SKADI IMPACT PIECES

skadi horizon – august 2023
CDS – Credit Default Swaps are back! What could possibly go wrong....? Record keeping – Do this month’s censures on record keeping signal a shift in regulatory attention? SKADI explainer – Following BoE CHAPS and RTGS technical issues in August – we take a closer look...

SKADI HORIZON – JULY 2023
Debanking – are there larger ramifications around recording confidential information within Financial Institutions? Shortening Settlement Cycles – reduced timeframes between execution and settlement present increased operational risk, we explain how to prepare...

SKADI HORIZON – JUNE 2023
Wholesale banks and cyber risk for data and models Culture risks in financial institutions Russian ADRs – reconciliation of ADR versus local

SKADI HORIZON – MAY 2023
Currency restrictions: When investors run for the exits, we explain the operational implications. Volatility in the Gilt market returns: We highlight areas of weakness. Forward looking: Are you prepared for the next instrument which could turn negative?

SKADI HORIZON – APRIL 2023
The devil is in the detail, knock-on effects to consider operationally as clients seek new deposit facilities after various US bank failures. Oi...oi....AI ... thoughts on generative AI and Internal Audit functions. Times, they are a changin’... both USD LIBOR and...

SKADI HORIZON – FEBRUARY 2023
Back to the future - operations staff resort to 1980’s processing methods when systems are upended by a cyberattack. Record keeping (not the vinyl type!) - regulators expand WhatsApp messaging probe further into the buy-side – will other firms be next? Forward looking...

SKADI HORIZON – JANUARY 2023
Independent price source reviews – post Bloomberg/SEC settlement. Documentation review – a check on “fall-back” provisioning with USD. LIBOR cessation on the horizon end June 2023. Russian sanctions – a blocked shareholder vote, and replacement...

SKADI HORIZON – DECEMBER 2022
BIS Quarterly Review – two stories that caught our attention. Taxing times ahead (again!) – we return to a common theme of previous Horizons in 2022. In this month’s SKADI Spotlight, we look at Back-to-Back bookings from an ops perspective....

SKADI HORIZON – NOVEMBER 2022
The fallout from the gilt sell-off continues. We look at how manual processes can cause bottlenecks within financial institutions. Year-end marking. How will private markets be marked to reflect the public markets sell-off. In this month’s SKADI Spotlight – Uridashi...

SKADI HORIZON – OCTOBER 2022
In this month's edition... NY Supreme Court case regarding amendment of the “no-action” clause in bond documentation... a look at interest rate hedging... threat of uptick in fraudster “low taxation schemes”.