May 14, 2015 - SWIFT held its annual Business Forum London on 23 April 2015, where more than 1,100 industry leaders gathered to discuss the latest trends and innovations in financial services. The theme of this year's forum was 'Harnessing change in financial services', and the programme explored how the industry can channel innovation to address challenges such as regulation, the technology revolution, new entrants and changing customer behaviour.
May 13, 2015 - Gartner's 2015 Hadoop adoption study has found that only 18% of respondents plan to invest in the big data boosting technology over the next two years. Merv Adrian, research vice president at Gartner, called the figures "anaemic".
May 13, 2015 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, has published the findings of its sixth annual Cost of Compliance survey which revealed that regulatory fatigue, resource challenges and personal liability are expected to increase throughout 2015.
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).
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.
May 12, 2015 - Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that Capital Advisors Group has implemented Linedata Compliance for its institutional separate account business.
May 12, 2015 - Independent not-for-profit association, the Banking Industry Architecture Network (BIAN) has completed the development of a globally standardised IT architecture design for banks.
May 11, 2015 - $1.44 trillion or 97% reduction in intraday credit achieved in cooperative effort with clients and other market participants.