A Primer on Contingent Convertibles (CoCos): The New Kid in the Hybrid Bond Neighborhood

Numerix

Hybrid securities are not new; in fact, some of them, such as convertible bonds, have their origin going back more than 100 years. A recent addition to the family is contingent convertible bonds (CoCos), which just like others, were introduced to the market for specific reasons. CoCos, hybrids between bonds and equities with distinctly unique triggers and conversion features, came into vogue in 2013 as banks in Europe needed to raise capital. Banks appreciated the flexibility CoCos provided in the event they experience financial difficulty, while investors appreciated the high yields often offered by CoCos. - See more at: http://www.numerix.com/demand-webinar-primer-contingent-convertibles-cocos-new-kid-hybrid-bond-neighborhood#sthash.0WuIvtBN.dpuf
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Spotlight

Aligning and integrating reporting Barclays continues to align and integrate our citizenship disclosures within our overall reporting approach. In 2013, we developed a citizenship reporting process which was informed by and aligned to our financial reporting; with further harmonisation of reporting dates and processes between the Annual Report and Citizenship Report


OTHER ON-DEMAND WEBINARS

Banking module and transactions in GoFrugal Trac

GoFrugal Technologies Pvt Ltd

This session will give you step by step training on managing all your Banking related transactions in integrated Accounting module - GoFrugal Trac.
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Real World Algorithmic Exposure: An Innovative New Approach for Nested Simulations

Numerix

The computation of counterparty credit exposures such as Potential Future Exposure (PFE), as well as Economic Capital calculations by insurance firms, require risk-neutral (RN) pricing at future time horizons along real world (RW) scenarios. The challenge with these calculations is that the nested simulations (often called Brute Force simulations) can be very computationally challenging for large portfolios of deals, requiring billions of simulation paths and taking significant amounts of time. An innovative new approach for nested simulations has been introduced recently. The new approach, called Real World Algorithmic Exposure, combines resampling with the Backward Monte Carlo-based Algorithmic Exposure (also known as American or Least Squares Monte Carlo). The approach avoids the inefficiency of the Brute Force approach and dramatically reduces computation times, by using resampling to bridge the gap between real world economic scenarios and risk-neutral pricing scenarios, and by performing the computation in one step via Backward Monte Carlo. - See more at: http://www.numerix.com/on-demand-webinar/real-world-algorithmic-exposure-innovative-new-approach-nested-simulations#sthash.m0g6VxSR.dpuf
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How Intelligent Assistants Deliver Innovation for Financial Services

Opus Research

FinUno will present how an Intelligent Assistant can help users buy and sell investment products, follow market moves and manage their investment transactions in real-time simply by asking. Through its intuitive interface, the fin1™ platform acts both as a self-servicing tool and as a collaboration platform with financial advisors.
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Universal Banker: Recruiting, Hiring, & Training

Western Bankers

Learn how to increase the quality of the hiring model through technology, using a certified panel, and unorthodox questioning. Improve customer and employee retention by creating an enhanced, consistent customer and employee experience by developing a training program that reduces on the job training. In this webinar, learn how to reduce turnover with ongoing development and engagement strategies beyond the initial training process.
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Spotlight

Aligning and integrating reporting Barclays continues to align and integrate our citizenship disclosures within our overall reporting approach. In 2013, we developed a citizenship reporting process which was informed by and aligned to our financial reporting; with further harmonisation of reporting dates and processes between the Annual Report and Citizenship Report

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