May 24, 2013 - The Financial Conduct Authority (FCA) has fined J.P. Morgan International Bank Limited (JPMIB) £3,076,200 for systems and controls failings relating to its provision of retail investment advice and portfolio investment services.
May 22, 2013 - The worldwide software market grew 3.6% year over year in 2012, less than half the growth rate experienced in 2010 and 2011, according to the International Data Corporation (IDC) Worldwide Semiannual Software Tracker.
May 21, 2013 - A CGI and Euro Banking Association (EBA)-sponsored payments survey carried out under the auspices of the Financial Services Club has questioned 422 participants from 47 countries and found that 79% of eurozone respondents are not yet ready for the single euro payments area (SEPA) end date of 1 Feb 2014, with 57% still in the planning phase.
May 21, 2013 - Regulation is top of mind for banking executives and is viewed as the primary impediment to growth and traditional bank business models, while the likelihood of mergers and acquisition (M&A) activity within the industry declined, according to a recent survey by KPMG LLP, the audit, tax, and advisory firm.
May 20, 2013 - Institutional investors spend between $1.5 billion and $2 billion per year on order management and execution management systems for their trading desks - a growing amount due to increased demands for compliance tools and the need to keep pace with rapid changes in market structure.
May 16, 2013 - The Autorité des marchés financiers (AMF), the regulatory and oversight body for Québec's financial sector, has issued a Request for Information (RFI) for potential suppliers to tender for the creation of a new Market Analysis Platform (MAP).
May 16, 2013 - The Anti-Phishing Working Group is calling for a global, co-ordinated response to the threat posed by mobile malware and an emerging underground criminal marketplace lured by an expansion in m-payments and banking.
May 15, 2013 - Our client is a leading Information Risk Management consulting firm, which assists enterprises with designing and incorporating security into their information technology infrastructure. Their clients cross all market sectors worldwide including major High-Tech companies, Telecom operators, banks, government bodies and leading industrial organizations.