April 24, 2014 - Bank of America Corporation today announced that Chief Risk Officer Terry Laughlin is moving to a new role as president, Strategic Initiatives. Geoffrey Greener, Enterprise Capital Management executive, will become chief risk officer.
April 23, 2014 - Digital River (NASDAQ: DRIV), a leading global provider of Commerce-as-a-Service solutions, announced the expansion of its Digital River SMB Payments solution into the United Kingdom (U.K.).The solution offers small and medium enterprises, commerce providers, systems integrators and developers turn-key access to credit card processing capabilities for Visa, MasterCard and Maestro cards in Euros and Pound Sterling. The SMB solution already supports more than 17,000 merchants and partners in Canada.
April 23, 2014 - Atlas ATS and The National Stock Exchange ("NSX") today announced they have signed a Memorandum of Understanding to have NSX develop and enforce rules to regulate Atlas ATS, thereby making Atlas the first fully regulated U.S. - based digital currency exchange.
April 23, 2014 - Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, announced Linedata Compliance has once again won the Compliance Award for Excellence from Global Custodian. This is the fourth award for Linedata Compliance in less than six months.
April 23, 2014 - Fincad, the leading provider of OTC derivatives pricing and risk management solutions, today announced the availability of its F3 Platform, designed for enterprise valuation and risk analytics solutions.
April 22, 2014 - The Securities and Exchange Commission has been criticised by a US congressional watchdog over cybersecurity weaknesses, including the failure to authenticate users and encrypt sensitive data.
April 17, 2014 - Experts at Wolters Kluwer Financial Services have outlined key steps when developing an effective risk management framework and strategy to the EU stress testing exercises, which began in 2014. Through applying an integrated balance sheet modelling approach and aligning the planning and stress testing framework with regulatory requirements, ICAAP/ILAA processes, financial and budgeting processes, financial institutions can not only develop an effective program to meet the ECB and EU regulators' stress test requirements, but also embed a risk management culture which supports a sustainable business model.
April 16, 2014 - The Securities and Exchange Commission is to conduct checks on more than 50 registered broker-dealers and investment advisors to assess their ability to counteract cyber-security threats.
