The Marriage of Compliance and Risk
With a new regulatory regime in the offing, and the promise of more stringent controls likely to be fulfilled, Matt Grinnell of Fidessa LatentZero looks at how asset management firms can prepare themselves by breaking down the barriers between legal, risk management and compliance teams.
SEC Risk Proposal: A Fair Start But Lacking Specifics
The SEC risk management proposal advocating baseline operational risk controls is a good-faith attempt by regulators to augment risk management within brokers and broker/dealers, however, the SEC leaves too much discretion of acceptable practices to the discretion of the firms whose activities require control.
Pricing Partners Launches Price-it VaR
With the recent unpredictable market movements, the accurate calculation of VaR, risks and stress tests on complex products has become a crucial issue, the vendor says.