Sophis has made further enhancements to its flagship Portfolio and Risk Management Solution for Investment Banks, RISQUE. The platform now offers advanced credit derivatives capabilities. Sophis, which started integrating credit default swaps into its solutions two years ago, now offers risk management, hedging, consistent pricing and processing across a range of credit-based products. The latest release of RISQUE incorporates a new pricing model for credit default swaps (CDS) called the Bootstrap model. The Bootstrap model inverts the CDS rate curve to obtain the term structure of default probability. It also includes historical and stress-testing Value at Risk calculations for CDS, and credit risk multi-currency management.
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