China-focused investment bank, Citic Capital, is to align risk management with international best practice after choosing Sophis’ Risque as its platform for risk management and proprietary trading. Hong Kong-based Citic will use the system both for its proprietary trading activities, which encompass cash securities and derivatives in equities, fixed income and FX, and for major areas of its risk management. “Our mission is to be a leading China-focused investment bank, and we wish to be aligned with international standards in terms of risk management best practice, so we looked for a platform that would support our fast-growing capital market activities across asset classes. We were convinced by the broad coverage of Sophis’ system combined with its strong ability for risk analysis on cash securities and derivatives, and advanced VaR methodology,” said Peter Pang, head of risk management at Citic.
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