Risk Management, Performance & Reporting
Immediate risks, distant rewards
Research from Greenwich Associates and Omgeo published in February examines more pro-active hedge fund approaches to risk management aimed at dealing with counterparty risk and investor demand. Meanwhile, studies from Tabb Group and Celent Communications…
Safe From the Startup
Risk Technology
Risk tech reviewed
Following the market collapse of 2008, 2009 was a year when asset managers regrouped in terms of portfolio performance and operational margins, which now stand at about 15%, on average, across Europe. But what will happen in the sector this year? Where…
Pricing Partners launches Price-it VaR module
Pricing Partners, the Paris-based independent revaluation specialist and provider of mathematical models and analytics for derivatives and structured products, has released a module providing VaR and stress-test calculations. Named Price-it VaR, it is…
Utilizing Centralization
The concept of a global centralized reference data utility is not new. But some argue now could be the right, and perhaps the only time, to make it a reality. Carla Mangado asks what the next step will be, and whether there is enough clarity on the issue…
Buy-side compliance and risk functions to align more closely
Compliance and risk operations at some investment management firms appear likely to integrate more closely - or in some instances may even combine outright - over the course of 2010, according to projections by financial technology consultancy Aite Group.
Quantifi releases Version 9.3
London-based Quantifi, a provider of analytics and risk management products to the global credit markets, has released Version 9.3 of its pricing, hedging and risk analysis platform. Quantifi says V9.3 provides more robust risk reporting, streamlined…
Buy-side risk projects set to increase in 2010
Following mounting evidence that risk management processes in the traditional asset management and hedge fund industries proved alarmingly inadequate in the midst of the global credit crisis, investment managers are now intending to beef-up risk…
Holland Park selects Algo Risk Service
Holland Park Risk Management (HPRM), a Toronto-based independent risk management adviser to pension fund managers in the US and Canada, has signed a three-year contract for the Algo Risk Service, Algorithmics' outsourced risk management and portfolio…
Operations: the way forward
The last decade has produced a remarkable transformation in the front office - especially from a buy-side perspective - although current trends suggest that operations and risk management will hold the spotlight over the next 10 years. More than ever,…
Progressive embraces business continuity challenge
Business continuity rose to prominence in the wake of the September 11 attacks, as firms of all sizes sought to develop contingency plans as a way of mitigating the business and operational risks resulting from systems failures. By Victor Anderson*
Global IT Spending Set to Rise
NEW YORK-Budget makers in the securities and investment vertical can expect to see between a 2 percent and 4 percent increase in IT spending in 2010, depending on their geographic location, conclude the authors of a recent white paper published by…
Scrambling Toward Liquidity Risk Compliance
Since the start of the financial crisis, the U.K. Financial Services Authority (FSA) has moved swiftly to revamp the U.K.'s liquidity risk management regulatory regime. DWT speaks with P.J. Di Giammarino, CEO of industry think thank JWG-IT Group, to…
News In Numbers
Numbers
Industry Prepares
For February Options Symbology Change, OCC Announces New Test Date
Editor's Letter - Bigging-up the back office
From a buy-side perspective, the front office has traditionally been where all the sexy action takes place. And rightly so. It's the area of the business directly responsible for performance. Come to think of it, the front office is a bit like the engine…