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News & Commentary
Content tagged with Risk Management posted in August 2013
Trade Surveillance Increasingly A Front Office "Business" Responsibility
News  |  8/30/2013  | 
In the wake of Knight Capital, there's a trend in the front office taking on more surveillance responsibility.
Do Regulation and Customer Service Go Hand in Hand?
News  |  8/29/2013  | 
If you're changing the on-boarding process because of regulations, it's an opportunity to make your customer service better.
This Is Why There Is A Lack Of Adoption Of Big Data Solutions In Financial Institutions
Commentary  |  8/29/2013  | 
Financial services organizations focused on institutional clients don't have the volume or variety of data to support big data investments.
Nasdaq Signals – Is Anyone Listening?
Commentary  |  8/29/2013  | 
Less than year after Hurricane Sandy, a technical issue with Nasdaq brought stock trading to a halt for an unusually long time. It's time to address the need for more robust plans and systems, writes Steven Davenport.
Did Goldman Sachs Really Have to Discipline 4 IT Workers After Its Glitch?
News  |  8/27/2013  | 
The investment giant reportedly placed four IT staffers on administrative leave after its embarrassing trading glitch last week. But is IT to blame or does the fish stink from the head?
The Bite Of New Market Realities
Commentary  |  8/26/2013  | 
As trading volumes plummet, exchanges are looking for new sources of revenue. One of the most popular new sources is technology.
10 Trading Glitches That Stopped The Markets
Slideshows  |  8/23/2013  | 
From flash crashes to naughty squirrels, here are 10 notable exchange snafus that have crippled the stock market. 
The Two Faces of Regulation SCI: Reducing Risk While Curbing Innovation?
Commentary  |  8/23/2013  | 
While the SEC’s draft proposal of Regulation SCI is a major step toward mitigating the potentially hazardous consequences resulting from a market that is increasingly reliant upon rapid-fire technology, the burdens of data collection risks impeding market innovation and inundating the Commission with extreme volumes of data.
Reviews Suggest Strengthened Governance for Bloomberg
News  |  8/22/2013  | 
Following its client data review, Bloomberg is getting to where it should have been all along in terms of compliance and auditing.
Breaking: Nasdaq Resumes Trading After 'Flash Freeze'
News  |  8/22/2013  | 
The market maker resumed trading this afternoon after it suspended trading for several hours due to a technical error.
Why Is Goldman Sachs Having Trading Glitches?
News  |  8/21/2013  | 
Even an investment powerhouse that is awash in cash, smart people, and presumed state-of-the-art IT can experience a spectacular trading error. But why are they even happening?
From Short Lived Correction To New Highs
Commentary  |  8/20/2013  | 
As the economy continues to strengthen, the markets should be in decent shape for the remainder of the year.
Performance Measurement Investment To Increase 6.9%
News  |  8/19/2013  | 
Facing investor demands for greater transparency, asset managers will ramp up performance measurement spending through 2017.
China’s Everbright Stops Trading After A Surprise Flash Surge
News  |  8/16/2013  | 
The Chinese brokerage saw its shares soar by more than 50 percent in a single trading day. Will these trading errors stop?
Is there a Palladium Bubble?
Commentary  |  8/15/2013  | 
Demand for Palladium has increased from automakers, while Russia's 15% stockpile could be dwindling, setting the stage for a bubble.
How Can Firms Boost Efficiency and Reduce Risk in Corporate Actions?
Commentary  |  8/15/2013  | 
Minimizing costly errors with respect to voluntary events requires accurate tracking of deadlines and other key dates in corporate actions.
More Exchange Outages: Do We Learn from the Past?
Commentary  |  8/14/2013  | 
Despite regulatory mandates and growing IT spend, the recent BATS BZX Exchange and Direct Edge glitches show that market failures persist.
JPMorgan’s London Whale Helping Feds for Possible Arrests
News  |  8/12/2013  | 
The trader behind JPMorgan’s leviathan trading fiasco is reportedly helping US authorities as they investigate two of the London Whale’s associates. Will it be handcuffs for cuff links soon?
SEC to JPMorgan, Jamie Dimon & The London Whale: Admit It Was Wrong!
News  |  8/9/2013  | 
As the regulator works on a settlement with JPMorgan's for its botched trades that lead to $6 billion in losses, the SEC's new sheriff removed one option from the table: Jamie Dimon and company cannot 'deny any wrongdoing.'
Big Data: No Replacement for the Financial Data Warehouse
Commentary  |  8/5/2013  | 
News of data warehouses’ demise is premature, argues Jonas Olsson. In fact, there is reason to believe the future for data warehouse is brighter than ever.
Hackers to Exchanges: You’re Next
News  |  8/2/2013  | 
US attorneys last week charged a Russian hacker with gaining access to the servers inside Nasdaq. For two years. The CIOs and IT staffers inside today’s exchanges now have to deal with the target on their backs.
Risk Technology Greatest Concern Amid Regulatory Crackdowns
News  |  8/2/2013  | 
With increasing crackdowns by the SEC and other regulatory bodies, expect risk management technologies to flood the market -- especially those that address complicated regulatory demands.

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