The Party on the Other End

Indeed, that is the question of the hour. While financial experts pontificate about the calamitous year and how to avoid any further collateral damage, banks have to figure out a way to measure counterparty risk. Even in a brutal recession or­-worse-a depression, making sure that firms live to trade another day is job one for today's risk managers and senior technologists. The trading systems might be perfectly fine-smooth communications with minimal latency here, high-tech trading floors there