Risk Management Systems Insights


Why the human factor must be taken out of the authentication process

25th April 2017

Company: Crossmatch
Today’s need for smarter cybersecurity in financial services is a self-evident one. As corporations embrace the digital age, increasing volumes of valuable data are stored online, and an increased number of users are granted access to that data through a variety of channels (and therefore become end points of the system). This development... read more

Five ways to bolster your cyber defences

24th April 2017

Aaron Miller, Systems Engineering Manager, Palo Alto Networks Financial organisations hold critical personal, financial and operational information which has made them particularly attractive targets for cybercriminals - last year the Financial Conduct Authority reported that UK finance groups were facing huge increases in the number... read more

Robots v regulators: Digitalisation in fund management

24th April 2017

Company: FIS
Tony Warren, Executive Vice President, FIS Fund administrators face a rapidly evolving ecosystem in which fee pressure, cost constraints and a volatile regulatory environment pose significant challenges to business as usual. In addition to this, the robots are coming. However, many businesses are realising that the robots are largely benevolent;... read more

MiFID II: How the cloud can be used for compliance around customer records

20th April 2017

Company: Druva
On the 3rd January 2018, MiFID II (the second Markets in Financial Instruments Directive) will come into effect. It stipulates that anyone involved in the advice chain for an intended trade must record and retain all records of interaction for a minimum of five years. With the official deadline for compliance less than a year away how can you best... read more

How “de-risking” is changing the face of AML compliance programs

18th April 2017

The last decade has brought with it sweeping changes to the financial industry that has made it increasingly difficult and costly for banks, money services businesses (MSBs) and other financial institutions to fulfill their anti-money laundering (AML) compliance requirements. Under pressure from executives, board members, and regulators alike, many... read more

Top interviews from Q1 2017 part two: MangoPay, Moven, Barclays, LexisNexis and Margaris Advisory

17th April 2017

Company: bobsguide
1. "Because of PSD2 we might see a number of companies enter the tri-party payments space in an effort to maintain growth, but there is a lot of work they’ll have to do to catch up to where we are": James Morton, Mangopay Country Head UK & NL The crowdfunding and marketplace model industries have blossomed in recent years,... read more

Top five interviews from Q1 2017, part one: BNP Paribas, Monzo, Equiniti, SunTec and Novofina

14th April 2017

Company: bobsguide
Bobsguide is committed to speaking to industry leaders and experts in the financial services industry. Our interviews are a great way to start a conversation, discuss new innovations and address current topics in the fintech sector. If you missed these interviews when they were published, now's your chance to read them. Here are the top... read more

How the evolution of cybersecurity has led to GDPR

10th April 2017

Company: Stormshield
Businesses across Europe are steadily increasing preparations for the new European regulation on the protection of personal data (GDPR). For those handling customer data of any kind, this will mean a major transition and between now and May 2018; companies and employees will need to make sure they review their procedures and have everything ready... read more

Fintech's role in improving the KYC client review process

10th April 2017

Company: Fenergo
Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations dictate that financial institutions must ensure that they know their clients and verify their identities with appropriate data and documentation that proves that their clients are who they say they are, are not involved or related to anyone involved in money... read more