September 11, 2013 - US banks could face a wave of distributed-denial-of-service (DDoS) hits today to mark the anniversary of the 11 September 2001 terrorist attacks, warns the FBI.
September 11, 2013 - Moody's Analytics, a leader in risk measurement and management, today announced the release of RiskFrontier™ 3.4, the latest version of its award-winning portfolio management and economic capital solution for banks, insurance companies, asset management firms, and corporations. RiskFrontier 3.4 adds a new risk measure that combines regulatory and economic capital into a single metric.
September 9, 2013 - China Everbright Securities lost $85.5 million due to a technical glitch in its order management system which flooded the market with erroneous buy orders and seriously disrupted trading in China last month.
September 9, 2013 - MORS Software today published the results of their annual Liquidity Risk Management survey carried out in May, June and July 2013 which highlighted the importance of intra-day liquidity risk monitoring for most banks while pointing out that many banks have not yet completed their intra-day liquidity risk projects.
September 5, 2013 - Sapient Global Markets, a division of Sapient (NASDAQ: SAPE) has today announced the availability of a cloud-hosted version of its popular Compliance Management and Reporting System (CMRS). CMRS allows firms to collate vast amounts of data from disparate systems, apply reporting eligibility logic, translate it into the destination message format, and deliver it directly to Swap Data Repositories (SDRs) such as The Depository Trust & Clearing Corporation (DTCC).
September 5, 2013 - Nasdaq has outlined a series of steps to improve the resilience of the Securities Information Processor following a second brief outage just weeks after a malfunction in the market data feed forced the exchange to shut down for three hours.
September 4, 2013 - Options, global provider of infrastructure as a service (IaaS) products to the financial services sector, has chosen data permission and auditing solutions from Varonis to protect its clients.
August 30, 2013 - Bitcoin exchange Tradehill has temporarily shut down trading, citing "banking and regulatory" issues related to its credit union partner. In a statement on its Web site, the firm says the "decision has not been made lightly and we regret having to take such action".
