6 trends in insight driven data management

14th January 2019

Company: Asset Control
Financial institutions need to improve data quality and availability not only to meet operational goals, but to contribute to core competencies in managing investment performance, reducing risk and meeting compliance goals. Our research shows firms are looking to adopt new and additional capabilities to derive higher levels of business value from... read more

CFTC ethereum questions show “fundamental” lack of understanding

11th January 2019

Company: bobsguide
A request for input from the Commodities Futures Trading Commission (CFTC), seeking to improve its understanding of the ethereum blockchain, has demonstrated a “fundamental” lack of knowledge at the regulator. “It seems to not have a very good understanding of ethereum overall,” says John Quarnstrom, founder of ethereum... read more

Longer SFTR scrutiny period to give banks breathing space

11th January 2019

Company: bobsguide
Any extension to the scrutiny period for the Securities Financing Transactions Regulation (SFTR) comes as a blessing as “there is still so much” for banks to do. "Some banks will find it difficult to retain their resources [during a delay]. After enough time they get moved on to other projects,” says Dean Bruyns, senior... read more

5 key questions about alternative data

11th January 2019

Company: Suburbia
Alternative data has quickly become the hot new area in data science. As the world is becoming more transparent and digital, the number of virtual footprints increases, as does the availability of data. Satellite imagery, social media posts, geolocation tracking – they all make for new, exciting sources of information that contain all... read more

It’s all about convenience: the payments industry in 2019

10th January 2019

Company: Hyperwallet
If there’s one word to describe the direction that the payments industry has headed over the past year, I think it’s this: convenience. Consumers want to be able to make purchases on-the-go with just a tap of their smartphones. Workers want easier ways to access their earnings and support their lifestyles. Companies want faster, more... read more

Open Banking clears way for tech giants to move into financial services

10th January 2019

Company: bobsguide
Two in three (66%) of UK banking decision makes believe the tech giants will be offering retail banking services by 2024, according to a recent survey. The tech sector – led by Google, Amazon, Facebook and Apple (GAFA) – are well poised to embrace Open Banking, according to banking commentator Elizabeth Lumley, director of fintech... read more

PSA exemption from clearing obligation to be extended by four years

9th January 2019

Company: bobsguide
The exemption for pension scheme arrangements (PSAs) to clear over-the-counter (OTC) derivatives through central clearing houses under the European Markets Infrastructure Regulation (Emir) is to be extended for a further four years under the regulation’s Refit proposals, according to a European Commission spokesperson. “There is an... read more

API-equipped banks put pressure on technology vendors

9th January 2019

Company: bobsguide
Technology vendors need to support the adoption of microservices or risk banks pivoting to a model of self-sufficiency, according to Hans Tesselaar, executive director at BIAN “Each year you see fewer and fewer core banking vendors appearing on industry rankings tables,” he says. “In 20 years from now maybe there will only be... read more

Digital customer onboarding – are you doing it wrong?

9th January 2019

Company: Signicat
Until recently, proving our identity has been a fairly straightforward process. After all, almost all of us have access to some form of physical identification which we’re able to produce as necessary. Go through immigration and we present our passport or identity card. Hire a car and we hand over our driving license. But as more and more... read more