SWIFT targets risk management improvements
While there’s been a recent influx of start-up solutions working to disrupt the global payments landscape, SWIFT’s financial messaging service continues to be the backbone of the international banking community. More than 11,000 institutions in 200 countries rely on its ironclad standards to carry out secure transactions, which have gained unanimous trust across the industry due to SWIFT’s stringent and unwavering customer security controls.
Thomson Reuters adds compliance management to Connected Risk platform
Thomson Reuters continues the expansion of its award-winning Connected Risk software platform with the launch of Compliance Management, a new solution designed to help risk and compliance professionals demonstrate strong governance and sound internal controls in the face of intense, enterprise-wide regulatory scrutiny.
Compliance Management provides a tech-enabled compliance framework capable of meeting today’s most pressing challenges by bringing processes together in a centralized location to help organizations streamline, execute, and monitor their regulatory and compliance programs.
ICA Audit sets out to innovate solutions for the risk management market by paving the way for standardisation and the global promotion of best practice
ICA Audit sets to innovate the regulatory risk analysis market by introducing a new certification programme, providing the cumulative expertise of risk management subject matter experts. The unique service helps firms identify risks, maintain impeccable standards and safeguard firms effectively.
US G-SIB goes live on AxiomSL’s regulatory platform to meet multi-jurisdictional capital and statistical reporting
AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces that an American global systematically important bank (G-SIB) has gone live with AxiomSL’s strategic regulatory platform in the UK, Ireland and the Netherlands.
EU regulators warn of cyber-threats and Brexit risks
The securities, banking and insurance sectors in the European Union (EU) face multiple risks, the latest report on risks and vulnerabilities by the Joint Committee of the European Supervisory Authorities (ESAs) shows.
Hong Kong regulator warns on cryptocurrency risks; takes action against exchanges and ICO issuers
The Securities and Futures Commission (SFC) once again alerts investors to the potential risks of dealing with cryptocurrency exchanges and investing in initial coin offerings (ICOs).
AI brings news stability risks, warns regulator
An increasing reliance on artificial intelligence by banks, insurers and hedge funds could have unintended consequences and threaten the financial system's stability, warns a report from a top global watchdog.
Building better defences by establishing a deeper understanding of cyber security threats
The SWIFT Institute has published three new working papers, each aiming to contribute towards the establishment of better cyber defences for the financial industry. The research papers focus on enabling financial institutions to get ahead and stay ahead of their cyber adversaries by providing a better understanding of the actors involved, examining a means to effectively share threat information, and establishing common terminology to allow meaningful discussions between industry stakeholders.
