Fernando Cerezetti, Chief Risk Officer, ClearToken CCP Limited, looks at why traditional VaR may be missing risks in today’s more complex CCP portfolios and how a different approach could help spot them sooner.

Rohit Barve, Deputy Manager, Dr. Aniket Bhanu, Vice President, and Rejaul Barbhuyan, Chief Manager, Risk and Data, NSE Clearing Ltd., outline the findings of their WFEClear research paper on option price scenario generation using risk neutral distributions and generative modelling.

Salil Gadgil, Researcher, Office of Financial Research, examines how client clearing has reshaped CDS markets and why the features that improve efficiency can create new vulnerabilities during periods of stress.

Dr. Kaitao Lin, Senior Financial Economist at the WFE, says commodity options markets are already pricing in climate risk, with “brown” contracts carrying higher premiums than their greener counterparts.

Catch up on recent WFE news, consultation responses and announcements:

Capital markets today are not merely platforms for trading securities; they are strategic financial infrastructures that mobilise long-term capital, strengthen corporate governance, and support private-sector growth.

Val Wotton, MD and Global Head of Equities Solutions, outlines how DTCC is strengthening the financial system through enhanced clearing and settlement capabilities, resilient market infrastructure and the digitisation of assets.

Alyona Bulda, SVP, Emerging Technologies, and Dmitry Kolpakov, Chief Financial Officer at Exactpro, examine the critical questions FMI technology teams must address earlier to strengthen resilience across trading and post-trade systems.

Suraj Pandey, Head of Business Development at pTools Software, explains how AI-enabled processing is improving the speed, accuracy and compliance of corporate announcements, while reducing operational risk across capital markets.