Risk Management Systems Insights
13th June 2018
Historically, energy trading and risk management (ETRM) systems in Europe grew to address automation. In the 1990s, Brady ETRM developed in tandem with northern European markets, while firms like Energeya (bought by FIS) and Sinergetica had greater foothold in the south. The particular demands on energy traders have been made more poignant by the... read more
12th June 2018
Donald Trump has struggled to make substantial gains on a wide range of the divisive policies that catapulted him into office in 2016 – but one campaign promise the president’s administration has managed to follow through on is his pledge to reform chunks of the sweeping Dodd Frank Act implemented by his predecessor.
On 24 May,... read more
5th June 2018
On the sidelines of Money20/20, held in Amsterdam this week, bobsguide caught up with Nick Cook, head of regtech and advanced analytics at the UK’s Financial Conduct Authority (FCA).
What’s on the FCA’s agenda at the minute, concerning technology capabilities?
All of the external facing regtech sits under my department.... read more
4th June 2018
Wikipedia defines middleware as “software glue” that binds mutually independent software systems. There’s no loose definition of muddleware – the messy goo that cobbles together disparate parts in a kludge that becomes harder to manage over time. Typically, this muddling through leads to several opaque systems, each with its... read more
4th June 2018
Since the financial crash of 2008, banks have been reluctant to lend, and SMEs have had to jump through hoop after hoop, fighting to obtain finance. Whether they need cash to help buy stock or essential equipment, or to expand into new markets, at some point almost all SMEs will look for extra finance beyond their usual cashflow.
However,... read more
31st May 2018
One of the early quants at former Wall Street heavyweight Salomon Brothers, Dr Lance Smith has a rich mathematical background, but believes there is much more to risk management than the mathematical models.
“A tsunami strikes Japan, or a Brexit strikes the UK," says Smith. “Things happen that are not in the tea leaves of... read more
29th May 2018
Recent news that a Maersk company carried arms components from North Korea to Egypt - in violation of international sanctions - acts as a fresh warning for those facilitating global trade to be diligent in monitoring and reporting suspicious activity. The transportation of electrical components by a Maersk subsidiary, which had the potential to be... read more
25th May 2018
The deluge of regulations to have hit financial markets since the banking crisis has without a doubt completely reshaped the industry. As well as the burdensome nature of reporting obligations as regulators have attempted to create more transparent markets, capital requirements have fundamentally changed the makeup of each bank and lending... read more
24th May 2018
I recently met with the senior team of a large bank that is evaluating a conversion to a modern core banking system. They articulated an interesting perspective of how they viewed their “core processing”. This in turn resulted in us discussing what “core processing” really means to their bank.
Asking what “core... read more
21st May 2018
If your company has traditionally depended on AXS-One email archiving software to help meet your business needs, you’re not alone. Many organizations used the AXS-One archiving solution for everything from managing the size of their Exchange mailbox to providing support for eDiscovery and compliance.
But times change. For one thing,... read more