Risk Management Systems Insights


Regulation and enforcement: FX manipulation, best execution, and principles, principles, principles…

1st August 2017

You would be mistaken if you thought enforcement notices were just the preserve of big banks and individuals. Many smaller regulated banks fall foul of FCA and other authorities’ scrutiny. For FCA regulated firms this is mainly around two important principles of business (Principle 3 & Principle 11). Principle 11 deals with relations with... read more

Editor's pick: Fintech and GDPR

28th July 2017

Company: bobsguide
bob’s guide to treasury management systems: How financial professionals can prepare for GDPR Leonie Mercedes - Reporter, bobsguide The penalties for non-compliance of GDPR are high: any breaches incur a maximum penalty of 4% of the organisation’s global annual turnover, or €20m, whichever is more. But many studies... read more

Alternative investment sector compliance in a rapidly changing cybersecurity landscape

27th July 2017

Company: RFA
There are a number of priorities that firms in the alternative investment sector must attend to, but in today’s increasingly cyber environment, the biggest must be cybersecurity. Following closely behind, is compliance with mandatory regulations. The two priorities are often intrinsically linked, and should be approached as one. But where... read more

Mutualisation and the benefits of implementing managed services for FX

10th July 2017

Company: GFT
Regulation is tightening within the banking industry and with the advance of technology, it is becoming more and more challenging for firms to retain acceptable profit margins within their foreign exchange (FX) business. Over the past decade we have seen many firms off-shoring and outsourcing their operations business to reduce costs in order to... read more

Editor's picks: Developments in MiFID II

7th July 2017

Company: bobsguide
1. Making wealth managers ready as the MiFID II deadline approaches Rodney Taylor, Business Development Director, Profile Software The regulators have been clear in communicating the instruction that they expect best efforts to be made to comply with the fast approaching 3rd January 2018 deadline for MiFID II. Whilst an army of consultants... read more

The emergence of Interaction Analytics as a compliance tool

4th July 2017

Business Systems’ Tim Thurston explains how Interaction Analytics can be used to help comply with the ever tightening regulations within the financial services Industry Why is the adoption of Interaction Analytics gaining momentum within financial services? In an effort to comply with the ever tightening regulations such as MiFID II,... read more

Keeping up with European market infrastructure regulations

30th June 2017

The G20 commitments have significantly increased the levels of disclosure, granularity, traceability, and regularity of reporting requirements across the globe. The high standards expected by regulators are a challenge to all market participants. The only thing that is constant with the regulatory requirement is the continual change. Since 2014,... read more

Financial services technology, machine learning and regtech

28th June 2017

Company: MathWorks
Over the decades, crises and subsequent regulatory change has transformed the risk-led financial services sector. However, financial organisations also have had reputations as early technology adopters, some quite “wild west” in their quest for differentiation and profitability. On one hand, the industry prioritises risk mitigation to... read more

EBA’s consultation on economic downturn factors: Need of simplified approaches

28th June 2017

Company: Prometeia
The European Banking Authority (EBA) has recently launched a public consultation on its draft Regulatory Technical Standards (RTS) specifying the nature, severity and duration of an economic downturn, according to which institutions shall estimate the downturn of loss given default (LGD) and credit conversion factor (CCF), which are credit... read more