| Risk Technology Spending and the Link to PerformanceAs risk management-related IT spending continues to grow, an Ernst & Young study finds that companies with more mature risk management yield better economic results.. |
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| Straight-Through Processing in a Risk Management FrameworkFinancial institutions that closely coupling their trading and risk systems to share pricing models may get the best of both worlds -- fast, accurate pricing plus a tightly integrated system that is efficient and reliable. |
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| Riskdata Meets Post-Crisis Market Needs with Portfolio DesignerRiskdata says its new portfolio construction system addresses extreme risk scenarios while integrating a portfolio manager’s views on markets and assets. |
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| Axioma Develops Customizable Risk Models for ClientsA company that entered the risk modeling business five years ago as is staking a claim to a new innovation: a model-development tool that affords investment managers a breakthrough in flexibility by incorporating risk factors and variables of their choosing. |
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| Parallel ComputingAs the importance of enterprise-wide risk management systems continues to grow, it is useful to review the true value of integrated technical computing platforms that offer the development of custom analytics, flexible deployment and distributed computing capabilities. |
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| Property ProtectionFor some technology companies in the risk management field, securing patents is integral to their strategies and a way of differentiating themselves in a crowded marketplace. |
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| Multi-Asset SimplificationNew reporting systems can reduce the risks associated with managing information related to multiple-asset-class investments. |
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| For Pension Risk, A U.K. ImportPensions and other buy-side institutions are upgrading and modernizing information technology to address a steadily mounting set of management challenges, due-diligence demands and compliance requirements. That creates enticing growth potential for companies marketing risk and analytics systems. |
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| Better BehaviorBehavioral finance, the study of how emotions and psychology influence personal choices and decisions, is not just for academics any more -- nor even for a select few, cutting-edge hedge funds. |
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| Global and HolisticAs regulatory change has been accelerating, compounding the already burgeoning, post-crisis challenges of financial risk management and compliance, information and solutions companies Wolters Kluwer and FRSGlobal have stepped up the pace of product development and client service. |
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| Bigger Budgets and Better IntentionsAfter cutting most categories of expenditures in the aftermath of the credit crisis that bottomed in 2008, the global finance industry is expected this year to equal or exceed its aggregate information technology spending of '08. |
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| Tools of IntelligenceFew sectors have been spared the pain of the global financial crisis and economic slowdown. Cutbacks in capital spending have had ripple effects throughout private industry, hurting many segments of the technology market, for example. But the business of risk management technology is not one of them. |
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| Backtest: Avoiding Future MadoffsQuantitative investing and risk management emerged from the market depths of 2008 with their reputations tattered. But there is no shortage of true believers who are combining lessons from the experience with technological improvements to make their advanced techniques and analytics more effective and resilient. |
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| Endowments Raise Their Tech AnteIf recent sales of FinAnalytica are any indication, demand for risk management tools is picking up among institutional investors, including university endowments intent on getting a better in-house handle on risk. |
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| What Are the Odds?The probability that a dollar of catastrophe loss paid out by an insurance company will be for fire damage is 1 in 45.05. The odds that a payout will be for wind, hail, or flood damage are 1 in 31.97. Such statistics are the stock in trade of www.bookofodds.com. |
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| Budget for the Next Crisis, Says Head of RiskdataInstitutional investors would much prefer to be focused on the return of upside potential than on the possibility of another crisis, but Olivier Le Marois, chairman of Paris-based risk systems company Riskdata, urges extra caution. |
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| A New Technology DimensionAs part of the movement toward efficient and standardized risk management, an increasing number of Islamic financial institutions are investing in state-of-the-art technology.<br/> |
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| Real-Time RacingAdvances in high-performance computing can bring unprecedented volumes of data at lightning speeds to the desktops of risk managers. But how many are ready to – or need to -- make the technological leap? |
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| More Evidence of an IT BoomletIndustry talk about the robust pace of spending and investment on risk systems has become too persistent to refute. “People are looking for new tools,” said Damian Handzy, CEO of software developer Investor Analytics. |
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| FinAnalytica’s New MessengersBefore the big financial firestorm hit two years ago, software company FinAnalytica had already started building “fat tail” complexity into its portfolio risk management systems. Back then, only quants needed to be in touch with all the technicalities. |
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| Stress Testing for AllInvestor Analytics (IA), which has established itself as a leading innovator in portfolio and risk management services for hedge funds, is widening its reach by extending its five-year partnership with Bank of New York Mellon. |
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| Risk Management Spending Survives Squeeze in IT BudgetsWhile the global recession takes a big bite out of technology budgets this year, risk management is bucking the trend. |
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| The Elusive Goal of Real-Time AnalyticsThe fear of a failing counterparty, with clear implications on profitability and liability, has raised the level of interest in counterparty risk analysis. Now that the desire is there, solutions are in sight, but so are considerable obstacles, both technical and organizational, to achieving them. |
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