SKADI

Binaries And Digitals – The BAD boys are back, and so it would seem BAD behaviour. Securities Lending – Dumb Money vs Transparency – who will win?

CDS – A closer look at the Credit Derivatives Determinations Committee (DC) Convertible Bonds – issuance ramps up, particularly in the US, as issuers look for cheaper financing. What are the potential areas of risk for lead managers?

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...

  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...

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

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?

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...

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...

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...

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....