Risk Management Systems Insights
4th September 2017
bobsguide spoke to Dermot Harriss, Senior Vice President of Regulatory Solutions at OneMarketData, about how machine learning and new regulations are changing the landscape of trade surveillance, and how a balanced mix of data management via machine learning can reduce false positives and minimise costs for firms.
How did you get into trade... read more
30th August 2017
The digital revolution has shaken up the business world and fundamentally changed the way we all operate. But while digital technology has been available since the 1950s, the business community is still working hard to ensure all large businesses have a digital first approach. Like any radical overhaul of working practices, it is not without its... read more
29th August 2017
It’s a Catch 22: to get financial credit, you need a credit history; to get a credit history, someone has to give you credit. And in many developing markets, that’s unlikely to be a bank. Not for the first time, the mobile phone is well placed to come to the rescue – but this time, it needs a little data science help.
The... read more
28th August 2017
In case you missed it... the bobsguide articles that have generated the most interest in 2017 to date.
The most significant fintech acquisitions of 2017 so far
According to KPMG’s Pulse of Fintech report, fintech VC activity in Europe has hit a historically high level for successive quarters. In Q1 2017, global... read more
24th August 2017
Increased regulatory burdens and unforeseen risk threats are rapidly evolving the risk management landscape. New considerations for CROs are cropping up with at a rate where reactive IT patches moved by vast sums of money are not a viable solution. Likewise, there are circumstances where an outsourced IT approach cannot account for wider... read more
22nd August 2017
Complying with regulations and gaining commercial advantage are not always easy bed fellows. So if you are an adviser or wealth manager grappling with the upcoming implementation of the EU’s second Markets in Financial Instruments Directive (MiFID II) the first response may be to think of it as yet another drain on time and resources rather... read more
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
28th July 2017
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
27th July 2017
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
10th July 2017
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