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Superposition Announces Aptos Mainnet Launch to Scale Novel Web3 Universal Credit Hub

Retrieved on: 
Thursday, April 4, 2024

BRITISH VIRGIN ISLANDS, April 04, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Superposition, the ideal choice for DeFi users craving portfolio protection combined with capital-efficient growth, today announces its Mainnet beta launch on Aptos. Already live in testnet on Aptos, Avalanche, and Solana, the platform bridges the gap with Concordia's modular risk management layer, which provides Superposition with unparalleled risk management and transparency, translating into secure borrowing & lending, optimized leverage, and detailed reports - all empowering users to maximize returns and confidently navigate the DeFi landscape like never before.

Key Points: 
  • Every loan is backed by a comprehensive risk calculation to safeguard investments, ensuring stability in all DeFi engagements.
  • Its near-term roadmap is based on a commitment to transparency, which will be reflected in detailed analytics, public backtesting results, and open-source accessibility.
  • Alex Hoffman, Head of Ecosystem at Superposition, said, “Superposition arrives at a critical juncture where current DeFi desperately needs far greater security, efficiency, and transparency to scale and achieve broader relevance.
  • The next product to be launched on the credit hub will be leveraged staking and restaking, a groundbreaking DeFi concept poised to capture significant market share.

Luzerner Kantonalbank AG implements FM Converge from Finmechanics for its Cloud-based Front-Office, Pricing and Risk Infrastructure

Retrieved on: 
Monday, February 12, 2024

FM Converge is a high performant cross-asset front to back platform that enables banks to run their markets business on a private or public cloud.

Key Points: 
  • FM Converge is a high performant cross-asset front to back platform that enables banks to run their markets business on a private or public cloud.
  • "By integrating FM Converge into LUKB's infrastructure, we were able to provide full cross asset pricing and risk capabilities with a very low technology footprint", says Anindya Sarkar, CEO of Finmechanics.
  • FM Converge offers LUKB future-proof trading software that covers all the functions required for pricing, trading and risk management across all asset classes.
  • A fully hosted and managed environment makes the FM Converge installation highly scalable and responsive to fluctuating demand, significantly reducing operational and maintenance cost.

Rival Systems Announces Support for Cash FX Products in its Award-Winning Risk Solution, Rival Risk

Retrieved on: 
Tuesday, September 12, 2023

CHICAGO, Sept. 12, 2023 /PRNewswire-PRWeb/ -- Rival Systems (Rival), a leading provider of trading and risk management software, has announced support for cash FX products in its enterprise risk management solution, Rival Risk. This latest initiative is part of Rival's ongoing commitment to broaden functionality and support across all asset classes.

Key Points: 
  • Rival Systems now supports cash FX products in its risk management solution, Rival Risk.
  • CHICAGO, Sept. 12, 2023 /PRNewswire-PRWeb/ -- Rival Systems (Rival), a leading provider of trading and risk management software, has announced support for cash FX products in its enterprise risk management solution, Rival Risk.
  • Adding support for cash FX products to Rival Risk is the latest step in our journey."
  • Adding support for cash FX products to Rival Risk is the latest step in our journey."

AM Best Affirms Credit Ratings of Berkshire Hathaway GUARD Insurance Companies’ Members

Retrieved on: 
Wednesday, July 26, 2023

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company and AZGUARD Insurance Company (Omaha, NE), which operate under an intercompany pooling agreement.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company and AZGUARD Insurance Company (Omaha, NE), which operate under an intercompany pooling agreement.
  • These companies are members of Berkshire Hathaway GUARD Insurance Companies (GUARD) and are domiciled in Wilkes-Barre, PA, unless otherwise specified.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

PNU Researcher Investigates Left-Tail Momentum in the Korean Stock Market

Retrieved on: 
Thursday, July 20, 2023

BUSAN, South Korea, July 20, 2023 /PRNewswire/ -- Left-tail risk (LT) stocks are those whose returns fall into the extreme end on the left side of the return distribution. In the hopes of mean-reverting to the normal price, investors usually hold on to these stocks. However, contrary to mean-reverting expectations, these stocks that have experienced extreme losses and high tail risks in the past tend to continue declining in the future, resulting in financial losses. This phenomenon, referred to as left-tail momentum (LTM), appears to challenge the traditional notion of a positive relationship between risk and return.

