Summarizes worldwide changes in the process of concluding a financial transaction. This title provides a detailed analysis of the central clearing counterparty (CCP) concept, the drivers behind it, and its effects on operations teams. It illustrates the life cycle of a series of transactions to broa[...]

"Clearing, Settlement and Custody" focuses on the clearing, settlement and custody functions by analyzing how they work and the interaction between the organizations involved. The author examines the roles of clearing houses, central counterparties, central securities depositories and the custodians[...]

Addresses how and why derivative products are used and how the industry is structured, looking at both the exchange and over-the-counter markets. This title explains the role of the various parties and explores the interaction between securities, commodities and derivatives.[...]

Operations Risk - a form of Operational Risk, is becoming important as more and more sophisticated products and the use of those products occurs in the financial services industry. This book focuses on areas such as technology risk, people risk, and settlement risk, examining the dangers that lurk w[...]