Ex-head of algo trading at JP Morgan says machine learning processes should be built internally Source: Risk feed

U.S. electric utilities reported spending $3.6 billion on energy efficiency customer incentives in 2016, or an average of $24 per customer, according to EIA’s survey of electric power sales, revenue, and energy efficiency. Energy efficiency spending is reported on an…

(Platts) Shocks to the global trading system due to escalating trade disputes are being felt in a very niche business — the large-scale commodity trading houses that keep a low profile but have a huge influence on global trade with…

Banks fear capital volatility and may also push for changes to US G-Sib surcharge Source: Risk feed

Many banking professionals struggle with this question every year: is my transaction monitoring software adequate?  For those banks chartered in New York, this question is even more daunting. As the New York Department of Financial Services (DFS) issued the rule…

Path Solutions is proud to announce that its Islamic core banking platform, iMAL has received the GoodAccreditation standard for the eighth consecutive year. This accreditation is awarded to companies based on customer satisfaction across a number of system and service criteria. ……

Source: Financial Times, 20th June 2018 Float is poised to be Australia’s biggest listing in 4 years Read the full article on FT.com Source: Commodities Now – Power and Energy – Vitol kicks off Abn IPO of Viva Energy business…

–     Investment will accelerate the growth of GPS and drive its international expansion plans – –    GPS is the tech powerhouse behind the most exciting digital banks, challenger banks, fin-techs and financial institutions. Dunedin, the UK private… Source: Bobs Guide Latest…

Source: Financial Times, 20th June 2018 Brent rises to nearly $76 a barrel as Tehran and Riyadh battle ahead of Opec meeting Read the full article on FT.com Source: Commodities Now – Power and Energy – Iran to resist Saudi-led…

Australian software specialist Scalable Data Systems has successfully wooed a European giant with its signature product, Scalable Commodity. With a €4 billion turnover in 2017 and operations in 16 countries, Danish Agro had been in the market for a new…

Lawyers say political tensions may have killed off chances of reform, following PRA U-turn Source: Risk feed

FOR IMMEDIATE RELEASE Independent Analyst Firm Cites Innovative Systems as Technology Leader Pioneer in data quality space continues to innovate with technology and customer satisfaction PITTSBURGH, June 19, 2018 – For the second year in a row, Innovative Systems (Innovative),…

Imports of Iraqi crude into the US Gulf Coast increased so far in 2018 while there have been fewer cargoes from Venezuela, Saudi Arabia, Mexico and Kuwait, according to the most recent data released by US Customs Bureau data. From…

Source: Financial Times, 19th June 2018 Oilseed futures contract plumbs lowest level since March 2016 in ‘bloodbath’ Read the full article on FT.com Source: Commodities Now – Power and Energy – US-China trade spat takes toll on soyabeans and squeezes…

It’s been six months since my last 2020 dispatch. Since then, I’ve spent time at major industry gatherings in London (IP week) and Athens (Posidonia) and yet I’m just as uncertain about 2020 as I was then. My only comfort…

Banks dispute Fed paper showing accounting switch will lessen loan reserve procyclicality Source: Risk feed

U.S. natural gas plant liquids (NGPL) production has nearly doubled since 2010, outpacing the rate of natural gas production growth and setting an annual record of 3.7 million barrels per day (b/d) in 2017. NGPLs are produced at natural gas…

Geneva Based Oil Trader Chooses Allegro’s ETRM Platform to Manage Risk and Gain Operational Control as it Continues to Expand DALLAS (PRWEB) June 19, 2018 Allegro Development Corporation, a global leader in commodity management software, today announced Mocoh SA, a…

SAN FRANCISCO, June 19, 2018 /PRNewswire/ — Genstar Capital, a leading private equity firm focused on investments in targeted segments of the software, industrial technology, healthcare, and financial services industries, today announced the signing of a definitive agreement to acquire Drilling Info Holdings,…

Source: Financial Times, 19th June 2018 US oil, gas and coal face 25% levy in threatened second wave of duties Read the full article on FT.com Source: Commodities Now – Power and Energy – US energy to be targetted by…