Functional enhancements to Risk Vision include improvements to the system’s credit mitigation capability with unified use of netting agreements across all engines and limits, enhanced support for credit derivatives, and improved modelling of collateral portfolios and collateralisation agreements. Support for the new Basel II rating factor-based calculations is also included. Risk Vision has also undergone substantial development in the area of advanced interest rate pricing and portfolio analysis. All market risk or credit risk results from ad hoc runs or ‘what if’ analyses can now be accessed from the comprehensive new Portfolio Risk Viewer. Extended market risk statistics can be calculated by ‘trading desk’ accurate pricing routines, which now cater for a full spectrum of complex option types, either by optimised simulation, by full historic or Monte Carlo simulation techniques.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.