IT spending in mature Apac financial markets to hit $19.1 billion in 2017 - Gartner
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 announces partnership with Risk Enterprise to provide rating models for IFRS 9 and Basel compliance
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.
Marketplace lending and distributed ledgers pose threats to financial stability - FSOC
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.
Global Official Institutions Are Becoming More Agile in Face of Economic Uncertainty
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.
Oracle and Lombard Risk Announce a Global Regulatory Reporting Solution
March 31, 2016 - Lombard Risk Management and Oracle Financial Services have collaborated to deliver a global regulatory reporting solution.
SimCorp Survey Reveals Significant Struggles with Risk and Performance Analytics in the Front Office
March 15, 2016 - A recent survey released by SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has revealed that portfolio managers are facing significant challenges when it comes to data accuracy and risk and performance analytics in the front office. The survey was conducted during a recent webinar hosted by SimCorp titled "Risk & Performance Analytics: Making the Front Office a Better Place."
Axioma acquires the regulatory and risk-reporting units of ConceptOne
March 8, 2016 - Axioma, a leading provider of risk-management and portfolio-construction solutions to financial institutions, announced today that it has agreed to acquire the regulatory-reporting and risk-reporting units of ConceptONE, a global provider of back-office investment services. Terms were not disclosed.
Basel Committee issues proposed revisions to the operational risk capital framework
March 4, 2016 - The Basel Committee has today issued for consultation proposed revisions to the operational risk capital framework.
