As financial markets move towards round-the-clock trading, risk-management infrastructure must be brought into the digital age, with technologies such as …
After the GFC, the BCBS drafted the Basel III framework, with the aim of improving the stability of the international …
Paper documents and manual processes continue to dominate the derivatives industry, affecting speed and efficiency. ISDA is confronting these issues …
The OTC derivatives market requires a unified, international set of reporting rules to give regulators the data they need to …
For a long time, international banking depended on the London Interbank Offered Rate (LIBOR) for interest rates. However, this benchmark is being …
The benchmark LIBOR, the reference rate for trillions of dollars of financial transactions, will be phased out at the end …
Derivatives carry the potential to drastically increase or drastically decrease initial investments, depending on the underlying assets’ price movements. Derivatives …
Transitioning from the London Interbank Offered Rate to the risk-free rate alternatives such as SONIA and SOFR was at one …
Financial services firms in the UK have more questions than answers about how Brexit will affect their operations. The uncertainty …