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Governance

March 31, 2014 - IT looks set to be the top capital spending priority for the UK financial services industry over the next 12 months, according to a CBI/PwC survey.

March 27, 2014 - As Solvency II reporting deadlines get ever closer, a poll of insurance industry leaders and experts by PwC has highlighted that 68% of insurers are still less than half way through their Pillar 3 reporting journey.

March 13, 2014 - The Financial Industry Regulatory Authority (FINRA) announced today that it has sanctioned and fined two firms - Triad Advisors and Securities America - $650,000 and $625,000, respectively, for failing to supervise the use of consolidated reporting systems resulting in statements with inaccurate valuations being sent to customers, and for failing to retain the consolidated reports in accordance with securities laws. In addition, Triad was ordered to pay $375,000 in restitution.

February 13, 2014 - An Infiniti Research survey sponsored by TradeTech Consulting Scandinavia AB, a Virtusa, Swedish subsidiary; reveals that the numerous regulations currently being enforced in Europe's financial markets have considerable impact on business functionality.

March 27, 2014 - Chartis recently ranked Wolters Kluwer Financial Services as a Category Leader and a top-rated enterprise governance, risk and compliance (eGRC) provider for the financial services industry in its 2014 RiskTech Quadrant® on Enterprise GRC Solutions.

March 10, 2014 - Thomson Reuters today announced that it has established a new subsidiary to prepare for the regulation of financial benchmarks. Thomson Reuters Benchmark Services Limited (TRBSL), a subsidiary of Thomson Reuters Corporation, facilitates compliance with the IOSCO (International Organization of Securities Commissions) principles for benchmark administrators ahead of the 1 July 2014 deadline.

February 12, 2014 - The National Institute of Standards and Technology (NIST) today released a Framework for Improving Critical Infrastructure Cybersecurity. The framework provides a structure that organizations, regulators and customers can use to create, guide, assess or improve comprehensive cybersecurity programs.

March 20, 2014 - RIMES forums reveal that firms must regain the ability to act quickly and cost effectively as data management becomes an important determiner of commercial success.

March 6, 2014 - MetricStream, a market-leader in Governance, Risk, and Compliance (GRC) solutions announced today the launch of its cloud-based content portal, GRCIntelligence.com, which serves as a one-stop source for GRC content, regulatory feeds, and market intelligence.

February 4, 2014 - Viewpointe®, a leading private cloud service provider to regulated industries, today announced the latest update of its information governance platform, OnPointe®. The latest enhancements help organizations leverage existing corporate content to maximize business value and recognize higher returns on investment in information governance, including defensible disposition and comprehensive eDiscovery.

March 18, 2014 - US authorities have charged three men accused of using information hacked from more than a dozen financial service firms in a bid to steal at least $15 million.

March 5, 2014 - DataArt, a custom software development partner for the financial services and other industries, today announced it has completed the development of Regulatory Efficiency Gains ("REG")'s digital platform.

January 29, 2014 - MetricStream's fast growth is recognized as "a disruptive force in the market" and the strength of the company's product offering and capabilities are highlighted by their receiving the highest score for "Current Offering" criteria.

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