Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
This network brings together professionals involved in the oversight and management of their company's financial risks and exposures as well as solution vendors, in order to discuss risk issues including interest rate risk, foreign exchange risk and commodity price risk, among others.
So we all woke up this morning to find that UBS was reporting a $2 billion loss due to a ...wait for it ... 'rogue trader'. Yes, mistakes happen. Yes, fraud, abuse and criminal activity happen. But y...
Bipin Patel: FT letter to the editor 4 Jul 2011 To see the original article on Financial Time's website click here (you may need to be registered to gain full access). Margin strategy critical in CCP...
After much discussion and soul-searching – the largest banks in the EU have finally published their stress test results to the European Banking Authority which, in turn, published them to the wider ma...
I recently completed some research on single dealer platforms or FX eCommerce systems, which are designed for market makers and dealers in foreign currency trading. My research covered FX aggregation,...
We're hosting a webcast on Finextra right now looking at everyone's favourite tech trend - cloud computing. However, before any IT head worth his iPad case starts dreaming about the processing power,...
I mentioned ‘netting sets' in a previous blog on OTC clearing as a key focus of much debate at a recent OTC derivatives conference. To me, there seems to be some confusion around usage of the term wit...
While speaking at the OTC Derivatives and Counterparty Risk conference in London last week, I noticed a number of recurring themes which continued to pop up throughout the day. Most of the conference ...
Rather than scratching their heads (as a bank recently commented to us), IT teams could use regulation as a driver to delivery more accurate information. Especially in Finance IT which, as another b
“Go and tidy your room or you won’t get any dessert!” I droop my shoulders and trudge off upstairs to set about the gargantuan task of bedroom tidying. It’s going to be tough. Its one thing to take th...
Thanks to Ian Wigman for this gem from WIRED magazine. A man in Switzerland was recently fined a record $290,000 for driving 85 mph in a 50 mph limit. (It was less before he pleaded his case!) The ...
The banking and financial service industry is under ever increasing scrutiny from the regulators. Under the microscope are the banking practices and procedures that affect virtually every area of the ...
When my interest in matching and reconciliation solutions began around 10 years ago, solutions were little more than a box in the corner producing daily exception lists for manual review and archival....