THE CHALLENGE FOR BANKING LINE MANAGEMENT
In a recent blog post, which has been very popular I must say, I went off on one of my "wax lyrical" rants about the sorry predicament of line management in banking today. If I refer my own twitter feed I must be one of the few people worldwide to offer a scrap of sympathy to that beleaguered community but fear not chaps I am on your side (if you want!?). My blog post on banking line management is here;-
Market (Price) Risk - Abstracting the Liquidity Component
Léo Apotheker, SAP’s chief executive, resigned on Sunday night in a management reshuffle at the world’s largest business software maker.
The company said Mr Apotheker would be replaced with Bill McDermott, head of field organisation, and Jim Hagemann Snabe, head of product development, in a joint-CEO structure.
Today’s economic environment is driving many enterprise IT organizations to
consolidate, that is, to reduce the numbers of vendors of different technologies and to
reduce the resources used by those technologies within their data centers. Consolidation
means different things at different levels: it can be reducing the number of physical
servers to run a given workload; it can be combining multiple data stores into a single
larger storage facility; it can be the replacement of multiple applications of redundant
Germany’s SAP, the world’s largest maker of business software, offered a glimmer of hope that companies may again be investing in information technology when it said software sales last year were not as sluggish as expected.
The Walldorf-based group said sales of software and related services like subscriptions for web-based computer applications decreased only 5 per cent to €8.2bn in 2009, outperforming a drop of 6-8 per cent forecast in October.
In October 2009, the European Central Bank (ECB) hosted a workshop entitled “Recent advances in modelling systemic risk using network analysis”. Today, the ECB is publishing a summary of the workshop, which was attended by experts from central banks and international organisations working in the fields of financial stability and payment system analysis/oversight.
A new product from TIBCO Spotfire, came to my attention in the summer of '09, for me its one of those really important innovations which don't come around too often.
Casually described as "BODI" by the experts or sometimes just "SAP XI", could be nicknamed BODS now as the acronyms evolve. This product has a long history, in the end its just another ETL tool with some useful templates and development features in place and ambition to move towards ETI but the development process remains familiar to those experienced sufficiently with Informatica, AbInitio or IBM DataStage (now called IBM Infosphere DataStage).
very interesting, strategically & technically
This document is intended to provide a single point of reference for techniques and product behaviours when dealing with SAP Business Warehouse as a data source.
This paper aims to develop the basis for an approach to measure the liquidity risk sensitivity of banks in Luxembourg and to test it on real banking sector data. For this purpose we have developed four different scenarios: run on a bank, use of committed loans by counterparties, netting of the position with the parent financial group and changes in conditions of refinancing operations with the Eurosystem. The impact of all four simulations is measured by relative changes of liquidity ratios that have been introduced for this purpose.
Siag Risk Management Presents its Latest Advances in On Demand and Intraday Tier 1 Portfolio Market Risk Engine Technology to the RiskMinds 2009 Conference:
Geneva 7th – 10th December 2009
Technology Partnership to Increase Risk Visibility With Faster Access to Data and Analysis.
FRSGlobal, the only global provider of risk and regulatory reporting solutions with coverage for over 40 countries on a unified platform, has released a new version of its statistical reporting application to meet the European Central Bank’s (ECB) and Banque Centrale du Luxembourg (BCL) regulatory requirements in Luxembourg four months ahead of the BCL’s testing deadline.
Sybase (NYSE: SY), an industry leader in delivering enterprise and mobile software, and Siag Risk Management (Siag), a specialist technology leader in investment portfolio risk management solution's and functional and technical risk management consultancy, today announced a technology partnership to provide financial institutions with real time, on demand and intra-day visibility of investment portfolio risk.
A study commissioned by Sybase shows the strategic direction of Sybase’s technology development and its application to data management and an ecosystem of risk which includes Siag Risk Management's technology with regard to market price data cleansing (Price Manager) and the consolidation and aggregation of group holding risk down to granular level of instrument/position within portfolios which is also supported by not only IFRS7 but also by Mi
Gartner, Inc. analysts recently highlighted the top 10 technologies and trends that will be strategic for most organizations in 2010.
Gartner defines a strategic technology as one with the potential for significant impact on the enterprise in the next three years. Factors that denote significant impact include a high potential for disruption to IT or the business, the need for a major dollar investment, or the risk of being late to adopt.
It doesn't matter how carefully you store your data if all you store is a collection of meaningless values. Data has a much more colourful personality - each instance has a definition, an origin and a history. Failing to acknowledge the importance of these extra characteristics can render data useless...or worse. Click the Picture
Accounting Standards are firming up (& intensifying) http://www.asymptotix.eu/content/financial-instruments-replacement-ias-39 . Basel 2.75 and CAD 3.whatever are here, now, the Liquidity Reporting Framework is on your desk. It all has to be done by Spring.
