Financial Risk Management
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Shouts on Bond-Trading Floor Yield to Robot Beeps

Shouts on Bond-Trading Floor Yield to Robot Beeps | Financial Risk Management | Scoop.it
JPMorgan Chase is moving more of its bond trading to electronic platforms, following a trend on Wall Street in stock trading, which was transformed by automation years ago.
scottmacg's insight:

Interesting article on the automation of fixed income markets.

 

One excerpt that sounds similar to what we repeat…

 

“These types of moves usually end up helping customers and ordinary investors, who get more transparency into the trading process and lower trading costs. It also helps regulators have a better view on where risks are being taken.”

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How the Bankruptcy Code Should Treat All Derivatives - New York Times

How the Bankruptcy Code Should Treat All Derivatives - New York Times | Financial Risk Management | Scoop.it
Recommendations from the American Bankruptcy Institute failed to address derivatives held by nonfinancial institutions that will keep operating, writes Stephen J. Lubben in the In Debt column.
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How we can prevent another financial derivatives disaster

How we can prevent another financial derivatives disaster | Financial Risk Management | Scoop.it
The big banks’ continued use of derivatives and their inadequate living wills have put the global financial system on an extremely wobbly pedestal.
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Banks push for delay to introduction of derivatives rules

Banks push for delay to introduction of derivatives rules | Financial Risk Management | Scoop.it
HONG KONG (Reuters) - The international banking industry has asked regulators for more time to implement derivatives rules that could add $800 billion to the global financial industry's cost of doing business,
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From Alien Attacks To Analytics – The New World Of Risk

From Alien Attacks To Analytics – The New World Of Risk | Financial Risk Management | Scoop.it
by Alain-Brieuc Gall, Solution Management, Banking, SAP
Facing a new and exacting regulatory climate, banks focus on the “push” towards compliant enterprise risk reporting – but there is also a “pull” of improved performance and greater profit.

Via Thomas Faltin
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Blog Post: ThePracticalQuant: Data Wrangling gets a fresh look

[A version of this post appears on the O'Reilly Strata blog.]Data analysts have long lamented the amount of time they spend on data wrangling. Rightfully so, as some estimates suggest they spend a majority of their time on it.
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Integration Questions Are Biggest Barriers to Big Data, Cloud Innovation

Integration Questions Are Biggest Barriers to Big Data, Cloud Innovation | Financial Risk Management | Scoop.it
Big data analytics and cloud computing hold the power to transform the capital markets. But firms first must determine the optimal mix of new and existing technologies and the most effective ways to integrate new solutions into the enterprise IT e...
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The Dodd-Frank Fiasco Will Tear Your Last Bit of Faith in Congress to Shreds -  

The Dodd-Frank Fiasco Will Tear Your Last Bit of Faith in Congress to Shreds -   | Financial Risk Management | Scoop.it
Floyd Brown shines the spotlight on another fiasco in American government - the blatantly failing Dodd-Frank Wall Street Reform and Consumer Protection Act.
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Technology, Transparency and Choice Drive Buy Side's Investment in U.S. Options :: TabbFORUM - Where Capital Markets Speak

Technology, Transparency and Choice Drive Buy Side's Investment in U.S. Options :: TabbFORUM - Where Capital Markets Speak | Financial Risk Management | Scoop.it
Volumes in the options market are estimated to increase by more than 5 percent as electronic trading fuels access to the U.S. marketplace.
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Trading Credit Derivatives: The New Frontier

Trading Credit Derivatives: The New Frontier | Financial Risk Management | Scoop.it
Former Federal Reserve Chairman Alan Greenspan said in late May, "Credit default swaps [CDSs] are becoming the most important instrument I've seen in decades."
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When you hear the mainstream media begin to talk about a ...

#10 Rapidly rising interest rates could cause an implosion of the derivatives market at any moment. As I am so fond of reminding everyone, there are approximately 441 trillion dollars worth of interest rate derivatives out there.
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Finance Quantitative Introduction :: Economics :: Cambridge University Press

Finance Quantitative Introduction :: Economics :: Cambridge University Press | Financial Risk Management | Scoop.it
Nico can der Wijst takes a #quantitative approach to #Finance: http://t.co/ZAbbQgxHHM
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2013 Annual Survey Results: Available for Download.

