EDHEC welcomes IOSCO’s ETF principles, calls on regulators and industry to adopt high standards of transparency
July 1, 2013 - EDHEC-Risk Institute welcomes the Principles for the Regulation of Exchange Traded Funds (ETFs) released by the International Organisation of Securities Commissions (IOSCO) on 24 June 2013, which are broadly consistent with EDHEC-Risk Institute's research on ETFs[1] and recommendations[2], but deplores the timidity of the organisation's proposals on index transparency and calls on regulators and index providers to adopt standards on par with those recently defined for European Undertakings for Collective Investment in Transferable Securities (UCITS).
Iosco board focuses on behavioral economics and social media
July 1, 2013 - The two day meeting on 18 - 19 June highlighted IOSCO's commitment to identifying emerging risks and new market trends in a proactive and forward-looking way. The meeting was the first chaired by new Board Chairman Greg Medcraft of the Australian Securities and Investments Commission.
EU to establish European Retail Payments Board to improve Sepa governance
June 26, 2013 - The EU is poised to revise the Single Euro Payments Area (Sepa) governance arrangements by replacing the informal Sepa Council with a European Retail Payments Board and by adjusting the role of the bank-backed European Payments Council.
New study shows data center needs quickly outgrowing current solutions
June 26, 2013 - The explosion of data generated and used by corporations, organizations, and individuals today places constant demands on data centers, from space constraints to power usage, cooling loads, and physical security. These findings appear in a new study conducted by Siemens, UBM Tech and InformationWeek Marketing Services. According to the results, most executives feel that their organization's data centers will run out of power, cooling, or space by the end of 2014.
MEGA GRC Expert Heads OCEG Panel on GRC Architecture Certification
June 26, 2013 - Patrick Wells, director of Business Development at MEGA, will head a committee being formed by The Open Compliance & Ethics Group (OCEG) to develop a common body of knowledge (CBK) aligned to the OCEG GRC Capability Model.
IDC Forecasts Business Analytics Software Market to Continue on Its Strong Growth Trajectory Through 2017
June 25, 2013 - The worldwide business analytics software market is expected to grow at a 9.7% compound annual growth rate (CAGR) through 2017, according to a new forecast from International Data Corporation (IDC). Demand for business analytics solutions will continue to be driven by the promise of better and faster decision-making and competitive advantage that results from the ability to analyze and act upon information in a timely manner.
Security Appliance Market Growth Slows in First Quarter, According to IDC
June 24, 2013 - According to the International Data Corporation (IDC) Worldwide Quarterly Security Appliance Tracker, factory revenue rose in the first quarter of 2013 (1Q13) compared to Q1 2012, while unit shipments declined over the same period.
Cloud adoption rising says North Bridge and GigaOM in latest survey
Reval today announced its role as a collaborator in releasing the results of the third annual Future of Cloud Computing Survey, conducted by North Bridge Venture Partners, GigaOM Research and supported by 56 other collaborating organizations. This year's survey is the largest to date, examining viewpoints on drivers, inhibitors and opportunities in cloud computing across a sample of 855 respondents, including business users, IT decision makers and cloud vendors. More than a third of respondents were C-level executives within their organizations.
