4367 Results from /regulation
Retired Member
One of the mandates of the 2009 G20 summit was to ensure the electronic trading and central clearing of standardised OTC derivatives. OTC or ‘over-the-counter’ is seen as the antonym to exchange-traded or ‘listed’ in most literature. Now, global regulators seem intent on removing OTC from the trading landscape. Shifting bilateral OTC activity onto...
16 October 2012 /regulation
Gary Wright Analyst at BISS Research
Most market experts agree that putting OTC into central clearing is a bad idea born from good intentions, but terrible knowledge of market operations and how to reduce risks. To the politician and the regulator its simples! CCPs operated extraordinary well during the height of the financial crisis and prevented the complete breakdown of global mark...
16 October 2012 /regulation EBAday
Richard Chapman Head of Strategy at SunGard
The operational maturity of a financial institution determines its ability to effectively process the accounting, cash flows, trading and transactional activity that supports its core business with the least associated cost and minimum risk. Today, reconciliation and system validation play a key role in a financial institution’s journey to operati...
16 October 2012 /regulation /sibos
Robert Siciliano Security Analyst at Safr.me
Contactless technology offers many benefits, including faster and easier transactions, versatility to be incorporated into various personal devices including mobile phones, and improved data security over the magnetic stripe technology. According to the Smart Card Alliance, “Contactless smart card technology includes strong security features optimi...
15 October 2012 /security /regulation
Ring-fencing is never out of the news long at the moment, and the recently published Liikanen report, an EU-commissioned report on European banking, has now defined its version of implementation. It recommends that investment bank trading activities are placed in a separate legal entity from their retail banking activities; that this separate leg...
12 October 2012 /regulation /retail
Obine Adoh Managing Consultant at Deitec Global Solutions Ltd
The case of the software engineer at the CME Group admitting to stealing source code got me thinking about how financial institutions need to start taking proactive measures if they are to stop incidents of this severity occurring. The ignominy of being investigated, as well as the legal costs and subsequent reputational damage, are things that a...
10 October 2012 /security /regulation
Just one year ago you were probably aware of ISINs, BICs and/or SWIFT codes. But LEI, USI or UPI would probably have elicited a mere shrug. In the regulated world of OTC derivatives, these acronyms are the foundation for stringent and consistent regulatory oversight. The Dodd-Frank Act mandated the creation of the Office of Financial Research (OFR...
10 October 2012 /regulation
With reference to the ‘Unlocking Transformational Efficiency in Fund Operations’ posting on the Tabb Forum, Unit Pricing is a prime example of a function firms should invest in for continuous improvement. Conflicting business drivers of cost reduction and seamless capacity for growth have initiated a ‘back to core’ focus amongst many firms. Incre...
09 October 2012 /regulation /sibos Data Management 101
There is much talk about reducing the settlement cycle to T+2 on both sides of the Atlantic and its shaping up that markets will move to T+2 sometime soon in the future. Much of the motivation comes from the need to reduce counterparty risk. This really is the risk flavour of the month and appears to be driving the regulatory push with alm...
09 October 2012 /regulation
Albedo energy consulting launches comprehensive energy trading and risk management software, which runs on any windows platform, consumes less than 700KB of storage and requires no implementation and available as desktop/web/mobile application. 1) ALBITS: Energy trading & Portfolio optimization software. 2) QUANTHEDGE: Energy & Forex
08 October 2012 /regulation Financial Risk Management
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