2013 Annual Survey Results: Available for Download. | Financial Risk Management | Scoop.it
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FINCAD's annual survey results are now available for download. Read the full report for Buy and Sell-side, view the On-Demand Webinar or check out the presentation slides on Slideshare.

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Is Forecasting Accuracy Completely Irrelevant?

Is Forecasting Accuracy Completely Irrelevant? | Financial Risk Management | Scoop.it
The IMF is once again in the headlines with their latest GDP forecasts. How accurate are these forecasts? This point is important as neither the IMF nor similar institutions (e.g. OECD), nor most sell-side analyst have skin i
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The New Do’s and Don’ts of Outsourcing Hedge Fund Ops | FTF News

The New Do’s and Don’ts of Outsourcing Hedge Fund Ops | FTF News | Financial Risk Management | Scoop.it

The New Do’s and Don’ts of Outsourcing Hedge Fund Ops
June 13, 2013 by Eugene Grygo
 

I got a snapshot of where hedge funds stand as far as outsourcing key operations during a panel discussion at FTF’s HedgeOps New York conference last month. It appears that there are some key do’s and don’ts emerging for external providers such as fund administrators and IT outsourcers...

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From Steve Pentin - Product Marketing at FINCAD: Interesting piece about hedge fund management firms outsourcing IT and other functions.

Key points:

Paying for IT outsourcing is a given for hedge fund startups that may have an advantage over larger firms when it comes to cloud computing

Hedge funds should also consider:
• Moving to off-the-shelf solutions that are much more easily supported than proprietary order management systems and customer relationship management applications with complicated liquidity modules, for example;
• Rethinking their providers if they have a heavy reliance upon Microsoft Excel spreadsheets to communicate key data; hedge fund staff members should also move away from an over-reliance on spreadsheets;

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Quantitative easing alone will not do the trick

Quantitative easing alone will not do the trick | Financial Risk Management | Scoop.it
In the eurozone, quantitative easing by itself is unlikely to be effective. The European Central Bank needs to change the way it manages people’s expectations, too.

Via Finaxys
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Finaxys's curator insight, August 26, 2014 3:06 AM

Well worth reading.

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Dumb reigns in the fight against derivatives rules - News Sentinel

Dumb reigns in the fight against derivatives rules - News Sentinel | Financial Risk Management | Scoop.it
Dumb reigns in the fight against derivatives rules News Sentinel Reappointed in 2009, Chilton quickly made himself a pain in the neck to too-big-to-fail banks, bankers and “cheetah” speculators the world over who claimed 2008 was a freak occurrence...
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New US derivative rules leave Asia markets vulnerable - Reuters

New US derivative rules leave Asia markets vulnerable
Reuters
HONG KONG/SINGAPORE Nov 25 (Reuters) - Several Asian and U.S. banks are working around new U.S.
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Europe’s OTF to follow the US’s SEF?

Europe’s OTF to follow the US’s SEF? | Financial Risk Management | Scoop.it
It is still probably too early to derive meaningful conclusions from the impact of Swap Execution Facilities (SEF) on trading behavior.
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TABB report: Options trading volume could surge more than 5 percent in 2013

The total volume of options contracts that are executed through derivatives trading could surge by more than 5 percent by the end of 2013, according to a report that was recently released by research firm TABB Group.
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The Case for Risk Analytics

The Case for Risk Analytics | Financial Risk Management | Scoop.it
Every company faces myriad risks. Understanding and embracing those risks sets up a business for success.
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Deutsche Bank loses €94 million on CVA mismatch

Deutsche Bank loses €94 million on CVA mismatch | Financial Risk Management | Scoop.it
Hedges worked as capital mitigant, but generated an accounting loss, bank says
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GARP - Upcoming Webcasts

GARP - Upcoming Webcasts | Financial Risk Management | Scoop.it
#GARP webinar for Quantitative Methods in Finance with focus in Risk Management ! http://t.co/dFiuc8tthH
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LCH.Clearnet’s first CDS clearing service for European clients unveiled - bobsguide.com

LCH.Clearnet’s first CDS clearing service for European clients unveiled - bobsguide.com | Financial Risk Management | Scoop.it
LCH.Clearnet SA, the Paris-based European central counterparty (CCP) subsidiary based in France, has received regulatory approval to clear credit default swaps (CDS) for European clients via CDSClear, LCH.Clearnet’s credit default swap clearing...
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