RISK MANAGEMENT BRIEFS
SEB Asset Management goes live with Trema Finance KIT; Reuters to disseminate GFI Group's credit-default-swap data and Fenics Credit pricing tools; SunGard Trading and Risk Systems releases new version of asset and liability management software.
New Risk Vendors Bet Big on SIA Tech Show
Financial institutions aren't the only ones managing their risk when it comes to market activity. Nascent risk-management vendors are also hedging their bets at this year's SIA Technology Management Conference & Exhibit by seeking out new clients.
Sky's the Limit With STARS
The derivatives market is expanding rapidly and so is the need for comprehensive trading and risk systems.
The Worm Has Turned
Financial institutions are struggling to comply with the SEC Rule 17a-4 requirements, which defines how information must be stored electronically in a non-erasable format, also known as Write Once Read Many (WORM) technology.
An Emerging ’New Science’
Basel II is supposed to help firms survive a crunch by forcing them to keep more cash on hand, but will compliance with the accord leave their hands tied?
Barra Aides Attrribution
Risk-management vendor Barra says it has released a product that will allow investment companies of all sizes to analyze investment performance using daily data.
RISK MANAGEMENT TECHNOLOGY BRIEFS
* JPMorgan will begin this July to beta test MorganRisk, a new ASP (application service provider)-based service to measure market risk.
* ABN AMRO was a awarded a major CLS (Continuous Linked Settlement) third-party services mandate by Banca Akras of Italy.
* FNX established a regional customer support and software development center in Bangkok, Thailand.
Creditex, Inc, teamed up with Gimme Credit to form Credit Derivatives Research LLC, a new company that will provide independent, third-party analysis and research of the growing global credit derivatives market; The International Securities Exchange, for the fourth consecutive month, traded more equity options than any other U.S. options exchange in May.