SWIFT creates financial crime compliance unit to launch KYC Registry this year
January 7, 2014 - Financial messaging network Swift has announced the creation of a global Know Your Customer (KYC) Registry to help banks to manage compliance challenges and reduce the high costs associated with implementing anti-money laundering regulations.
Linedata Compliance once again takes top honors with Compliance Award
January 7, 2014 - Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, announced Linedata Compliance has won the Compliance Award for Excellence from Global Custodian.
Banks' legal teams battling with Volcker compliance issues
December 23, 2013 - Some of the largest banks in the world are struggling to set up new compliance programmes that will satisfy the recently approved Volcker rule.
FIS e-learning suite for CFPB compliance
December 20, 2013 - As part of its aggressive work keeping financial institutions on top of regulatory developments, compliance and risk management, FIS™ (NYSE: FIS), the world's largest provider of banking and payments technology, announced today that it has launched the financial services industry's first comprehensive e-learning suite that will train financial institutions to comply with new Consumer Financial Protection Bureau (CFPB) rules coming into effect next month.
Quantum Capital Management Enhances Institutional Compliance Capabilities with INDATA iPM
December 19, 2013 - INDATA, a leading industry provider of software and services for buy-side firms, including trade order management (OMS), compliance, portfolio accounting and front-to-back office, today announced that Quantum Capital Management, based in San Francisco, CA, is now live with INDATA's iPM – Intelligent Portfolio Management® platform.
IIA Reference Book Highlights Wolters Kluwer Audit, Risk & Compliance's TeamMate Solution
December 12, 2013 - Wolters Kluwer Audit, Risk & Compliance today announced that its TeamMate AM audit management software system is featured throughout the 2013 edition of the reference book "Internal Auditing: Assurance & Advisory Services." Published by The Institute of Internal Auditors, auditing students at more than 250 colleges and universities purchase more than 10,000 copies of the book each year.
2014 IT spend to exceed $430 billion - IDC
December 9, 2013 - Today, IDC Financial Insights hosted a web conference "IDC Financial Insights 2014 Predictions: Worldwide Financial Services" highlighting the top 10 predictions for the year ahead.
Tax Leaders from Global 2000 Companies Struggle to Find Accurate and Complete Data
December 4, 2013 - According to a recent Thomson Reuters poll, consolidating and gathering tax-related data requires the most effort during the compliance process (with 44 percent of respondents indicating as such). Other areas of focus for tax departments include:
