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2004
Tony Kehoe

Tony Kehoe

CTO at ODL Securities Ltd
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Bio Senior IT Manager with extensive experience in development and management of trading and risk management systems across a number of asset classes, latterly high frequency FX trading and Commodities. Career History CTO at leading Retail FX Electronic Broker. Several Senior IT Development roles at a number of bulge bracket Investment Banks, with focus on Derivatives trading notably Commodities and now FX, Equities and F&O.

Tony is Commenting on

Linking investment bank remuneration to risk assumption.

  I think this will be a natural reaction by the Regulators and Corporate Governance bodies of Financial Institutions to implement some form of "bonus-malus" schemes for Trading Desks. However, before the Regulators and Institutions (encouraged by a flurry of Risk Management Vendors) implement another set of $$$ "bonus-malus" risk management software and controls, I trust those said Institutions get to grip with their existing risk management controls and systems to ensure the risk management basics are in place to aid prevention of getting into the mess they have got themselves into already!    

29 Dec 2008 Reply Read article