June 24, 2015 - OpenLink, the global leader in trading and risk management solutions to the financial services, corporate, energy, and commodities industries, today announced its position as a category leader for Buy-Side Risk Management Technology in the latest Chartis RiskTech Quadrant®.
June 16, 2015 - New research from RiskIQ, the Digital Footprint Security company, highlights the risks posed to UK organisation's and their customers from unauthorised or fraudulent mobile apps and unauthorised app stores. Companies spanning retailers, travel companies, media & entertainment, gambling firms and banks have far more mobile apps owned by them or referencing their brand than they are aware of, many of which come from a new breed of hacker intent on compromising their digital assets and putting their customers at risk.
May 13, 2015 - The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that almost half of the respondents (46%) in its most recent Systemic Risk Barometer Study cited cyber security as their top concern and 80% of respondents rated it as a top 5 risk overall.
April 7, 2015 - The Systemic Risk Council (SRC), a private sector, non-partisan body, today launched an interactive tool, designed to provide users with a simple way to track and assess changes in the financial conditions of the largest, most complex financial institutions in the United States.
May 28, 2015 - SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today published a report, Legacy systems: The elephant in the room. Why investment management firms need to tackle the issue head-on, which presents new findings from analysts and industry experts showing the investment management industry's continued over-reliance on technology that is not fit for purpose.
May 11, 2015 - $1.44 trillion or 97% reduction in intraday credit achieved in cooperative effort with clients and other market participants.
March 30, 2015 - Banks' spending priorities for the next year are focused on improving IT infrastructure and cyber security. Banks are also building new digital platforms to remain competitive and respond to changing customer needs, according to the survey.
May 18, 2015 - With regulators around the world hammering away at banks' risk management, culture, and incentive compensation efforts, a new survey by Deloitte Touche Tohmatsu Limited (Deloitte Global) finds that financial institutions have a great deal more work to do on this front to meet heightened regulatory expectations — especially at the top of the house.
April 27, 2015 - A comprehensive study published by Omgeo, a wholly owned subsidiary of The Depository Trust & Clearing Corporation (DTCC) and the global standard for institutional post-trade efficiency, reveals that 80% of respondents believe T+2 will become the global standard for settlement cycles within 10 years.
March 30, 2015 - Wolters Kluwer Financial Services, a provider of comprehensive risk, compliance, finance, and audit solutions and services, announced today that Astoria Bank, based in Long Island, N.Y., has implemented many of the company's leading risk and performance management solutions. These include the company's ALM, stress testing, and credit risk and financial analysis technologies.
May 13, 2015 - Nearly nine in 10 financial services firms plan to increase their investment in risk-management capabilities in the next two years in response to emerging risks of cyber security and fraud, according to a new report from Accenture (NYSE: ACN).
April 21, 2015 - With businesses facing increasing pressure from customers, regulators and auditors to demonstrate better compliance, manage operational risk and provide assurance, Acuity has announced a new release of its popular STREAM Integrated Risk Manager software. STREAM Version 4 provides users with a more configurable, scalable and easier-to-use approach to Governance, Risk and Compliance (GRC) and delivers improved visibility and control over business risks.
March 26, 2015 - Global investment in fintech ventures tripled from $4.05 billion in 2013 to $12.2 billion in 2014, with Europe being the fastest growing region in the world, according to a new report by Accenture.