Key Points: 
  • In the hopes of mean-reverting to the normal price, investors usually hold on to these stocks.
  • This phenomenon, referred to as left-tail momentum (LTM), appears to challenge the traditional notion of a positive relationship between risk and return.
  • These results challenge previous assumptions, demonstrating that the LTM phenomenon does not contradict the conventional positive relationship between risk and return.
  • Title of original paper: Left-tail momentum and tail properties of return distributions: A case of Korea

Waters Rankings 2023 Names Rival Systems Best Market Risk Solutions Provider for the Second Year Running

Retrieved on: 
Tuesday, July 18, 2023

CHICAGO, July 18, 2023 /PRNewswire-PRWeb/ -- Rival Systems, a leading trading and risk management software provider has been named the Best Market Risk Solutions Provider by Waters Rankings 2023 for the second year in a row. The accolade was given to Rival Systems in recognition of its enterprise risk management solution Rival Risk, further galvanizing its position as an industry leader. Waters Rankings, a unique awards program exclusively involving Waters Technology readers in the selection process, has reaffirmed Rival Systems' exceptional platform capabilities.

Key Points: 
  • The Waters Ranking community of readers voted Rival Systems Best Market Risk Solutions Provider for its enterprise risk management solution, Rival Risk.
  • CHICAGO, July 18, 2023 /PRNewswire-PRWeb/ -- Rival Systems, a leading trading and risk management software provider has been named the Best Market Risk Solutions Provider by Waters Rankings 2023 for the second year in a row.
  • Moreover, Rival Systems provides complimentary access to components of their enterprise risk management suite, Rival Risk, for all Rival One users.
  • With this latest recognition from Waters Rankings 2023, Rival Systems solidifies its standing as the preferred provider of market risk solutions, reinforcing its commitment to innovation and excellence within the trading and risk management industry.

Rival Systems Announces Support for Calculating Real-Time Margin on ICE Exchanges

Retrieved on: 
Wednesday, June 7, 2023

CHICAGO, June 7, 2023 /PRNewswire-PRWeb/ -- Rival Systems (Rival), a leading provider of trading and risk management software, has announced support for calculating real-time margin on the ICE exchanges in its enterprise risk management solution, Rival Risk.

Key Points: 
  • Rival Systems adds real-time margin capabilities on ICE Exchanges to Rival Risk, its enterprise risk management platform.
  • CHICAGO, June 7, 2023 /PRNewswire-PRWeb/ -- Rival Systems (Rival), a leading provider of trading and risk management software, has announced support for calculating real-time margin on the ICE exchanges in its enterprise risk management solution, Rival Risk.
  • Driven to provide a comprehensive solution for margin across all exchanges and asset classes, this new functionality adds to Rival's existing integration with CME SPAN for calculating real-time margin and with OCC for calculating real-time customer portfolio margin and risk-based haircuts.
  • Rival currently supports calculating margin across 45 exchanges for future, equity and option positions.

2 Day Seminar: Gain an Understanding of Today's U.S. Electric Power Industry - Focus on Renewable Energy, ISO Markets, and Power Transactions (Hilton Head Island, United States - July 18-19, 2023) - ResearchAndMarkets.com

Retrieved on: 
Monday, May 22, 2023

Fundamentals of utility cost-of-service regulation, open access markets

Key Points: 
  • Fundamentals of utility cost-of-service regulation, open access markets
    Why utilities sometimes resist renewable energy, distributed energy resource (DER"), rooftop solar, and conservation projects.
  • Federal vs state regulatory conflicts, and why restructuring today's power industry and the building new power lines is such a complicated task.
  • The structure and functions of ISOs, RTOs, the Western Energy Imbalance Market ("WEIM"), and the new Southeast Energy Exchange Market ("SEEM").
  • John Adamiak is President and Founder of PGS Energy Training and an expert in energy derivatives and electric power markets.

ION launches Carbon Zero for trading and managing carbon credits and environmental certificates

Retrieved on: 
Monday, May 22, 2023

LONDON, May 22, 2023 /PRNewswire-PRWeb/ -- ION, a leading provider of trading, risk, and treasury management solutions for financial institutions, central banks, governments, and corporations, announces Carbon Zero. Powered by ION's Aspect solution, Carbon Zero is a SaaS solution designed for trading and managing carbon credits and environmental certificates across the entire lifecycle. This innovative solution enables organizations to meet their CO2 emissions, obligations, and voluntary sustainability targets.

Key Points: 
  • LONDON, May 22, 2023 /PRNewswire-PRWeb/ -- ION , a leading provider of trading, risk, and treasury management solutions for financial institutions, central banks, governments, and corporations, announces Carbon Zero.
  • Powered by ION's Aspect solution, Carbon Zero is a SaaS solution designed for trading and managing carbon credits and environmental certificates across the entire lifecycle.
  • ION developed Carbon Zero to support the accelerating global push toward Net Zero.
  • Carbon Zero empowers firms to optimize their carbon inventories, manage their carbon emission goals, and trade these certificates profitably, in parallel with other financial instruments.