Cyber risk is seen as a bigger risk to the global financial system than a Donald Trump presidency or Brexit, according to a Depository Trust & Clearing Corporation (DTCC) survey.
Bankers, brokers and traders are not prepared to address the risks posed by the combination of regulatory pressures worldwide and technological advancements that are disrupting their industries, according to a new global survey published by FIS™ (NYSE: FIS) a global leader in financial services technology.
Securities Commission Malaysia (SC) today issued new guidelines to enhance cyber resilience of the capital market by requiring capital market entities to establish and implement effective governance measures to counter cyber risk and protect investors.
IT spending by banking and securities firms in the mature Asia/Pacific region will reach $19.1 billion dollars in 2017, an increase of 4.7 percent from 2016, according to Gartner, Inc.
InteDelta, a risk management consultancy and Risk Enterprise, a consultancy and vendor of rating model technology, announce a partnership to provide banks with advisory and rating models for IFRS 9 and Basel compliance.
The Financial Stability Oversight Council (FSOC) has zoned in on marketplace lending and distributed ledger technology as emerging threats to the safe operation of financial markets.
April 7, 2016 - New Research from State Street Shows Official Institutions are Focusing on Risk Management, Governance, Technology and Talent as They Diversify Their Investment Portfolios.
March 31, 2016 - Lombard Risk Management and Oracle Financial Services have collaborated to deliver a global regulatory reporting solution.