Author Archives: Derek Klobucher
McDonald’s Transparency Offers Financial Industry Food For Thought
“Would you like 500 calories, er, fries with that?” Global fast food juggernaut McDonald’s will list the calorie values on its menus across the U.S. next week, giving customers the chance to evaluate their choices. The parallel between this fast food initiative and the financial services industry may seem unclear, but I’ll try to make [...]
Electronic Trading Accidents Can Help Improve Big Data Management
More than a quarter of market participants find its current structure “very weak,” according to a recent TABB Group poll, which indicates that all-too-frequent computerized trading goofs are eroding market confidence. Last month’s Knight Capital tech tragedy killed almost 20 percentage points-worth of warm fuzzies. That’s 26 percent of drivers behind the trading wheel feeling [...]
Securing The Future And The Bottom Line With Data Management
It’s increasingly expensive for big banks to maintain their size, especially while they face growing data management challenges, increased capital reserve requirements and regulatory surcharges. Conventional wisdom used to hold that a bigger bank could better spread its risk. With more assets under its control, a big bank can diversify to the point of almost [...]
CEP Basics Prime Traders for Real-Time Success
“The deluge of information stemming from social media, mobile devices and machine-generated devices,” is a definition of Big Data cited by 18 percent of 154 C-level executives at international companies in <a href="http://www.eweek.com/c/a/Midmarket/Bi…
Big Data Lays the Foundation for Business And Technology
Authorities cannot regulate all of the features that unstructured data will offer, be they in the form of social media and other channels…
Event-Risk Hedging and the Woes of Rebounding Stock
Imagine how horrible it would be if Spain sorted its banking industry, and Greece generally got its act together. Wouldn’t it be awful if European stocks rebounded? Investors who are [...]
The Right Kind of Risk Management
“You should not put your own money at risk,” Rep. Barney Frank said to federally-insured banks Wednesday on CBS This Morning. “We now have a stronger argument for a Volcker Rule [...]
The Right Kind of Risk Management
“You should not put your own money at risk,” Rep. Barney Frank said to federally-insured banks Wednesday on CBS This Morning…
Optimism and Alarm as Events Continue to Shake Market Confidence
“The financial service industry has an image problem,” market information and strategies magazine Financial Advisor wrote after last week’s SIFMA Private Client Conference…
Evolving the Perfect Stress Test
Citigroup needed something positive. It reported increased revenue and profit during its Q1 earnings Monday, which is fortunate, given that “the global banking group could use some good news to counter the disappointment after it recently failed the Fed’s stress test,” Forbes noted last week. Stress testing, or the U.S. Federal Reserve’s Comprehensive Capital Analysis [...]
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