Best Practice

Disruption continues to reshape the financial services industry. Online banking and faster payments have been happily embraced by customers – good and bad. Money launderers, just like fraudsters, see change as opportunity. But while fraud checks and sanctions screening are already happening in real time, transaction monitoring for Anti Money... read more

Artificial intelligence (AI) and machine learning are proving invaluable in shaping the banking landscape of the future – not only for attracting and retaining consumers, but also in the fight against financial crime. But if banks are adopting AI, so too are their attackers. It’s clear that AI must be used widely to combat crime, but it must... read more

Fraud accounts for nearly half of all crimes, and over half of all frauds are cyber-enabled. Cyber fraud is also a primary motivator for cyber attacks, so should be high on the agenda for security and fincrime teams. The Intelligence Network is an industry initiative launched by BAE Systems in July 2018. It is powered by a global community of... read more

John Landry, CEO of Electra Information Systems, talks to FTF News about industry issues and why the company won the Best Reconciliation Solution award for the third time in a row in 2018. read more

An investment manager’s post-trade operations environment generally evolves as the firm grows. Technology solutions are important for helping firms manage increased trade volumes, mitigate risk and lower costs. Operational efficiency is always the goal, but over time, siloed solutions used to manage a particular area of operations get in the way... read more

Discover the key benefits of a treasury management system, including boosting productivity and maximizing security and control. read more

Authored by CAT expert and Inforalgo advisor, Harshad Pitkar, this eBook brings readers up to date on the Consolidated Audit Trail and presents a 4-point action plan for Capital Market participants read more

AxiomSL shares information, ideas and best practices that enable an organization to be prepared for the FDIC Part 370 reporting kickoff on time. Using the Service Level Expectations process concepts discussed here, CIs can incrementally and continuously improve the quality of deposits-customers-accounts data flowing through the organization. CIs... read more

The data-river process concept, the Service Level Expectations (SLE) concept and the five techniques discussed in this paper — The Investment for Conformance, The Investment to be Competitive, The Price of Nonconformance, The Cost to Withstand Audits and The Cost to Manage Change — can enable you to organize, prioritize and justify continuous... read more

IFRS 9 is one of the most challenging standards in terms of human expertise, data requirements, and infrastructure needs. To help minimize the challenges faced by banks while transitioning to IFRS 9, Path Solutions has launched its Credit Risk and IFRS 9 solution which provides them with the required tools to implement the multi-step impairment... read more