March 28, 2014 - Global retail bank IT spending is tipped to hit $152.5 billion by 2018 as banks worldwide focus on digital delivery channel investment to attract customers, according to research by analyst group Ovum.
March 27, 2014 - As Solvency II reporting deadlines get ever closer, a poll of insurance industry leaders and experts by PwC has highlighted that 68% of insurers are still less than half way through their Pillar 3 reporting journey.
March 27, 2014 - Lombard Risk Management plc (Lombard Risk), a leading provider of integrated regulatory reporting and compliance, liquidity and collateral management solutions for the financial services industry, announces REPORTER cloud for COREP / XBRL regulatory submissions.
March 27, 2014 - SunGard has been ranked number one in six categories of Energy Risk magazine's annual Software Rankings 2014. SunGard was voted the best energy trading and risk management (ETRM) system for regulatory compliance, access to multiple OTC cleared energy markets, power, front office and trade capture, best market knowledge, and ease of integrating with other systems.
March 27, 2014 - Market conduct exams topped the list of concerns among all respondents to Wolters Kluwer Financial Services' new U.S. Insurance Regulatory and Risk Management Indicator. In the report released today, seventy-five percent of those surveyed indicated a significant level of concern with exams, while concern with privacy and data protection, electronic business transactions, changes to state rate and form filing requirements, and consumer complaint compliance increased as well.
March 27, 2014 - A new guide released today by ISACA shows how the latest versions of the COSO Internal Control—Integrated Framework and COBIT relate and helps professionals who use both frameworks to create business value for enterprises in all industries and geographies.
March 27, 2014 - Swift has acquired financial crime prevention services firm Omnicision as it continues to build up its compliance unit. Financial terms of the deal were not disclosed.
March 27, 2014 - Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that the International Bank of Qatar (IBQ), has selected the Financial Crime Risk Management (FCRM) Platform from Fiserv to manage its money-laundering and fraud prevention strategy.