News/Technology
Flash crash lessons learned: Interview with Bannert-Thurner
Now that the dust has settled after the extraordinary May 6 ‘Flash Crash’, Victor Anderson catches up with FTEN’s Valerie Bannert-Thurner to discuss how technology can help guard against future crises
BP’s oil spill to double energy companies’ IT spend
The aftermath of BP’s Gulf of Mexico oil spill could double the amount energy companies will spend on information technology (IT) as they look to adhere to new regulatory requirements in offshore drilling pursuits
Challenges for energy & commodities technology
Trayport chief speaks to Lianna Brinded about how energy and commodities trading risk management systems will cope with changes in regulation
31% of oil and gas firms lack ETRM solutions
Nearly one third of all oil and gas companies are more susceptible to systemic risk, as a report reveals 31% of these firms lack an energy trading and risk management (ETRM) solution for their operations
China Merchants upgrades systems amid global derivatives push
China Merchants Securities has upgraded its risk management systems ahead of planned international expansion and efforts to offer more derivatives, exchange-traded funds and warrants services
DBS Bank suffers IT outage
Singaporean bank suffers IT collapse of front-line and back-up systems
Cesr studies MTFs in July amid Mifid revamp
MTFs and dark pools policy positions to be announced, Cesr urges industry participation in consultation
Pick and choose from social media tools: BIS’s Laurmaa
Bank for International Settlements’ head of web publishing Timo Laurmaa says Twitter more beneficial to profit-making companies; short releases help when reaching out to wider-than-usual audience
New US derivatives rules to boost tech firms' energy business
The new US derivatives regulatory regime to raise transparency and reporting requirements for energy traders will present business opportunities for technology companies in the sector
Sifma members lose confidence in risk capabilities
A declining number, falling below 5%, of Sifma member firms are comfortable with their risk management capabilities, according to an updated survey of 240 Wall Street participants conducted by IBM, issued at the Sifma Financial Services Technology Expo…
Banks fail to exploit market for smartphone apps
Third parties are developing downloadable applications (apps) for banking, leaving banks lagging behind
Liquidnet debuts offshore alternative trading in New Zealand
New Zealand is poised to have what is believed to be its first offshore dark pool when Liquidnet launches its trading operation on June 22.
Korean securities firms seek new technology to offer complex products
Hyundai Securities’ signs landmark deal with Sophis in bid to offer more complex products
Options exercise process subject to operational risks, say experts
Manual processes in exercising or abandoning listed options positions are being handled by ops teams
Risk.net parent Incisive Media wins 'Best Digital Publisher - Business'
At the annual Association of Online Publishers (AOP) dinner on June 10, Incisive Media won a major award for its efforts to deliver quality online content to its web-based communities.
Korean securities firms seek new technology to offer complex products
Hyundai Securities' technology deal with Sophis may be the start of a trend as Korean firms build their structured products capabilities
ABN Amro ups data quality initiative
Improving data quality is a risk management initiative driven by Basel II at ABN-Amro
Investigations find no evidence of 'fat finger' errors in US trading fall
NYSE, SEC and CFTC claim 'fat finger' error not the cause of last week's stock market plunge.
Operational risk possible cause of US equity nose-dive
Fat finger error mooted as possible cause for US market plunge
Data management key to understanding systemic risk, says expert
Systemic risk management will require enterprise-wide information gathering
Cloud computing security and compliance issues challenge banks
Financial services firms, wary of cloud computing, are looking to a new hybrid public-private cloud strategy to ease concerns.
Credit data vendors focus on liquidity metrics
Vendors and their clients are focusing on the implementation of liquidity analytics to boost credit risk management
Two-thirds of ETRM users plan new systems in 2010
Some 67% of respondents to Energy Risk’s 2010 Software Survey say they will be investing in new energy trading risk management (ETRM) systems this year, to tackle dissatisfaction with the speed and usability of existing software systems, as well as…
Icap Energy head: Oil broking screen a response to "regulatory times"
Interdealer brokerage Icap Energy will launch a combined voice-electronic broking service for over-the-counter (OTC) crude, fuel oil and middle distillate swaps, subject to regulatory approval. The service, entitled Icap TrueQuote, will offer straight…