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At a City forum yesterday a representative from the FSA presented the seventeen definitions behind the operational risk management principles, which financial services firms are expected to practice t...
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-trade...
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...
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 th...
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 ...
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 ...
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 incid...
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 ar...
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 improve...
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...
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
We are currently experiencing an unprecedented series of new regulations, each of which will require the collection of new client/entity data and support documentation to achieve full compliance. The ...