Day: 13 August 2020

Harris Joins Verdence Capital Advisors

Former Campbell & Company president Mike Harris has named as director of Family Office and partner at private wealth advisory firm Verdence Capital Advisors – he will lead the growth and enhanced offerings for the firm’s class of family office clients. Harris spent almost two decades at hedge fund Campbell, where his leadership responsibilities included […]

US Initial Claims Dip: Future Still Under Debate

As the US Congress and the White House continue to spar – or currently refuse to spar –  on the future of the enhanced jobless claims program, initial claims fell by 228,000 in the August 8 week to a level of 963,000. That level was well below expectations and the first reading below one million […]

SteelEye, Margin Reform, Partner

Compliance and data analytics firm SteelEye has announced a partnership with consultancy firm Margin Reform to support the latter’s clients with compliance and regulatory reporting solutions, through the provision of SteelEye’s RegTech suite to help them address the challenges of the evolving regulatory landscape. SteelEye’s reporting suite captures, cleanses, validates, and enriches client data in real-time and automates large parts of […]

Risk-Free Rate Adoption Climbing, but Still Low

The latest monthly data from the ISDA-Clarus RFR Adoption Indicator suggests that while more contracts in the interest rate derivative space are linked to risk-free rates (RFRs), the portion is still largely in the minority. The indicator is intended to track how much global trading activity (as measured by DV01) is conducted in cleared OTC […]

Profit & Loss is no longer publishing

Thank you for 21 great years of support