Opinion/Our take
Risk managers take note: Brexit was not a black swan
Protecting yourself against true black swans is the art of the possible, not the probable
When time is of the essence, shortcuts are still handy
‘New age’ quants might not like it, but speed can be traded for accuracy in spotting investment opportunities
No subordination: Aviva’s clever matching adjustment repack
Insurer's repack vehicle issued only single senior note
Dealers’ WKSI woes: a case of rough justice?
Stripping firms of special issuance status suggests heavy-handed approach by SEC
The three lines of defence: a health warning
Effective risk management is more important than what your organisational chart looks like
What’s good for the City is bad for UK commodity firms
In effort to retain passporting, Brexit negotiators may sacrifice commodity traders
Brexit lessons on handling redemption runs
July experience shows fund suspensions can be used without spillover effects
Why not having AAD needn’t be the end of the world
Optimisation method offers quicker and more focused way of making XVA calculations
Brexit gives banks a taste of life without AFS bond filters
Liquidity buffer valuations now key concern during stress events
The beginning of the end for footloose modelling
US model risk guidance has drawbacks, but is a step towards better management of model risk
Structured products' unseen enemy
Relentless focus on Priips compliance leaves industry vulnerable to hidden threats
The fault lines in Europe's Solvency II compromise
Row over calculation of discount rates exposes political differences
Weighing criticism of the SMA reveals a lack of balance
Operational risk managers are becoming unusually excitable, with some justification
Standardised CSAs: no longer a matter of choice
Dealers again seeking simpler terms after 30% drop in non-cleared notionals
Regulators must scrap T+1 timezone tax
Settlement cycles for non-cleared margin rules must be extended
Beware the hype around analytics
As energy traders make greater use of big data, lessons of the past should not be forgotten
Living wills and LVAR could help kill liquidity risk
When used with living wills, a new method may help banks quantify liquidation costs
Careless whispers have a cost
CFTC redefines insider trading for the swaps market
Change is the only constant in pricing swaps
Regulation is having unexpected effects on derivatives unwinds
Basel Committee’s CVA shocker ignores trade-offs
Ditching own models for CVA risk is too binary and eliminates possibility of further dialogue
Leverage puts hedge funds in the systemic-risk spotlight
Regulatory attention shifting to hedge fund users of derivatives
Bringing order to op risk and the duck-billed platypus
Industry co-operation on operational risk taxonomies might yield a valuable tool
Accounting – a quant's job?
Quants have a new interest - developing accounting frameworks
Sympathy for the Dimon
A lack of confidence is hobbling bank stocks – and the implications go beyond valuations