Causal Capital

The research paper on The Changing Shape of the Interest Rate Derivative Markets in 2016 by Ehlers and Eren is an interesting read. It clearly evidences the Interest Rate Derivative market has massively grown since the global financial crisis of 2007, more can be found here [LINK]. If anyone believes that new regulation such as Dodd Frank Wall Street Reform Act would dampen appeal for trading derivatives, think again. Central Counterparty Clearing Regulation that was introdu

Our previous blog posting on The Importance of Risk Definitions [LINK] has sparked a lot of interest among the Causal Capital and G31000 reader communities. Various well respected and articulate risk managers have put questions or commentary forward in respects to the schematic published in our earlier article. I want to list two comments in particular before exploring them further. » "I'm submitting that terminology used within much of Enterprise Risk Management is incoheren

A recent article published by William Storage on "ISO 31000 and Those Who Don't Know History" is an excellent read for all Enterprise Risk Management practitioners, whether you agree with his synopsis or not. While many of the ISO 31000 "brethren" as William puts it may not see eye-to-eye with his summary; I believe it is important for these standard lobbyists to read his article either way. Risk Managers need to appreciate a wider understanding of how specific definitions a

Udo Mikau, Frank Neumann and Jürgen Bott have recently published a fascinating paper on the Distributed Ledger Technology through the Capco Journal. As it happens, not only is the Distributed Ledger showing itself to be a concept that is little more than a solution looking for a problem, early assessments of the DLT are also demonstrating that the protocol appears to increase settlement risk rather than reduce it. Distributed Ledger Technology is the dominant ideology underpi