Securities clearing has seen many reforms since the Great Recession, but these overhauls such as the improved management of credit, market and liquidity risk still need to be consistently implemented across the globe, according to a new report from the World Federation of Exchanges (WFE) and Oliver Wyman. The report, “The Future Of Clearing,” finds… Read More >>
WFE Pushes for Human Firewall Against Cyber-Attacks
The World Federation of Exchanges (WFE) is taking a behavioral approach to the problem of establishing long-term, cyber-security compliance, officials report as they publish a guideline of best practices. A new white-paper lists best practices that are an alternative to “classroom-based refresher sessions,” and are intended to push a move toward “thinking more creatively about… Read More >>
