Oil, options and inflation: Looking for a silver lining

Year-end outlooks from most analysts project the low-price environment in the oil market will continue for most of next year, but some pundits emphasize that the market has bottomed out and suggest recovery, though gradual, may be seen if increasing demand outpaces supply growth and sops up some of the […]

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Learning from theSkimm to simplify bank stress testing

I have a short attention span. So, imagine my delight when a colleague of mine introduced me to theSkimm. If you are not familiar, theSkimm takes the top news stories of the day and summarizes them quickly, in ways that are easy to understand – and often linked to pop […]

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From boom to bust: Searching for sustainability in the new oil climate

Times have changed. As the oil industry shutters and sheds investments that made sense during the two-year period in which oil rode comfortably above $90, the market is establishing a new equilibrium at $40/barrel. This despite the fact that the Baker Hughes domestic rig count is down 64 percent. It’s […]

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Oil portfolio restructured and back in the money

Though crude oil prices edged up last week, the market remains well below VirtualOil’s original $50 strike price, meaning the hypothetical portfolio’s production is shut in in the spot market again. Oversupply continues while China GDP forecasted growth is slowing. Given the market outlook, the VirtualOil board has decided to […]

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Risk & fragility: Subjective, risk is

I asked a Nuclear Engineering Professor friend of mine, after the Fukushima power plant disaster of March 2011, whether that incident would have a positive or a negative impact on his industry. His response was that it would have a short-term positive impact as a result of publicity generating a […]

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Could high-performance analytics have prevented the housing crisis?

There's been a lot of conversation recently around SAS High-Performance Analytics.  And, rightly so - it's incredibly cool and applicable to every industry imaginable, including financial services. What if your risk calculations had seen the '08 credit collapse in time?  CBS SmartPlanet addresses this (and highlights SAS High-Performance Analytics, with […]

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Higher performance, lower risk with grid computing

The volatile financial markets leave no wiggle room for risk. Or second thoughts. We need the right answers to some tough questions, and we need them now. There is zero tolerance for errors. And no time for delays. Samsung Securities gets it. That's why they've boosted their SAS solution for enterprise risk management […]

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CFPB interview: Product development in the era of regulatory unrest

One of the most widely attended sessions at the BAI Retail Delivery conference was a Q&A hosted by John Colas, Partner at Oliver Wyman. Colas was interviewing David Silberman, the Assistant Director, Deposit and Payment Markets Consumer Financial at the Consumer Financial Protection Bureau (CFPB). As you can imagine, there […]

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An educated use of risk models in the financial services sector

I had the pleasure to be the host of the Risk and Finance Insight Session on the second day of The Premier Business Leadership Series, where we discussed the subject of enterprise risk management and financial stewardship. With global, political and financial upheaval becoming the norm (and during the conference […]

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Risk: confident or complacent?

A panel of risk experts gave their reaction to the publication of the fifth global risk management survey report undertaken by SAS and the Economist Intelligence Unit. The report suggests that while lessons have been learned, some institutions may be sliding into complacency. At any rate, risk appetites are growing […]

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