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News & Commentary
Content tagged with Risk Management posted in March 2010
Derivix Adds J.P. Morgan and S.A.C. Venture Investments As Strategic Investors
News  |  3/31/2010  | 
New investments enable continued product innovation, and expansion of the company's sales and customer support infrastructure.
LCH.Clearnet Launches Clearing Service for Credit Default Swaps
News  |  3/30/2010  | 
nday, March 29, to bring security and transparency to OTC derivatives markets.
Vendor Risk Top of Mind for Wall Street Firms
Commentary  |  3/29/2010  | 
As firms search for stability in their technology partners, larger vendors have the edge. But eventually smaller, innovative providers will make a comeback.
Capital Markets Firms Turn to Cloud Computing
News  |  3/26/2010  | 
Despite disagreement on the actual definition of 'cloud computing,' capital markets firms increasingly are turning to the technology to achieve scale, cut costs and improve time to market. But not everything about the cloud is white and fluffy.
OptionsXpress Embraces Virtualization
News  |  3/26/2010  | 
While brokerage optionsXpress has embraced virtualization, don't tell EVP Ben Stein that the firm is using a cloud.
Industry Working to Build Infrastructure to Enable Central Clearing of OTC Derivatives
News  |  3/25/2010  | 
While Congress hammers out details of OTC derivatives reform, buy-side firms and dealers are working to connect to central counterparty clearinghouses to enable central clearing and reduce counterparty risk.
The Tangled OTC Derivatives Marketplace
News  |  3/25/2010  | 
Rather than build connections to multiple central counterparty clearinghouses, many buy-side firms will rely on third-party services to bridge the gap in OTC derivatives clearing.
Lime Brokerage Offers Solution to Naked Access Problem, In Advance Of New SEC Regulations
News  |  3/25/2010  | 
Releases LimeInside with pre-trade risk controls for sponsoring brokers to aggregate risk across multiple destinations.
Tabb Group Hires European Analyst
News  |  3/24/2010  | 
Intel, AMD Servers To Run NYSE Data Centers
News  |  3/23/2010  | 
Like Google, Yahoo, Amazon, and Microsoft, the NYSE is building its data centers with PC-style servers, disk drives, and I/O devices -- on a massive scale.
Syntel Taps Numerix to Power New Pricing Service
News  |  3/22/2010  | 
Syntel announced it would begin providing independent pricing services to its buy- and sell-side clients using Numerix’s cross-asset pricing and risk analytics technology.
ISE Boosts Risk Management to Enhance SafeGuards
News  |  3/22/2010  | 
ISE members can define hard limits for their own FIX connections and those of their sponsored access clients.
Eurex Launches Real-Time Risk Service
News  |  3/18/2010  | 
Eurex Clearing has launched its new Enhanced Risk Solution, a real-time risk data distribution service for risk management and margining data to its trading and clearing members.
Bank Debt Deals Pose Operational Risk
News  |  3/16/2010  | 
Alternative investments firms are realizing they cannot manage an entire asset class in a non-systematic manner.
GoldenSource Releases Market Data Solution for End-To-End Data Transparency
News  |  3/16/2010  | 
The GoldenSource Market Data Solution unifies traditional reference data with more time-critical market data and offers increased data quality, consistency and transparency across the investment process, the vendors says.
Financial Crisis Has Opened Up Opportunities For Innovation In Financial Services, Survey Finds
News  |  3/15/2010  | 
Areas of innovation include central clearing of OTC derivatives, risk management and increasing transparency and efficiency, according to an ISITC survey.
Michael Lewis' "The Big Short: Inside the Doomsday Machine"
News  |  3/15/2010  | 
First Lewis writes "Liar's Poker" about the excessive culture he witnessed while he was at Solomon Brothers, and now he follows it up with "The Big Short: Inside the Doomsday Machine," a scathing critique of Wall Street and its actions before, during and after the credit crisis.
Wall Street Firms Focus On Vendor Risk (video)
News  |  3/12/2010  | 
Vendor risk is top of the mind for most Wall Street firms these days. In this video clip, Larry Tabb, CEO and founder of TABB Group, tells us how the credit crisis is changing the vendor landscape as financial organizations seek more stable larger vendors to align with. Still, when the market recovers, we will start to see more innovation, particularly from smaller independent vendors, Tabb says.
In Praise of Shorts and Financial Speculation
Commentary  |  3/10/2010  | 
While the stocks of many investment banks tanked and a number failed, it wasn't the short sellers that created the problems.
BOX Moves to Equinix NY4 Data Center in Secaucus, New Jersey
News  |  3/10/2010  | 
BOX will migrate matching engine to Equinix facility where ISE and c2 are located, taking advantage of cross-connects of market participants there.
Post-Crisis, Banks Paying Close Attention to Vendor Risk When Choosing Tech Partners
News  |  3/9/2010  | 
Post-crisis, Wall Street firms are paying closer attention than ever before to vendor risk when choosing their technology partners.
Brady plc Cites Upswing in Steel Futures Trading
News  |  3/8/2010  | 
With LME record volumes, up 72 percent in 2010, Brady sees surge in electronic trading, hedging and risk management of steel futures contracts.
Direct Access Partners Enhances Multi-Prime Offering for Hedge Funds
News  |  3/5/2010  | 
Partners with Paladyne Systems for order management, data aggregation and risk analysis and reporting.
DST Launches Risk Consulting Services for the Buy Side
News  |  3/4/2010  | 
In response to the economic downturn, DST Global Solutions is offering a broad range of consulting services via its investment management solutions business.
Agiliance Releases RiskVision 5.0
News  |  3/3/2010  | 
Solution for organizations to link security operations with enterprise risk management in cloud, mobile and on-premise environments.
Buy-Side And Sell-Side Firms Focus On Data Quality And Consistency
News  |  3/2/2010  | 
A Thomson Reuters and Lepus survey of 100 buy- and sell-side firms revealed that more than three quarters of participants (77%) intend to increase spending on projects that address data quality and consistency issues.
Fidessa LatentZero Partners with Fincad on Analytics
News  |  3/2/2010  | 
Buy-side users will be able to value all fixed income and derivatives instruments in their portfolios through the entire LatentZero solution.
The Problematic Nature of New Short Selling Restrictions
Commentary  |  3/1/2010  | 
The SEC's new rules limiting short selling do not satisfy either proponents or antagonists of short sale restrictions.
Hana Daetoo Securities Selects Numerix for Derivatives Valuation, Risk and Structuring
News  |  3/1/2010  | 
Hana Daetoo Securities is the investment banking arm of the Hana Financial Group, which owns Hana Bank, the third largest bank by asset value in Korea.
Ancerno Launches Web-based Pre-Trade TCA
News  |  3/1/2010  | 
Ancerno has launched a Web-enabled version of its Trade Compass pre-trade analytics product.
Ancerno Migrates Trade Compass Pre-Trade TCA to Web
News  |  3/1/2010  | 
The former unit of Abel Noser Corp. launched Trade Compass as the first part of a decision to migrate all of its TCA products and services to the Internet by early 2010.

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