North Rock Capital selects Glue42 as foundation for next-generation trading and risk platform
Source: Glue42
North Rock Capital, an investment management firm built upon a global multi-manager investment platform, has selected Glue42, the company that delivers integrated desktop experiences to financial institutions globally, to serve as the foundation to its next-generation trading and risk platform.
Banks need to accelerate practical implementation to meet climate risk deadlines
Source: Acin
Acin has today published a barometer charting the preparedness of the world’s leading banks and asset managers to meet upcoming challenges in managing climate change-related risks.
LogicGate seals $113 million Series C
Source: LogicGate
LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud platform, today announces a $113 million Series C funding round led by PSG, a leading growth equity firm partnering with middle-market software and technology-enabled services companies.
Bank of England frets over stability of Big Tech cloud providers
The Bank of England is warning that additional policy measures may be required to mitigate financial stability risks from the growing concentration of power in the hands of global cloud providers.
Consumer interest in cryptocurrencies grows as understanding of risks declines
New research from the UK's Financial Conduct Authority has found that excitement about the rising valuations attached to cryptocurrencies has firmly penetrated the retail consumer market.
Shawbrook Bank names first director of COO risk and operational resiliency
Source: Shawbrook Bank
Shawbrook Bank has appointed its first Director for COO Risk and Operational Resiliency as it further strengthens its central Chief Operating Office structure.
Blockchain Association Singapore and Elliptic to roll out a Digital Asset Compliance Certification
Source: Blockchain Association Singapore
Global FinTech Institute (GFI), Singapore- based global professional credentialing body for FinTech professionals, Blockchain Association Singapore (BAS), the leading industry association for Digital Asset and Enterprise Blockchain, and Elliptic Singapore Private Limited (Elliptic), a leading provider of Digital Asset Risk Management Solutions for Digital Asset businesses and financial institutions, today announced it has inked a Memorandum of Understanding to roll out a Digital Asset Compliance Certification at a virtual event earlier today.
Basel Committee issues principles for operational resilience and risk
Source: Bank for International Settlements
The Basel Committee on Banking Supervision today issued Principles for operational resilience, which aim to make banks better able to withstand, adapt to and recover from severe adverse events.
