October 28, 2014 - RiskBusiness International Limited, the leading international operational risk advisory firm, today announced enhancements to the audit, compliance and governance aspects of the RiskBusiness OpRisk IntelliSet.
October 27, 2014 - The European Banking Authority (EBA) published today the results of the 2014 EU-wide stress test of 123 banks. The aim of the stress test is to assess the resilience of EU banks to adverse economic developments, so as to understand remaining vulnerabilities, complete the repair of the EU banking sector and increase confidence. Twenty-four European banks have failed "stress tests" of their finances.
October 27, 2014 - Confluence, global leader in data-driven, scalable software and service solutions for the managed investment industry, today released the results of its 2014 Asset Management Industry Trends Survey. Nearly all survey respondents (94%) voiced concern that manual processes might affect their ability to control errors in the back-office, up from 85% in 2010.
October 23, 2014 - In the wake of several recent high-profile cyber attacks on major sectors of the global economy, cyber security now ranks as the principal concern of the financial services industry, according to results of a new survey released today by The Depository Trust & Clearing Corporation (DTCC).
October 23, 2014 - According to a study carried out on behalf of Wincor Nixdorf by the American company International Data Corporation (IDC), a global leader in IT market research and consulting, in 2017 banks all over the world will invest some 16 billion U.S. dollars in branch transformation and the new technologies it requires.
October 22, 2014 - "When Apple CFO Peter Oppenheimer stepped down this year as finance chief and Luca Maeistri took the reins, ample attention was given to the new report to CEO Tim Cook. Another recent high-profile CFO appointment includes Twitter naming Anthony Noto to the position in July.
October 22, 2014 - Nordea Bank is to take a EUR344 million impairment charge on its current IT systems as it embarks on a major project to rip and replace its core banking and payments platforms.
October 22, 2014 - Thomson Reuters has updated its patented, award-winning PPC's SMART Practice Aids Audit Suite to provide customers with a focused, integrated, and efficient internal control evaluation tool that is fully compliant with COSO's new Internal Control Framework.