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Are Credit Default Swaps Worse than You Thought?

March 23, 2016 by Eugene Grygo

Are Credit Default Swaps Worse than You Thought?

A new white paper from the Office of Financial Research (OFR), a division of the U.S. Treasury Department, has found that when big banks conduct their stress tests they should be more aware of the dire consequences that indirect counterparties of credit default swaps (CDSes) can have. In fact, the new research suggests that the… Read More >>

Filed Under: General Interest, Minding the Gap, Industry News Tagged With: CDS market, credit default swaps, Jill Cetina, Mark Paddrik, Office of Financial Research, OFR, Sriram Rajan, Stavey Schreft, stress tests, U.S. Treasury Department

Forging IT Leadership in the Regulation Decade

March 20, 2013 by Eugene Grygo

A keynote speaker for the19th ISITC Annual Industry Forum and Vendor Show in Boston this week focused on the industry trade group’s raison d’être when he urged those in attendance to take on the “big challenges” such as driving a consensus to make standards reality such as the push for wider usage of ISO 20022-based… Read More >>

Filed Under: General Interest, FinTech Trends, Standards, Industry News Tagged With: BBH, C24, Citi, Daniel Retzer, FATCA, FIX Protocol, ISITC, ISO 20022, Jan Snitzer, Karla McKenna, LEI, Loomis, Northern Trust, OFR, Omgeo, OTC, Sayles & Co., SunGard, Thomson Reuters, Tim Lind, XSP

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