credit crisis news from FierceFinanceIT
NewsCollateral management systems draw more attention
It's fair to say that collateral management was seen as a sleepy backwoods area that got much more attention after the credit crisis (credit crisis news) took hold. Counterparty risk, of course, got... Read more...
Flexibility driving core system replacements
Even before the credit crisis really took hold, the market for core system replacements seemed to be on the wane. The heyday of core system change was back in 1985 and 1986, when 1,200 institutions... Read more...
Bank of America launches new corporate service
Bank of America (BAC) wanted a new corporate cash solution to offer, but it wanted to get it right. It consulted 19 clients, which formed an advisory committee of sorts. The result is its new CashPro... Read more...
What are your single points of failure?
We tend to think about single points of failure in terms of hardware. Wall Street has certainly been trained on the issue of redundancy and catastrophe planning, but the recent credit crisis has made... Read more...
Will internalized dark pools suffer in crisis?
The TowerGroup has issued a report that notes eight ways that the buy-side will be affected by the credit crisis. Broadly speaking, the buy-side historic dependence on the sell side may fracture just... Read more...
In man vs. machine battle, man seeks upper hand
There has been lots of talk about how human traders are being disintermediated by electronic trading services. Working as a cash equities trader hasn't carried a lot of cachet on Wall Street for... Read more...
The answer to the OTC derivatives problem?
Truth be told, the lack of an automated OTC derivatives execution and clearing platform was an issue even before the credit crisis hit. Now, after the global carnage, regulators have all but mandated... Read more...
CDS back office still a looming nightmare?
It's hard to believe that the credit default swap (CDS) market is now about twice the size of the U.S. stock market. But it's true. The market has been growing phenomenally and, despite a lot of... Read more...
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Company News: > Thomson Reuters ramps up at a tough time. Article > BATS vs.... Read more...
| Press ReleasesFitch: U.S. Credit Card ABS Structures Withstand Prolonged StressNEW YORK--(BUSINESS WIRE)-- U.S. credit card asset-backed securities (ABS) have demonstrated a resiliency to prolonged credit quality stresses and averted downgrades throughout the economic downturn, Read more >> Private Student Loan Rates Drop, Lending Terms ImproveBOSTON, Aug. 10 /PRNewswire/ -- After a few years of strict credit requirements and limited options, students this year have seen financial institutions once again offer private student loans. And Read more >> Operation HOPE Launches Mortgage HOPE Crisis Hotline and HOPE Consumer Credit Crisis Hotline at New Regional Offices in DoExpansion into Georgia Follows HOPE’s Commitment to Provide Economic Empowerment to America’s Southeastern Region ATLANTA--(BUSINESS WIRE)-- In response to the ongoing financial struggles of middle- Read more >> Fitch Withdraws S-T 'F1+' Rating on Northside, TX ISD Var Rate Unlimited Tax Ref Bds, Ser 2003-BNEW YORK--(BUSINESS WIRE)-- Fitch Ratings withdraws the short-term 'F1+' rating assigned to the Northside Independent School District (ISD) variable-rate unlimited tax refunding bonds, series 2003-B Read more >> Re-priced Assets Key to Commercial Real Estate ReboundProperties Being Written Down 50%, Says CCIM, RERCCHICAGO, Aug. 2 /PRNewswire/ -- The CCIM Institute and the Real Estate Research Corporation (RERC) reported today that the commercial real estate Read more >> |
