Day-by-day coverage of Tom Hayes Libor trial
Day-ahead power market coupling has been in operation across the North West Europe region for over a year. To what extent has it helped prices converge, and what are the next steps aimed at bringing Europe’s electricity markets closer together?
Hampered by increasingly complex regulations, as well as the cost and inertia of inefficient legacy systems, banks are facing growing competition from innovative non-bank organisations. Unless they start to confront the mission-critical importance of transforming their technology, could they face death by a thousand cuts?
Spreading the net wide enough to catch as many data sources as possible is key to tackling emerging risks, as is setting up a structure to handle the associated modelling and management problems