trading and client connectivity, SunGard’s global trading business
Contributor: David Morgan
The regulatory push towards real-time trading risk management was addressed in a panel session at the 2012 SunGard Industry Seminar in London. The discussion pulled together of a lot of useful information for participants, but ultimately didn’t generate too much controversy. It seems that the regulators are for the most part pushing at an open door with their demands for tighter pre-trade risk controls. Stories abound, we’re told, of risk management teams now able to pursue projects they had long thought important or even necessary, but had historically lost out to other competing priorities.
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senior manager - consulting, SunGard Global Services
Contributor: Nathan Yeager
On April 10th, the CFTC approved a proposal to further extend the temporary exemptive relief provided in the July 14, 2011 order from July 16, 2012 to December 31, 2012.
This grants energy market participants relief from two primary categories of regulation:
Those that require no rulemaking, but are dependent on a definition that does - i.e. "swap", and;
Those that remove prior exemptions from regulation such as agricultural commodities.
Market participants should not expect relief from compliance dates for those rules already finalized with no further dependencies. For example, the Large Trader Reporting for Physical Commodity Swaps rule has already been finalized and is not dependent on any further definitions. As such, market participants should continue their efforts to meet established compliance dates.... read more
senior product specialist, SunGard's capital markets business
Contributor: Magnus Almqvist
The overarching objective of increasing market resilience and stability during periods of turmoil is shared by most, if not all, market actors. But that is where the agreements seem to end. How to achieve this, and how successful the regulators can hope to be is something that could be debated and discussed endlessly. We certainly had a good go at it during a recent panel discussion at SunGard’s London Industry Seminar, and I made the following observations from the event.... read more
chief operating officer, Protegent, SunGard’s capital market business
Contributor: Steve Sabin
Compliance is complex and expensive—but not as expensive as non-compliance. Fragmentation, continued regulatory changes, and globalization of regulation are among the top concerns for most securities firms today.... read more
Contributor: Oliver Muhr
Is it possible to predict future crises based on economic indicators from the past?
Two ECB leaders, Andreas Hake, head of division, statistical information services, and Jean-Marc Israel, head of division, monetary and financial statistics, joined SunGard’s MarketMap for a webinar.... read more