The foreign exchange market is a truly global phenomenon. According to the Bank for International Settlements, the most recent figures of average daily turnover in global FX is estimated at $3.98 trillion, further cementing it as the largest market in the world in terms of total cash value traded.

With the introduction of tighter regulation, along with closer scrutiny from shareholders and investors, liquidity risk is one of the most pressing business concerns facing organisations today. As the upheaval in the financial landscape prompts a grassroots reassessment of liquidity risk within large institutions, Anya Davis of Baringa Partners and James Nicholls of Cornhill explores how banks should manage liquidity risk.

FinArch is a market leader in integrated Risk and Finance solutions. Here, the firm’s Head of Risk and Capital Management, Nancy Masschelein, and Chief Commercial Officer, Nigel Lee, address your questions on managing liquidity in an integrated risk return management framework.

In an era when the spotlight has been brought to bare like never before on the integrity of the financial world, Drew Hillier speaks to Todd Crosland, one of our industry’s preeminent figures in the drive for increased transparency, accountability and excellence. Todd, the founder of Interbank FX - a global leader in online off-exchange retail trading services which he continues to oversee - prioritises his guiding focus on a degree of customer care that sets it apart from many of it competitors, which remains as keen today as it did when he started the company a decade ago. 

Lessons are still being learned from the financial crisis, and credit risk is top of mind for financial institutions today. Firms are trying to demonstrate best practices to their clients, but many are trading with out-of-date credit information, leaving themselves vulnerable to losses. Chris Davis, co-founder of TwoFour, discusses the consequences of a lack of counterparty confidence, and the need for more effective credit risk management.