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News & Commentary
Content tagged with Risk Management posted in September 2011
Multi-Million Dollar Severances Still Make It Worth It For Wall Street Execs To Get Fired
News  |  9/30/2011  | 
It certainly looks like it was worth it for executives from Bank of New York Mellon, HP and Yahoo.
Jobs Grow, But Fed Is Still Down In The Dumps
Commentary  |  9/29/2011  | 
The recession was officially over in June 2009, but the Fed isn't painting a rosy picture.
Severe Blow For Madoff Trustee Attempting To Recover Billions For Victims
News  |  9/29/2011  | 
Federal Judge Rakoff is turning into Irving Picard's arch nemesis.
The Devil's Derivatives: Nicholas Dunbar Breaks Down the 2008 Crash
News  |  9/29/2011  | 
After peeling back the layers of what caused the global market crash of 2008, award-winning U.K. financial journalist Nicholas Dunbar uncovers brash, alpha-male traders at the heart of the crisis
Research Contends Stock Traders More Reckless than Psychopaths
Commentary  |  9/27/2011  | 
Could psychopathic personality traits among stock traders be a big culprit for the wild swings in stock prices that have become the norm on Wall Street?
A New Beauty Contest for Hedge Funds
News  |  9/27/2011  | 
A study by PerTrac finds that size and age matter in the performance of hedge funds where two years old and less than $100 million in AUM is key.
Resignation of UBS Chief Quite A Turnaround
Commentary  |  9/26/2011  | 
The resignation marked a striking fall for Gruebel, a former chief executive at Credit Suisse where he was known as "Saint Ossie".
Resignation of UBS CEO Points to Damage Control
Commentary  |  9/26/2011  | 
In ongoing fallout from the UBS rogue trading scandal, CEO Oswald Grubel resigned, paving the way for new leadership.
Fidelity ActionsXchange Launches Subscription-Based Service
News  |  9/26/2011  | 
Allows clients to customize their choice of corporate actions data and better control costs.
Rogue-Proofing Your Fund
News  |  9/23/2011  | 
How can buy-side firms stop rogue traders before they go too rogue? The good news: Rogues can be found but the bad news is no one can ignore the problem any longer.
Thomson Reuters To Sell Kondor Unit
News  |  9/23/2011  | 
Vista Equity Partners wins bid to buy the firm's trade processing and risk management unit known as Kondor.
Why Banks Don't Listen to their Risk Managers -- and Risk Losing Billions
Commentary  |  9/21/2011  | 
While details are thin, the announcement last week of an unprecedented $2 billion equity trading loss by UBS in London, and the arrest on criminal fraud charges of the alleged 31-year-old rogue trader have attracted global attention.
Rogue Watch: Beware False Trades
News  |  9/21/2011  | 
UBS Scandal Polarizes Opinions On What Went Wrong
Commentary  |  9/21/2011  | 
UBS is still giving out only a trickle of information about what actually might have happened.
NYSE Technologies Offers Real-Time Market Data And Analysis Tool In Microsoft Excel
News  |  9/20/2011  | 
Thanks to a strategic partnership, the new data analysis tool will allow traders to stream and analyze real-time normalized market data directly in Microsoft Excel 2010.
Spotting a Rogue Trader
News  |  9/20/2011  | 
Advanced Trading spoke with James Heinzman, managing director of Global Compliance Solutions, to discuss how firms can better detect rogue traders.
Banks Making Major Systems Enhancements to Improve Transparency, Says Survey
News  |  9/19/2011  | 
Increased use of off-the-shelf products will help banks meet regulatory reporting demands in coming years.
UBS's $2 Bln Rogue Trader Loss Shines Embarrassing Spotlight On Risk Controls
Commentary  |  9/15/2011  | 
A US$2 billion miss in equities trading is inexcusable.
DTCC Partners with Clearstream
News  |  9/15/2011  | 
Both companies plan to combine DTCC Loan/SERV and Clearstream collateral management to leverage loans as collateral.
Rogue Trader Arrested, Costs UBS $2B
News  |  9/15/2011  | 
Join Us For the Buy-Side Trading Summit
News  |  9/13/2011  | 
AT invites traders from the top hedge funds and asset management firms in Amelia Island, Florida on October 16th - 18th for sun, networking and incisive panels.
A Decade After 9/11, Business Continuity Is Still A Work-In-Progress On Wall Street
News  |  9/9/2011  | 
9/11 marked a turning point for business continuity. Although now it seems the real game changer in the business continuity arena occurred more recently during the 2009 financial crisis. Still, firms have a lot to figure out.
Prosiris Adopts Quantifi for Risk
News  |  9/8/2011  | 
Wall Street Post- 9/11: The Financial Crisis Strikes Where Terrorists Failed
Commentary  |  9/8/2011  | 
Still, some economists see a connection between 9/11 and the financial crisis which struck the U.S. in 2008.
Investment Manager Selects Quantifi For Risk Management And Reporting
News  |  9/7/2011  | 
The investment management firm, led by former Goldman Sachs managing director Reza Ali, was driven by increasing need for timely risk analysis.
SEC Approves CBOE to Trade SPXpm on C2 Electronic Platform
News  |  9/6/2011  | 
The new SPXpm is identical to CBOE's flagship SPX index options contract, except it has a "P.M." settlement.
First Derivatives Launches Third-Party Vendor Services
News  |  9/6/2011  | 
The software and consulting services firm will focus its initial launch on the Calypso capital markets platform.
Ajna Upgrades Portfolio Risk System
News  |  9/2/2011  | 
Ajna Partners, the New York City global equities hedge fund, upgrades its risk system to keep a tight rein on its portfolio.
SimCorp Releases New Version of Investment Management Solution
News  |  9/2/2011  | 
The new release introduces full 64-bit application support, enabling improvements in data processing capability among other improvements.
IBM Boosts Risk Management Practice With Acquisition of Algorithmics
News  |  9/1/2011  | 
The $387 million purchase follows IBM's acquisition last year of risk management software provider OpenPages.

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