• RT @RiskDotNet: The #RiskLive 2019 content hub gives you the information needed to prepare for this June's event, including free articles a…
    RiskNet Risk Mgmt Wed 22 May 2019 13:08
  • New online early for #JOP: Why potential cyber risk losses are bigger than the cyber-insurance market.… Link
    RiskNet Risk Mgmt Tue 21 May 2019 12:12

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • Free weekly wrap: the explainability issue. Link https://t.co/2NjHw0SR4c
    RiskNet Risk Mgmt Sat 18 May 2019 10:09
  • "Modeling operational risk depending on covariates: an empirical investigation" has been rated the top #JOP paper o… Link
    RiskNet Risk Mgmt Fri 17 May 2019 11:48

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • RT @RiskDotNet: How to build a model risk management framework? Jing Zou, @RBC will be sharing her expertise with participants of Model Ri…
    RiskNet Risk Mgmt Thu 16 May 2019 14:07
  • New online early paper for #JRMV: Practical recommendations for the validation of the backtesting process under TRI… Link
    RiskNet Risk Mgmt Thu 16 May 2019 12:47

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • Nikolai Kukharkin @TIAA will be delivering a learning session on Model Risk Management & Governance at… Link
    RiskNet Risk Mgmt Wed 15 May 2019 14:01

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • RT @RiskDotNet: Now featuring expert speakers including Hugh Montgomery (Google DeepMind), #RiskLive 2019 will give your team the insight n…
    RiskNet Risk Mgmt Wed 15 May 2019 13:56
  • Internal conduct #surveillance a powerful tool in combating operational risk Link #OpRiskEU
    RiskNet Risk Mgmt Wed 15 May 2019 10:41

    The monitoring of internal electronic messages has become among the most potent tools of first-line risk managers, a BNP Paribas executive has told Risk.net.

    “It is amazing how many people have arguments on chat – between sales and trading over who is responsible for a loss, for example, if they have to report it, say, within 24 hours,” said Andrew Brodie, global head of front office conduct surveillance at BNP Paribas, listing some eavesdropped chats at the OpRisk Europe conference in London

  • Bank of England publishing op risk consultation paper this year – Nick Strange #OpRiskEu #operationalrisk #oprisk Link
    RiskNet Risk Mgmt Tue 14 May 2019 15:15

    The Bank of England will publish a consultation paper later this year, asking banks to prove their tolerance limits for operational risk are realistic and can be adhered to consistently, said its director of supervisory risk specialists today (May 14).

    Speaking at Risk.net’s annual OpRisk Europe conference in London, director Nick Strange said the BoE’s operational resilience supervision was due for an upgrade and its revised approach would focus on two key planks: impact tolerance and business

  • Opinion: Giuseppe Nuti of @UBS on how #BayesianAnalysis can increase explainability compared with black-box… Link
    RiskNet Risk Mgmt Tue 14 May 2019 09:40

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • Buck Rogers is new chief information security officer for @HSBC Link #CISO @bankofengland
    RiskNet Risk Mgmt Mon 13 May 2019 17:14

    HSBC has hired the chief information security officer (CISO) of its primary regulator, the Bank of England, as its first head of resilience risk – a policy area the UK watchdog has made a priority following a string of high-profile service outages among high street banks over the past 18 months.

    Cameron ‘Buck’ Rogers is set to join the bank on June 3, according to two people familiar with the matter. In a sign of the critical importance with which the role is viewed within the bank, Rogers will

  • Online today, the first paper from our special issue on Blockchain Enabled Energy Markets: In pursuit of good gover… Link
    RiskNet Risk Mgmt Mon 13 May 2019 15:04

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • Online today, the first paper from our special issue on Blockchain Enabled Energy Markets: In pursuit of good gover… Link
    RiskNet Risk Mgmt Mon 13 May 2019 14:54

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • Stat of the week Link https://t.co/WsHwrxvXSQ
    RiskNet Risk Mgmt Sun 12 May 2019 13:38

    A Russian bank is responsible for April’s largest publicly reported operational risk loss. Suspected fraud at Yugra Bank has resulted in the arrest of majority shareholder, Alexey Khotin, according to the Investigative Committee of Russia. Authorities are probing the embezzlement of 7.5 billion roubles ($117 million).

