Barely months after coming up for air over the fake accounting scandal, Wells Fargo is facing further scrutiny, this time over a data breach that saw the accounts of 50,000 of its wealthiest clients accidentally leaked to a former employee.
AxiomSL, the global leader for risk data management and regulatory reporting technology for the financial services industry, today made public the results of its survey of 132 senior-level risk and regulatory executives in North America and Asia-Pacific (APAC). The survey, conducted in June 2017, measures financial services executives’ outlook on the regulatory landscape and the technology investments they plan to make to uphold compliance.
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced the top findings from AUG The Exchange's Asset Management Operations and Compensation Study for 2017, sponsored by Investment Advisor Association and SS&C Advent. The study tracks key industry trends in technology and operations spending, as well as employee compensation across key positions.
Imperva, Inc. (NASDAQ: IMPV), committed to protecting business-critical data and applications in the cloud and on-premises, today announced the results of a survey of 310 IT security professionals taken at the Infosecurity Europe trade show. The survey found that when it comes to insider threats, over half (58 percent) of the IT security professionals were deeply concerned not primarily about malicious users, but about careless users who unwittingly put their organization’s data at risk.
Sapient Consulting, an integrated network leveraging technology to enable transformation across industries, today announced new research to understand how emerging technologies are transforming data management at buy-side firms.
US banks are opening themselves up to increased strategic risk by moving into new products and services as a way to take on emerging fintech rivals, warns the Office of the Comptroller of the Currency (OCC) in a report which also highlights the threat of cyber attacks and an increased reliance on third-party tech service providers.
During its meeting on 5 July 2017, the Federal Council adopted an amendment of the Banking Ordinance. It will enter into force on 1 August 2017. The revision should ensure that barriers to market entry for fintech firms are reduced and that the competitiveness of the Swiss financial centre is enhanced.
