Risk Management Systems Insights

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How regulatory pressures are a blessing for data management

20th April 2018

Company: bobsguide
After the financial crisis and particularly in Europe, recently, where the second Markets in Financial Instruments Directive (Mifid II) aimed to encourage transparency in the markets, many financial institutions were caught under wider, more stringent banking regulations. Without the necessary infrastructure around new compliance and reporting... read more
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How to simplify trade reconstruction

19th April 2018

Evolving regulatory requirements are resulting in complex challenges for financial institutions around the globe. No longer just a ‘nice to have’ requirement, the ability to quickly and accurately reconstruct trade records, and proactively spot compliance breaches is now essential to several departments in the business, including risk,... read more
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Accelerating compliance digitalization with AI and robotics

18th April 2018

Company: Fenergo
The financial services industry is currently on the brink of a massive technological disruption. Financial institutions are now beginning to actively explore new technologies, such as Artificial Intelligence (AI) and robotic process automation (RPA) to further automate routine AML and KYC processes and thereby improve operational efficiencies and... read more
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Technology, MiFID II and 2027: The changing face of the post-trade industry

16th April 2018

The Markets in Financial Instruments Directive (MiFID) II is the largest regulatory change to hit the financial services industry since the crisis. Although the legislation has been in effect since January 2018, the industry is still scrambling to put the infrastructure in place to meet the new transparency requirements. The far-reaching nature of... read more
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GDPR considerations under Brexit that business cannot ignore

16th April 2018

The UK has always made it clear that it intends to adopt major parts of EU law, and its new Data Protection Bill is proof. However it’s already apparent that the EU isn’t going to let the UK have it easy. Earlier this year it issued a notice to stakeholders to be prepared, reminding everyone concerned of the “legal repercussions,... read more
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How tighter compliance can boost the reputation and value of ICOs

16th April 2018

Company: Accuity
In 2017 Initial Coin Offerings (ICOs) became the hottest new tool for startups, and transitioned from being a relatively unknown fundraising method used in the blockchain community, to raising over $4bn by the end of the year. Just like Kickstarter or Go Fund Me, ICOs let entrepreneurs take their business plans directly to non-accredited (any... read more
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Will disintermediation happen through the blockchain?

13th April 2018

Company: bobsguide
This editor's picks is all about real use cases of blockchain in the financial industry, in preparation for our live podcast on Monday 16th at 10:30am "How long until blockchain makes a telling contribution to financial services?".  Together with IBM, Barclays and exciting newcomers, Synswap, we'll dash away Monday... read more
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New technology is reshaping how identities are verified online

12th April 2018

Company: Trulioo
There’s more to a transaction than the simple exchange of goods or services for money. Each is a relationship – an engagement that involves the sharing and exchanging of trust, value, and in some cases, data. That’s part of the reason why it’s so vital to verify customer identities at the onset of a relationship. Much of... read more
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Getting ready for the Shareholder Rights Directive

11th April 2018

The clock has started ticking on individual member countries’ translation of the revised Shareholder Rights Directive (SRD). The first tranche of measures, as adopted by the European Council (EC), are set to be implemented into national law by member states by June 2019. That may seem like plenty of time to prepare, but be forewarned: The... read more