private credit loans face punitive costs from banks for often imperfect hedges
Turbocharging tech for next-level risk analytics
As regulatory demands and market conditions constantly change, investing in robust risk analytics is becoming not only a business necessity, but an essential compliance requirement
Conquering new heights in regulatory reporting: innovations in regulatory compliance
In this dynamic environment, financial institutions that can integrate technology innovations such as artificial intelligence into their strategies are poised to revolutionise compliance processes, streamline operations, and enhance risk management
BMO Capital Markets gaining ground in US Treasuries
Canadian bank goes head-to-head with large US bulge brackets in D2C market
In search of clean data: firms navigate data challenges as LLM adoption flourishes
This WatersTechnology rapid read report explores the transformative potential of LLMs in financial services, offering insights into the evolution, challenges and positive impacts on decision-making processes in capital markets
Asia moves: Senior hires at Societe Generale, Linklaters and more
Latest job news from across the industry
People: Estrada, Horne out in Credit Suisse rout, Belsher to Barclays, and more
Latest job changes across the industry
Bank balancing: optimising margin and capital in a higher rate environment
This Risk.net paper, featuring leading practitioner insights, assesses the challenges banks are facing in the new higher-for-longer interest rate environment, and the strategies and tools they are using to optimise margin and capital on their derivatives…
Apac banks put trust in pre-trade
Amid tougher trading conditions, Apac banks are making greater use of pre‑trade analytics to inform their strategies and reduce risk. But how successful are these tools?
Mounting pressure to capture real-time exposures spurs data aggregation efforts
A range of market factors and technological advances is driving the need for real-time data and analytics, and persuading firms to move away from their risk management infrastructures. In a recent Risk Live panel session sponsored by KWA Analytics,…