March 8, 2016 - Axioma, a leading provider of risk-management and portfolio-construction solutions to financial institutions, announced today that it has agreed to acquire the regulatory-reporting and risk-reporting units of ConceptONE, a global provider of back-office investment services. Terms were not disclosed.
February 22, 2016 - Banks which adopt a Governance, Finance, Risk and Compliance (GFRC) approach to their business are able to operate more cohesively by reinforcing the connective tissue that binds critical functions together. That's according to a new white paper from Wolters Kluwer that shows how GFRC encompasses all sources of risk, financial and non-financial alike, providing a foundation for processing and interpreting data in a more holistic way.
January 18, 2016 - Financial Risk Solutions (FRS), a provider of investment administration and compliance oversight software, has announced a range of demand-driven expansion plans, to take effect in January 2016.
March 2, 2016 - International securities regulatory body Iosco has identified the disruptive threats from technological innovation as a key risk factor facing financial markets in 2016.
February 4, 2016 - Software AG (Frankfurt TecDAX: SOW) today shared its predictions for capital markets in 2016, derived from its expertise, market observations and interactions with its customers.
January 15, 2016 - Housing and Development Bank (HDB), a major Egyptian bank that is approximately 60% state owned, has selected Wolters Kluwer Financial Services to provide its risk, regulatory reporting and operational risk software solutions.
March 1, 2016 - Sword Active Risk has announced that Doosan Babcock, a specialist in the delivery of engineering, aftermarket and upgrade services to the energy sector, has selected Active Risk Manager (ARM) to manage risk across customer sites and projects. Doosan Babcock provides technologies to major organizations operating plants for nuclear, thermal power and for the oil and gas industries. The selection of ARM was as a result of its industry pedigree, having been deployed by many leading energy companies with large-scale infrastructure projects worldwide.
February 2, 2016 - Sword Active Risk, a supplier of risk management software and services, has announced a partnership with JukesTodd. The relationship brings together market leading enterprise risk management solutions with deep industry knowledge and expertise to deliver unparalleled business benefits for new and existing customers.
January 12, 2016 - Wolters Kluwer Financial Services has been named as the top provider of IFRS 9 and Regulatory Reporting solutions globally. That's according to the annual Chartis RiskTech100® report, a comprehensive study of the world's most significant risk and compliance technology companies. The company garnered the No. 6 spot overall of 100 ranked firms, marking the sixth consecutive year it has been rated among the top 10 firms.
February 24, 2016 - Ponemon Institute today released the results of the industry's first research survey on SAP cybersecurity, sponsored by Onapsis, demonstrating that more than half of companies surveyed, 56 percent, believe it is likely their company would have a data breach due to insecure SAP applications. This same group indicates their company's SAP platform has been breached an average of two times in the past 24 months, yet 63 percent indicate C-level executives tend to underestimate the risks associated with insecure SAP applications, the systems that run the most critical business operations and data for Global 2000 organizations.
January 22, 2016 - Global risk and regulatory technology firm Wolters Kluwer Financial Services predicts that 2016 will be the year where the financial industry in Australia will begin "catching up" with its counterparts. The industry will achieve this by leveraging technologies and business models such as cloud computing, Business Process Outsourcing (BPO) and big data.
January 12, 2016 - Nice Actimize, a Nice Systems (NICE) business and the largest and broadest provider of financial crime, risk and compliance solutions for the financial services industry, was selected by SunTrust Banks, Inc. for its Enterprise Risk Case Management (ERCM) solution to consolidate the firm's financial crime investigations processes.