January 24, 2014 - Tech spending by North American banks is expected to hit nearly $60 billion in 2014, marking a return to confidence in the sector after years of underinvestment.
January 23, 2014 - The Financial Conduct Authority (FCA) has fined Standard Bank £7,640,400 for failings relating to its anti-money laundering (AML) policies and procedures over corporate customers, connected to politically exposed persons (PEPs).
January 23, 2014 - The Financial Conduct Authority (FCA) has fined Standard Bank £7,640,400 for failings relating to its anti-money laundering (AML) policies and procedures over corporate customers, connected to politically exposed persons (PEPs).
January 22, 2014 - Ipswitch File Transfer's MOVEit Cloud environment is now certified for compliance with the Payment Card Industry (PCI) Data Security Standard (DSS) 2.0 requirements for Level 1 Service Providers. Ipswitch is the first Managed File Transfer (MFT) service provider to announce PCI certification. To support customers in demonstrating PCI compliance, Ipswitch is offering a PCI Compliance Toolkit as an add-on to the MOVEit Cloud service.
January 22, 2014 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced the findings of a new survey which shows that although conduct risk has become one of the highest priorities for regulators worldwide, there is still great disparity in how firms are defining conduct risk and similarly how regulators are referring to the concept.
January 22, 2014 - Markit, a leading, global financial information services company, today announced that its integrated resource management (IRM) solution has won the award for "best risk management system of the year" from Risk magazine. Risk is the leading publication for financial risk management and the global derivatives markets.
January 22, 2014 - A new piece of research from GreySpark Partners, a capital markets consultancy, examines the strategic principles of data management that are necessary for investment banks to stay competitive as increasing volumes of data are created by trading activities and client interactions.
January 22, 2014 - The Depository Trust & Clearing Corporation (DTCC) today cautioned that financial firms could face significant cost, risk and operational challenges managing margin requirements in the years ahead and called for collaborative solutions that leverage market infrastructures to help the industry meet increasing demands.
