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Exploring FRTB's Fragmented Implementation Across Jurisdictions
The fragmented implementation of the Fundamental Review of the Trading Book (FRTB) across various jurisdictions poses major challenges for global financial institutions. Dissimilar go-live timelines and rules are leading to inconsistencies in capital requirements and regulatory burdens. Learn about FRTB complexities in our blog.
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Mastering Negative Rates with the Right SABR
Negative interest rates were originally intended to be a temporary measure for accelerating growth. As many of us recall, in 2015 the European Central Bank (ECB) set its Deposit Facility Rate below zero with the aim of jump starting the economy. Since then, other nations have joined the action as well, including Japan, which adopted a negative interest rate policy just last year. Fast forward to
May 31, 2017
Blog
How to Improve Returns with Better Collateral Management
There is no doubt about it – multi-currency collateral management is now an integral part of overall risk management. This is particularly true as regulations push to collateralize funding of derivatives, and require more derivatives to be centrally cleared. The increase in collateralization is making multi-currency derivatives strategies increasingly more complex. But, what triggered the
May 24, 2017
Blog
How to Accurately Value Complex Derivatives
As an account manager at FINCAD, I’ve been given the opportunity to work with many different clients, each with their own unique stories, goals and challenges to overcome. One of these is the Turkish Economy Bank (TEB). For those unfamiliar, TEB is a partner of one of the world’s largest financial groups, BNP Paribas, and is active in commercial, private and retail banking. They came to us looking
May 18, 2017
Blog
How Leading Pensions are Managing their Greatest Risks
I recently attended the Canadian Pension Risk Strategies Summit in downtown Toronto. This conference provided a great opportunity to hear about some of the most pressing issues confronting pension plans, insurers, consultants and asset managers today. Featured speakers included David Kaposi of Ontario Power Generation, John Poos of Loblaw Companies Limited and Patrick De Roy of Caisse de dépôt et
May 12, 2017
Blog
Are You Prepared For a Multi-Asset World?
For buy side firms, moving to multi-asset investing is becoming critical to adapting to changing markets and achieving a competitive advantage. A myriad of factors, including difficult market conditions, byzantine global regulations and fierce competition are driving this change. This shift is also placing heavy demands on portfolio and risk systems that were not designed with a multi-asset world
May 2, 2017
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