Capital Markets Firms Turn to Cloud Computing
Despite disagreement on the actual definition of 'cloud computing,' capital markets firms increasingly are turning to the technology to achieve scale, cut costs and improve time to market. But not everything about the cloud is white and fluffy.
The Tangled OTC Derivatives Marketplace
Rather than build connections to multiple central counterparty clearinghouses, many buy-side firms will rely on third-party services to bridge the gap in OTC derivatives clearing.
Eurex Launches Real-Time Risk Service
Eurex Clearing has launched its new Enhanced Risk Solution, a real-time risk data distribution service for risk management and margining data to its trading and clearing members.
Michael Lewis' "The Big Short: Inside the Doomsday Machine"
First Lewis writes "Liar's Poker" about the excessive culture he witnessed while he was at Solomon Brothers, and now he follows it up with "The Big Short: Inside the Doomsday Machine," a scathing critique of Wall Street and its actions before, during and after the credit crisis.
Wall Street Firms Focus On Vendor Risk (video)
Vendor risk is top of the mind for most Wall Street firms these days. In this video clip, Larry Tabb, CEO and founder of TABB Group, tells us how the credit crisis is changing the vendor landscape as financial organizations seek more stable larger vendors to align with. Still, when the market recovers, we will start to see more innovation, particularly from smaller independent vendors, Tabb says.
Agiliance Releases RiskVision 5.0
Solution for organizations to link security operations with enterprise risk management in cloud, mobile and on-premise environments.