Basel II & III set out the best practice for banks in managing their liquidity. Industry regulators have embarked on the task of defining the measures and controls within their respective jurisdictions that must be adopted by banks. The Basel pillars put in place reserve silos as counter measures to the trading risks of banks, yet it seems that a silo approach to risk management may not succeed and could be unnecessarily costly when credit, settlement and liquidity are a closely linked c
September 14, 2011
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Solution to data management
No not the title of a chapter in a John Le Carre book, nor an invitation to spice up my pc. But in a recent survey looking at impediments to accurate counterparty risk measurement (and management) the top answer was, dirty data. If you extend counterparty risk measurement to include cash and liquidity exposure I'd say you're beginning to see the tip of an iceberg. My company receives account information in SWIFT or proprietary format; we transform, cleanse, aggrega
July 6, 2011
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