The 3 Biggest Pain Points on the Road to Swaps ClearingMarch 12, 2012Central clearing promises to bring transparency to the OTC derivatives market and reduce participants' risk. But dragging swaps out into the open is a difficult road. Here are three challenges adding to the buy side's pain -- and insight into how they can
Who Do Buy-Side Firms Trust With Their Money?March 08, 2012In the absence of clear rules on customer collateral protection, the question of default risk weighs on investment managers entering the swaps clearing game, and some market participants argue that custodians offer a safer option than brokers.
10 Trends That Are Reshaping the Wall Street Back OfficeJanuary 25, 2010With new regulations on the way and calls for greater scrutiny and transparency into how financial instruments are priced and cleared, the importance of a strong back office is destined to receive a lift this year. Here are 10 developments that are reshapi
Oracle Releases New Solution to Help Banks Manage ExposureApril 16, 2009The enterprise application enables banks to achieve a holistic view of their exposure by helping them to centralize collateral management, limits definition, and tracking and measurement of exposure across the institution, according to Oracle.
Collateral Automation to Be A Trend in 2009December 19, 2008Market turmoil placed a spotlight on counterparty risk, and collateral management is critical to mitigating counterparty credit exposure. Solutions that help value and manage collateral on a near-real-time basis will be one of the few areas of IT investmen
NYSE Specialist Elimination Is OverdueDecember 12, 2007The NYSE specialist may soon be eliminated and replaced with designated market makers. But whether these new market intermediaries are effective and profitable is questionable.