ITRS has released a set of six fully-supported integrations to monitor key big data technologies used in financial services today including Kafka, Hadoop, PostgreSQL, MongoDB, Cassandra and Elasticsearch.
More than half of global banks expect to see their technology investment budgets rise by over 10% this year as they beef up cybersecurity and push for digital maturity, according to a survey from EY.
The Enterprise Data Management (EDM) Council has released a new version of its Financial Industry Business Ontology (FIBO) along with new tools and functionality to accelerate adoption of the industry standard.
Robert Half’s new report, Digital transformation and the future of hiring has found that digital processes will be extended to manual, data entry tasks such as financial modelling (41%), generating financial reports (40%), project management and reporting (38%) within the next three years. As a result, payroll (37%), financial planning (33%), accounts payable (38%) and accounts receivable (32%) are expected to be the roles impacted by automation by 2022.
Big data is still big news. For the insurance industry, it’s not just a lot more data although that is part of it; it is data that permits an unprecedented degree of analysis. Only now have we reached a point where data and technology are capable of making use of information we can gather.
Four years after the release of the Principles of Risk Data Aggregation by the Basel Committee on Banking Supervision, the financial industry still faces challenges in fully establishing a “control environment” for data management, according to the EDM Council’s 2017 Data Management Benchmarking Survey Report.
AxiomSL, the global leader for risk data management and regulatory reporting technology for the financial services industry, today made public the results of its survey of 132 senior-level risk and regulatory executives in North America and Asia-Pacific (APAC). The survey, conducted in June 2017, measures financial services executives’ outlook on the regulatory landscape and the technology investments they plan to make to uphold compliance.
For the reasons explained in this white paper, businesses need to start working towards compliance now. This paper looks at the new data security requirements under the GDPR and provides practical tips on how to prevent a data breach disaster from happening to you and your customers