Universal Credit Derivatives Add-In, will be officially launched on 1st September 1998. Dr Mamdouh Barakat, Managing Director, says ‘Credit derivatives are a rapidly expanding sector. Transferring credit risk enables a more efficient match between credit exposure and the resources devoted to credit risk management. One example of a credit derivative is a Credit Default Swap in which the ‘protection seller’ gains a periodic income stream by guaranteeing that a third party will not default (or be downgraded). The market for off-the-shelf inexpensive analytical products to price these instruments is still in its infancy. We have priced the add-in at a mass market price, bringing it within reach of all market participants. As the system is enhanced in future by the addition of new credit derivatives, the product will be at the centre of MBRM’s on-going research in the credit derivatives sector.’
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more