Financial services firms should automate and speed up operations, fill risk management gaps, and customize compliance training to help themselves detect early signs of insider trading and massive trading errors especially in the wake of reinvigorated U.S. federal prosecutors and regulators, epitomized by the plea agreement announced yesterday against SAC Capital Advisers and other hedge… Read More >>
Q&A: A Polish Clearing House Reaches Out
FTF News was able to ask Iwona Sroka, president and CEO of KDPW_CCP, a few questions about the services of its new arrangement with NASDAQ OMX, and how working with NASDAQ OMX might facilitate U.S. links to Polish trading markets. The Warsaw-based clearing house, created by the National Depository for Securities (KDPW) in 2011, recently… Read More >>
Time to Get Serious about Intraday Risk Monitoring?
Risk management—especially intraday risk monitoring—is branching out of the middle office as firms try to keep up with volatile markets, cut costs and comply with new regulations. A new survey of 61 bank officials by MORS Software, based in Helsinki, Finland, found that most banks are prioritizing intraday liquidity risk controls even if they haven’t… Read More >>
