Wall Street & Technology is part of the Informa Tech Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Risk Management Briefs The Boston Stock Exchange selected Radianznet as one of the options to give institutions secure network access to the new market; Sinochem picked TradeCapture's ICTS Symphony to track and manage its international crude oil and refined products trading business; Bayerische Hypo-und Vereinsbank (HVB) based in Munich, has gone live with SunGard Trading and Risk Systems' Monis Convertibles Analyzer.
Accepting the Risk Banks need to better understand their risks to satisfy new rules.
Risk Management Briefs Standard Bank has gone live with Algo Collateral within its South African operations; Cheyne Capital Management signed a three-year deal with Make-it Partners for the daily supply of credit-derivatives swap-data; Dr. Michael Ong has joined the Professional Risk Managers' International Association (PRMIA) Academic Advisory Council.
Risk Management Briefs Banca Akros SpA selects Summit's Transact ASP platform for foreign exchange (FX) cash and FX option trading; A survey of over 2,000 members of PRMIA in the Americas shows that only 16 percent of respondents felt that their risk-management department was being used effectively; Dr. David Gilbert joins eRisk as president and chief executive officer.
A Model for Success Portfolio modeling may help keep investment firms safe, sound and profitable in uncertain times, but some say even the most advanced technology can't replace the human touch.
Uncertainty Slows Preparation for Basel II A lack of clear direction by regulators is causing some to adopt a wait-and-see approach to preparing for Basel II.
/channels/security Retail financial-services firms are betting on a risk-based approach to wealth management. While some are now running complex Monte Carlo simulations on the desktop, the bigger challenge could be changing brokers into risk advisers.
The Onus of Operational Risk With the final version of Basel II coming down the pipeline, are financial institutions ready?
Electronic Trading Briefs Gottex Brokers to become the first member of Swapstream; Harborside+ has linked its service for matching large-block-equity indications of interest (IOIs) to Nasdaq's Liquidity Tracker; Fimat Group appoints Thomas Kloet as chief operating officer of Fimat, USA, Inc.
Risk Management Briefs Danske Bank goes live with Algo Collateral from Toronto-based Algorithmics to expand its margining activities and collateralized counterparties; Summit Systems, Inc. to release a new application called Multi Underlying Structured Trade (MUST); Europe's first pan-European central counterparty (CC) went live on Monday, May 5.
Risk Management Briefs The International Securities Exchange connects to a communications infrastructure developed by Con Edison Communications (CEC) for the Securities Industry; Automation Corporation (SIAC); Citisoft launches a Risk and Performance Service aimed at helping asset managers to deliver cost --effective solutions required for analyzing, presenting and managing risk and performance; Eurex will attempt to enhance the efficiency of netting risks for derivatives transactions through so-called cross marginin