Northern Trust has gone “live” with Algorithmics’ stochastic credit exposure measurement for its trading portfolios across its foreign exchange operations in London, Chicago and Singapore. This implementation combines Algorithmics’ credit simulation functionality with its pre-deal limit functionality and the AlgoMarket solution, already in place at Northern Trust. A stochastic approach to potential future exposure calculations provides a more accurate credit-risk modelling and will enhance the institution’s risk measurement, performance measurement, capital allocation and planning activities. Northern Trust also employs Algo Credit for pre-deal limits management to support intra-day and continuous trading operations.
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