The Digest - Weekend edition
Business Week profiles Palantir, whose software is used by police and intelligence agencies to detect and disrupt terrorist plots. The data mining software is now also used by banks to detect fraud and even generate trade ideas. — Business Week
Moving OTC trading to a central counterparty (CCP) is often seen as a silver bullet to reduce systemic risk, but as it turns out it’s not that simple. — Deus Ex Macchiato
And with all the attention for sovereign ratings these days, this post from Nate Silver, written at the time of the US downgrade, puts their value (or lack thereof) in perspective. — FiveThirtyEight
The Digest is an overview of interesting stories in financial services technology and management.