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Operational Risk Management

To share information, ideas and experience relating to all aspects of op-risk management and compliance with Basel II

Gary Wright - BISS Research - London | 30/10/2008 | 2687 views

As a regular writer of articles and of course blogs, the issue of publishing material that is never overtly offensive, is of course always uppermost in mind. There should always be self discipline in evidence and not a reliance on the media outlet to take any preventative action. If anything which is deemed in extremely bad taste or tests the legal... Tags: Cards, Dealing rooms

Gary Wright - BISS Research - London | 23/10/2008 | 4049 views | 2 comments

Is There A Solution To Identity Theft?

Hardly a day goes by before a new story hits the headlines about another fraud. No one it seems is immune from the French president to the man in the street, small businesses to large corporations, there is no safe haven, with all protective measures apparently inadequate to reduce this rising crime. Latest crime figures have shown that the identit... Tags: Cards, Dealing rooms

Gary Wright - BISS Research - London | 23/10/2008 | 3073 views

DTCC merger with LCH Clearnet

This news is just what the market needed to hear. One of the hopes for the future is that the finance industry not only recovers from the current crisis but changes its structure fundamentally to prevent any reoccurrence. The disparate nature of clearing in the international markets makes no sense and is a carry over from a bygone age. Unfortunatel... Tags: Dealing rooms, Trade execution

Gary Wright - BISS Research - London | 20/10/2008 | 3206 views

Crisis at AIM as listings dry up

At this week's Corporate Finance forum the financial crisis was, as expected, at the top of the agenda. Two speakers presented equally doom laden news and the general mood was as downbeat as you can get. The interesting point from both presentations was that throughout this year there has been a massive number delisting of companies on AIM. There h... Tags: Risk & regulation, Post-trade & ops

John Cant - MPI Europe Ltd - London | 15/10/2008 | 4589 views

Excel is like a chainsaw

Excel is a powerful tool. Like a chainsaw, in the hands of a skilled operator it is hugely effective – but in untrained or rushed hands and without the proper safety equipment it can be positively dangerous. This latest story of spreadsheet mayhem is just another illustration of the power to get it wrong. Microsoft themselves understand that... Tags: Risk & regulation, Wholesale banking