A-Team Insight Author: A-Team
The RiskBusiness Regulator Survey Shows Some Cause for Concern
In July and August 2011, RiskBusiness International undertook an electronic survey amongst risk management professionals working in the global financial services industry to rate their regulator, anonymously, on its performance in several categories relating to operational risk supervision and oversight: Clarity and completeness of regulations; conformance of regulations to Basel II and Solvency II; approachability;...
BT’s Pickles Raises 10 Questions About the LEI Project
Last week’s legal entity identification (LEI) focused workshops in Basel, which were organised by the Financial Stability Board (FSB), allowed a number of financial industry participants and regulators to get together and discuss their views on the creation of a global utility and a new LEI standard. However, the event also raised a number of...
Hardware Acceleration – A Roundup and Update with Nomura, Burstream and Fiberblaze
What’s been happening in the world of hardware acceleration of late? Despite a couple of killjoys on LinkedIn who reckon it’s still unproven technology, the answer is – quite a lot. It was good to get an update from the coalface a couple of weeks ago at our London Low-Latency Summit. There, I chatted to...
Chan Discusses LAMCO’s 9 Month Implementation of the Calypso Valuation and Risk Platform
The asset management arm and fully owned subsidiary of Lehman Brothers Holding, Legacy Asset Management Company (LAMCO), went live with Calypso Technology’s core derivatives platform for valuation and risk in June this year, following a nine month rollout. Gordon Chan, director of global marketing at the vendor, elaborates on the details of the implementation to Reference...
EDI Partner with NetWorthServices to Launch Netbasis CA
NetWorth Services, a leading provider of cost basis products and services, is pleased to announce the introduction of a new addition to their suite of Netbasis products – Netbasis-CA. The result of a synergistic collaboration between NetWorth Services and Exchange Data International (EDI), Netbasis-CA will provide crucial cost basis services to the Canadian financial industry....
Thomson Reuters Launches Enterprise Platform for Exchanges
Thomson Reuters today announced the launch of the Thomson Reuters Enterprise Platform for Exchanges (EPX) — an asset class-agnostic, high-performance data platform that supports the creation and distribution of all exchange information services. Exchanges around the world face a challenging environment characterized by increased competition, commercial pressure on transaction revenues, new regulatory mandates, and demands...
Société Générale Chooses Algorithmics’ CVA Solution
Algorithmics, the leading provider of risk solutions, announced today that Société Générale Corporate & Investment Banking (SGCIB) has chosen to work with Algorithmics, to develop a counterparty credit valuation adjustment (CVA) solution that the CVA desk will use to actively price and manage counterparty credit risk (CCR) across all asset classes. David Murphy, Head of...
Carne Adds Senior Hire to Luxembourg Business
Carne Global Financial Services has added to its team of independent directors in Luxembourg with the appointment of Thomas Nummer as Managing Director. Thomas joined Carne last month from Allianz Global Investors Luxembourg S.A., where he was Chief Risk Officer and was responsible for building the firm’s UCITS-compliant risk management system for its UCITS funds....
Vanlint Elaborates on GoldenSource’s ASX Implementation, EDM Trends in Asia
Last month, EDM platform provider GoldenSource announced that it had won a deal to provide the Australian Securities Exchange (ASX) with a new corporate data management platform. Neill Vanlint, managing director of EMEA and APAC client operations for the vendor, explains that the GoldenSource EDM platform was selected after a rigorous two month long proof...
Former JP Morgan Head of Counterparty Credit Risk Modelling Joins Quantifi
Quantifi, a leading provider of analytics, trading and risk management solutions for the global capital markets, today announced the appointment of Dr. Dmitry Pugachevsky as Research Director. Dr. Pugachevsky will be responsible for managing Quantifi’s global research efforts. Rohan Douglas, CEO, Quantifi, said, “Dmitry has long been a leading figure in the industry and comes...