Libor
TMX, CanDeal strike deal for Canadian benchmark transition
Canada is one of many countries moving away from opinion-based benchmarks like Libor in favor of alternatives based on observable trade data. TMX and CanDeal are working to deliver a new rate which will take over as Canada’s official loan benchmark next year.
IHS Markit soft launches more Risk Bureau capabilities ahead of Libor transition
The newly-acquired data giant targets the sell side with a suite of new risk-based applications meant to help banks with the transition from Libor, which is expected for the end of this year.
FRTB–Taking Stock of Where We Are Today
This report distills the new approaches for calculating market risk outlined by the Basel Committee, and how regulators across Asia, Europe and the US plan to roll out FRTB in their markets. In addition, the report includes the inputs from banking…
The ABCs of NLP: How Trading Firms Used NLP to Navigate 2020
This year, natural language processing came to the fore in capital markets, helping firms of all kinds parse huge, unstructured datasets.
Moving forward with Libor transition and Ibor reform
This report provides a guide to figuring out what is at stake with Libor and other interbank offered rates. It addresses the challenges and risks, the development of alternative data or reference rates, and begins the process of replacing Libor well…
Numerix Develops New Libor Transition Tool
NextGen Strategic Advisors partnered on the Oneview extension, which combines machine learning and NLP to help firms prep for Libor’s discontinuation.
Sluggish Back-Office Systems Added to Margin Pressures
Systems supplied by FIS struggled to handle a massive spike in March trading volumes, according to multiple sources.
TMX Forges Ahead to Offer Round-the-Clock Derivatives Trading
Despite the coronavirus, the exchange is on track with plans to offer near 24-hour derivatives trading, new interest rate contracts, and increased transparency into ESG risks.
Banks Brace for ‘World’s Largest Corporate Action’ as Libor Switch Looms
The transition away from Libor is a mammoth task for the banking sector—one that the industry is increasingly finding itself woefully unprepared for. By Hamad Ali
Isda Seeks Vendor to Publish IBOR Fallback Rate Adjustment Data
The vendor will be responsible for publishing the compound setting in arrears rate and the spread adjustment based on historical data, following the discontinuation of IBORs.
Third Country Benchmark Administrators Struggle Ahead of BMR
Failure to comply by 2020 will result in EU supervised entities’ inability to invest in products that reference benchmarks not approved by Esma.
Refinitiv Head of Market Structure Previews Regulations to Watch in 2019
In the spirit of giving, Refinitiv's head of regulatory and market structure shares which regulations he's keeping an eye on in 2019.
December 2018: Getting There
Data management is more about striving than finalizing.
Trouble with the Curve
As the industry scrambles to find the next best thing in a post-Libor world, the most viable emerging substitutions are based on actual transaction data, but still fall short.
After Scandals, Banks Release Chat Back into the Wild
Chat tools are being embraced again as the industry seeks more efficiency in the workflow.
Waters Wavelength Podcast Episode 80: All About Digital Currencies (And Some Libor, Politics & Game of Thrones)
There were major moves in the crypto space this week, which James has covered closely. They also discuss Libor's future phase-out, talk politics and analyze Game of Thrones.
The More Things Change
Regulators may be about to call the industry's bluff on Mifid II time pressures
FCA Puts Libor on Notice for 2021 Phase-Out
UK regulator puts scandal-hit benchmark on notice as industry examines alternative rates
ICE Benchmark Admin Lays Out Libor Plans
ICE has also outlined plans to transition to calculation of Libor.
Recommind Launches Axcelerate 5.5 With Instant Messaging Analysis
The new platform will enable financial firms to analyze chat data
Users Fear New Fees from FSB IBOR Reform
Data consumers concerned that rates reforms may create new feeds with accompanying fees.