Middle office
Technology vendor of the year: Murex
Risk Awards 2020: Firm bets heavy R&D spend will keep it ahead of shifting client needs
Buy side builds bots to cut trade costs
With margins under pressure, investment firms are looking to accelerate automation push
Risk Technology Awards 2019: Making machines more helpful
Machine learning can be too efficient; now, vendors are looking for ways to make it more accurate. Clive Davidson looks at the stories behind this year’s Risk Technology Awards
A helping hand – Addressing industry concerns
The Basel Committee on Banking Supervision’s final revisions to the FRTB guidelines aim to address industry concerns around complexity and capital implications. A forum of industry leaders discusses whether the changes have been effective and how banks…
Patchy response to Isda’s back office of the future
Some banks are quiet, while clearing houses seem split on uptake of Isda data standardisation project
AI moves into middle office at energy firms
Energy firms explore how artificial intelligence can boost returns
Compliance preparations amid uncertain rules
A forum of industry leaders discusses how banks will define individual trading desks under FRTB, whether BCBS 239 compliance projects can help banks meet FRTB risk data challenges, which model validation obstacles banks still face and other key topics
Hackathon finds pre-trade gold in Isda’s post-trade project
Dealers’ derivatives trade processing costs could be cut by at least $3 billion per year
Isda’s O’Malia: back-office costs are ‘killing’ swap dealers
Banks set to begin testing Isda’s common domain model for trade lifecycle processes
Citi and JP Morgan back MarkitSERV rival
Big dealers revealed as first bank clients of swaps start-up truePTS days after legal settlement
Buy side backs trueEX in tussle with Markit
Asset managers worry legal dispute could force trueEX out of business
trueEX sues Markit over threat to withdraw service
Sef claims it would be forced out of business if it loses access to MarkitSERV
ETRM systems edge into cloud, but caution urged
Cloud could revolutionise ETRM systems but hurdles persist, according to survey
Futureproofing risk management
Investing now in a new-generation technology platform for front and middle office is the smart choice. Those who don’t are storing up problems – regulatory and financial – for the future, says Steve O’Hanlon, chief executive officer of Numerix
US public pensions failing on operational risk
Outdated systems and lax controls mean it may only be a matter of time before a US public sector pension plan experiences a major operational risk failure
How UBS reacted to Adoboli losses
In the aftermath of a $2.3 billion rogue trading loss, UBS overhauled its operations and set up a middle office for the first time
Northern Trust to shadow BNY Mellon at Bridgewater
Northern Trust appointed to replicate middle- and back-office functions of existing administrator BNY Mellon at $140bn hedge fund
Energy Risk's 2012 Software Survey and Rankings
Tighter budgets and looming regulation are key factors impacting decisions around energy trading and risk management software systems this year, according to Energy Risk’s Software Survey. David Wigan and Stella Farrington analyse the results