Blog
Press Release: CubeLogic Makes Key U.S. Hires to Accelerate Strategic Expansion into Financial Services
Expansion builds on foundation clients in financial services and a strong track record in energy and commodity markets. CubeLogic’s flexible platform enables alternative lenders to manage credit and market risk for their complex exposures.
REMIT and EU Power markets are set for major change – What does Compliance need to know?
The wheels of change are in motion for European power and gas markets. While many would prefer “evolution” over “revolution”, we might well get the latter should the European Commission get its way. While this story has some way to run still, what might some of these changes mean for regulatory compliance in this sector?
Building Competitive Advantage and Avoiding Pitfalls with Credit Risk Automation
Andrea Caruso at S&P Global Market Intelligence and Karl Sees discussed the risks and opportunities of Credit Risk Automation at the recent S&P Global Market Intelligence event Anticipate the Unknown – An Era of Change: Navigating Global Disruption and Credit Risk.
Now worried about your secondary credit exposure? You should be.
You no doubt will be wondering how SVB’s risk culture and controls could have degraded to the point where it bought $128bn of mainly long dated fixed income bonds at the height of the bond bubble without protecting the balance sheet from the inevitable and existential threat of interest rate hikes. After all, SVB is not a novice; it has been in business for 40 years, so you’d think it would have grasped the basics of risk management by now.
S&P Podcast: Master of Risk | Episode 1: Discussion with Natalia Hunik, Cubelogic
CubeLogic’s CRO, Natallia Hunik speaks with S&P Global Market Intelligence about the stressors of the macroeconomic landscape and their effects on businesses. Through the lens of digital transformation, they explore ways in which firms can enhance their resilience and mitigate risk. Join them as they exchange insights and experiences that can pave the way for a less risky tomorrow.
Worried About the Next SVB?
You no doubt will be wondering how SVB’s risk culture and controls could have degraded to the point where it bought $128bn of mainly long dated fixed income bonds at the height of the bond bubble without protecting the balance sheet from the inevitable and existential threat of interest rate hikes. After all, SVB is not a novice; it has been in business for 40 years, so you’d think it would have grasped the basics of risk management by now.
The CME is on the Enforcement Warpath!
With almost 40 enforcement cases announced between the beginning of December 2022 to mid-January 2023 (a total which excludes summary actions) reaching just shy of $2million in fines, it seems that the CME has significantly ramped up its enforcement efforts. What should firms trading on CME venues such as NYMEX, CBOT and COMEX know about this wave of enforcement? Keep reading below.
What makes Short-Term European Power Market Surveillance So Difficult?
As the SIDC market infrastructure matures over time, the exchanges may work to make such information available as standard. What makes Short-Term European Power Market Surveillance So Difficult? This poses many questions and presents challenges from a transaction surveillance perspective. Without product history there simply cannot be a transaction surveillance calculation. Another consideration is the active and increasing role played by algos and how this might induce your traders to undertake potentially abusive behaviour in the context of the SIDC market design. Some of these challenges emanate from unique market design features and others from the complexity, completeness, and quality of the available transaction data. The Ephemeral Nature of Intraday Products For transaction surveillance solutions to be effective they require transaction data history.
Dodd-Frank Position Limits – A year of living dangerously
As the first anniversary of Dodd-Frank position limits approaches, we reflect on the prospect of enforcement by the CFTC and the many challenges energy and commodity trading firms continue to face in effectively managing this risk.