Trading Systems Insights

Since the global financial crisis, regulators have given increased attention to the responsibilities of fund management companies* in overseeing their delegated functions. The US Investment Company Act of 1940, and AIFMD and UCITS in Europe, are clear that – while the valuation function may be outsourced – the overall responsibility for... read more

Bank resolution frameworks are so focused on past lessons they are failing to prepare for potential future events, according to the acting head of department of financial stability and consumer protection at the Swedish National debt office. “To compare it to the military, there is always a risk that you are planning for the last war... read more

Societe Generale’s (SocGen) closure of its commodities business is confirmation of a downward trend between large banks and the commodities market, say industry analysts and market participants.   “The share prices told you that SocGen were one of the worst performers over the past couple of years – earnings and profits... read more

Nord Pool’s splitting of its market coupling operator (MCO) operations from its power exchange business could be the first indication of a wider movement by nominated electricity market operators (NEMOs) in reaction to the EU’s Network Guidelines on Capacity Allocation and Congestion Management (CACM), according to a source close to the... read more

Artificial intelligence is set to transform businesses in ways we’ve not seen since the industrial revolution. The digital era is evolving in the wealth management sector, leading to a dynamic increase of AI and robo-advisory tools. 25% of 600 banking professionals, surveyed by MoneyLIVE and presented at FStech, said they... read more

A number of large conglomerates with exposures in European commodity derivatives are still relying on manual processes such as Excel to collate data and comply with the second Markets in Financial Instruments Directive (Mifid II), according to lawyers. “Some of our clients have had to do it manually, so they’ve had to allocate people... read more

The threat that central counterparties’ financial stability poses is not being treated with appropriate concern, according to the head of the Systemic Risk Council (SRC), an independent regulatory advisory organization. “At the moment there is, as far as the SRC can tell, no plan for what would happen if recovery fails other than a... read more

For digital transformation to be a success, collaboration is crucial. While technology enables new ways of working, collaboration is the key catalyst to moving the dial on digital transformation programme success. Digital-first, customer-centric financial institutions that have achieved harmony between digital transformation and collaboration share... read more

It will take four to five years for the treasury management sector to embrace blockchain technology in assisting with calculations of reference rates, according to John Byrne, owner of Salmon Software. “If you ask any corporate treasurer would they use blockchain as an alternative, you would fit their response on the back of a stamp... read more