Best Practice

Digital transformation in Banking and Capital Markets has been a ‘thing’ now for quite some years. This article outlines a practical approach for the sector to accelerate that transformation read more

This paper asserts that the mid-market price should be the benchmark data set against which transaction costs are measured in OTC currency markets. On average, market-making banks trade at the mid-market price. The cost in basis points between the transacted rate and the mid-market rate, multiplied by the volume of the empirical trade, provides a... read more

This paper details a solution to the absence of reliable volume weighted average price (VWAP) data in over-the-counter (OTC) foreign exchange markets: The Interval Time Average Price (ITAP). The methodology can be used to evaluate trading costs in OTC foreign exchange, even in cases where time stamps may not be available in the trade history. The... read more

The Optimum Currency Liquidity Heatmap charts the hourly level of liquidity per currency. Clients use the Heatmap to efficiently plan the timing of currency deals, avoiding costly transactions at illiquid times where spreads are prohibitively wide. By executing at the most liquid times for each relevant currency, clients can significantly improve... read more

Siarhei Niaborski, executive vice-president of risk at CompatibL, discusses the rate of cloud adoption in the capital markets industry and its possible drivers and barriers, how firms can derive maximum value from cloud usage and the criteria on which firms should determine their choice of cloud model. read more

Moving from one infrastructure to another is complex and carries risk, so any such project should not be underestimated. The small details, that can often not be immediately on the radar can quickly become critical, e.g. different default values for timeouts etc. The early inclusion of our customers in projects is necessary as also is an early... read more

Liability-driven investing has become increasingly popular across Europe and the U.S. as demographics present growing challenges for many pension plans. This new ebook analyses current market dynamics and answers the key questions of LDI managers while offering insight into how technology can help funds to better serve clients, improve operations... read more

By delaying the execution of certain FX trades to capture the benefits of netting, additional market and timing risks are assumed. FX Transparency argues, however, that the FX market is efficient, and hence just as likely to move in the investor’s favor over that time horizon, as it is to move against the investor, and that over the long run, the... read more

Celent, the leading research, advisory, and consulting firm focused on financial services technology, recently awarded Prometeia an XCelent Award in the category of Advanced Technology & Analytics for Balance Sheet Management and ALM software solutions. Download the report read more