The blog post below comes from Nick Dunbar, author of the excellent book "The Devil's Derivatives" but also his new data service at https://riskyfinance.com
For those without a subscription to Risk, the story is in the text below from the website of Quantile Technologies.
According to a recent survey of banks’ legal and regulatory operations executives, an overwhelming number of respondents noted a concerning lack of clarity around margin mandate regulations and compliance requirements.
Artificial Lawyer caught up with legal AI company founder and CEO, Ulf Zetterberg, during his recent visit to London.
I wrote this article before the 2015 UK General Election but Channel 4 asked me to keep it under wraps so not to give away what I was working on.
Why can’t companies wanting to share business logic and data just install a distributed database? What is the essential difference between a distributed database and a distributed ledger?
Our magazine Rocket 8 is coming soon, packed with inside viewpoints and expert knowledge. Save or update your address to be eligible to receive a copy now, or purchase a subscription through the shop.
Whilst the headlines in banking are often about trading, clearing and margin, a quiet revolution is going on within the legal departments within the capital markets.
We are proud to announce our next white-paper on The Legal Documentation Data Challenge. Managing legal agreements has long been a challenge for many financial institutions.
The OTC Space met with Christian Nentwich, CEO of Duco to ask some questions about the firm, and the effects of technology on banking.
For those familiar with the DTCC Trade Information Warehouse, you'll know this was the first central end-to-end processing platform for OTC business. LCH has now moved into the Rates and FX space to perform a similar function. If you thought the pace of change was slowing, think again.
Crisis always underscores the critical importance of collateral management – that was true in the LTCM (Long Term Capital Management) meltdown in 1998 and then again in the Lehman crisis in 2008 when collateral desks were crucial information vectors.
The week started with temperatures in the 80s and a sunny outlook, but given the way Chicago can change, it wasn’t a huge surprise to see a 30 degree drop over the course of the event. In fact, the weather seemed to mirror the ups and downs of the industry over the last twelve months.
A new exchange is in the process of launching hybrid products which will eliminate the key disadvantages of hedging rate risk on-exchange.
Although the prudential supervision of the Bank of England is focused on ensuring the safety and soundness of CCPs, priority has been given almost exclusively to the development of loss allocation and recovery rules.
By Alan McIntyre and Andy Green
New functionality supports regulatory margin requirements for non-cleared derivatives.
On behalf of the Global Risk Institute I am pleased to invite you to attend our inaugural collaborative event with the Warwick Business school. The Global Risk Institute is a member based organization focused on the management of emerging risk in financial services companies.
The Post Trade Forum is in independent working group for people to ask questions, exchange ideas, and move the agenda forward on how to improve the processing of OTC products. Open to all, with an agenda driven by the industry.