Compliance challenged by new regs, business demands and lagging IT architecture
March 16, 2016 - The ability of financial institutions' compliance function to manage risk is being challenged by rising expectations for the function to play a stronger role in front-office processes, the increased volume and complexity of regulations, and a lagging data and technology architecture, according to a new compliance risk report from Accenture (ACN).
ANZ appoints PwC to conduct OnePath compliance review
March 15, 2016 - ANZ today confirmed it engaged PwC in January 2016 to conduct an independent compliance review within its OnePath subsidiaries, following compliance breaches that were proactively reported to the Australian Securities and Investments Commission (ASIC) from early 2013.
Hardin Compliance Consulting selects BasisCode Compliance software
March 14, 2016 - BasisCode Compliance today announced that Hardin Compliance is implementing the BasisCode Compliance™ software to help the full-service regulatory compliance consulting firm more easily manage compliance on behalf of its clients.
Western Union Appoints Jacqueline D. Molnar Chief Compliance Officer
February 29, 2016 - The Western Union Company (NYSE: WU), a leader in global payment services, today announced the appointment of Jacqueline D. Molnar as Chief Compliance Officer, leading all of Western Union's global AML / CFT, Sanctions and Consumer Protection compliance programs.
Asset managers fear cybercrime more than blockchain - Linedata
February 25, 2016 - Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, releases the results of the 2016 Global Asset Management and Administration Survey.
Fidessa’s Sentinel wins another compliance accolade
February 24, 2016 - Fidessa group plc (LSE: FDSA) today announced that its Sentinel buy-side compliance product has won its third prestigious accolade in the last six months, winning Hedge Fund Manager's Best Compliance Product at their Technology Awards this week. These awards recognize and reward hedge fund technology providers that have demonstrated exceptional customer service and innovative product development over the past 12 months.
Bank Cost Cutting Will Drive Uptake of Financial Industry Utilities in 2016
February 17, 2016 - Capco, the global business and technology consultancy dedicated solely to the financial services industry, today announced the findings of "What Makes Utilities Useful," a global survey of senior banking executives' attitudes towards adoption of a utilities-style approach.
CGI introduces CGI Comply to help credit and collections clients meet regulatory and compliance needs
February 2, 2016 - CGI (TSX: GIB.A; NYSE: GIB) today announced the launch of CGI Comply, CGI Collections360's integrated and comprehensive suite of services designed to help clients manage and reduce compliance risk.