    Yugra Bank was declared bankrupt in September 2018 after its licence was revoked by the Central Bank of Russia the previous year. Yugra Bank’s collapse was one of the most

  • Your free weekly wrap is here – The return of Citi FXPB. Link https://t.co/LdhBL4FUjc
    RiskNet Risk Mgmt Sat 11 May 2019 10:07

    Born again: Citi’s forex prime brokerage

    After a $180 million gut-punch, the apex brokerage is now evangelising to amused rivals about the perils of mispricing

    Quants propose new method of calculating op risk VAR

    So-called ‘incremental value-at-risk’ offers future snapshot of op risk exposure, authors say

    SEC may allow wider cross-margining of single-name CDS

    Banks want to cross-margin single-name CDS against options, indexes and cash products

     

    COMMENTARY: Lessons learned

    When the GTEC Pandion Multi-Strategy Fund, a hedge fund following a risky strategy involving exotic options on the Turkish lira, got blindsided by the latest swings in that infamously volatile currency in 2018, it ended up deeply out of the money – and unable to meet a massive margin call from its broker, Citi. The failure in turn left Citi’s forex prime brokerage (FXPB) division far into the red, with a reported $180 million loss.

    ...
  • The #RiskJournals team will be at the OpRisk Europe event next week. Drop by and say hello! https://t.co/W8Qc6er95b
    RiskNet Risk Mgmt Fri 10 May 2019 15:46
  • Last chance to use the lowest price for Model Risk Management course in New York! Book today – SAVE $200… Link
    RiskNet Risk Mgmt Fri 10 May 2019 13:46

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • The early bird rate for our upcoming Behavioural Modelling training course ends today! Don’t miss your chance to re… Link
    RiskNet Risk Mgmt Fri 10 May 2019 08:31

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • Delve into best practice approaches to building a model risk framework at #RiskTraining course in New York on 4 – 5… Link
    RiskNet Risk Mgmt Thu 09 May 2019 13:50

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • Attend Model Risk Management course in New York on June 4 – 5 and save $200 - book your ticket by Friday, May 10 at… Link
    RiskNet Risk Mgmt Wed 08 May 2019 14:24

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • New online early paper for #JCF: "A new approach to the quantification of model risk for practitioners"… Link
    RiskNet Risk Mgmt Tue 07 May 2019 15:38

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • RT @RiskQuantum: NEW: @HSBC's liquidity coverage ratio dropped to 143% in Q1, down from 154% at end-December. The ratio is now at its lowes…
    RiskNet Risk Mgmt Tue 07 May 2019 13:22
  • Free weekly wrap: Overreaching on trade matching. Link https://t.co/yVSXK2aLaL
    RiskNet Risk Mgmt Sat 04 May 2019 10:14

    SA-CCR may need more fundamental fixes

    Quants propose tweaks to improve Basel counterparty credit risk framework

    EU’s new securitisation market stumbles out of the gate

    Lack of single supervisory authority is hampering EU efforts to create new markets

    Data reveals Emir swaps report matching rates at 40%

    Figure is better than some feared, but still calls into question the value of dual-sided reporting

     

    COMMENTARY: Overreaching on trade matching

    The truth is out – Emir’s grand plan is turning out very badly indeed. The European Market Infrastructure Regulation called for, among other things, compulsory swap trade reporting – since 2014, swaps market participants should have been reporting the details of every trade they make to a trade repository, which then pairs up the reports of each trade from both counterparties (pairing) and checks that both sides’ reports tally up (matching).

    It has been known for...

  • The early bird rate for our upcoming Deposit Modeling New York training course ends today! Don’t miss your chance t… Link
    RiskNet Risk Mgmt Fri 03 May 2019 14:34

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

S&P500
VIX
Eurostoxx50
FTSE100
Nikkei 225
TNX (UST10y)
EURUSD
GBPUSD
USDJPY
BTCUSD
Gold spot
Brent
Copper
Last update . Delayed by 15 mins. Prices from Yahoo!