Marketing / PR Insights

Risk management tech vendors debated pandemic-triggered market risks outlined by the European Securities and Markets Authority (Esma) last week, including high market volatility and liquidity challenges. “Top-line market volatility has indeed declined but remains high relative to history. In fact it would have to go down another 30 percent... read more

The current pandemic’s impact on individuals and organisations within the banking sector is ever evolving. It has been predicted that the economic environment post-coronavirus is likely to be tough, with a long and difficult journey to recovery. In the past few months, financial organisations have attempted to show adaptability and... read more

“If our CEO came to us and said ‘right, we want to rapidly digitalise this bank so that we do everything that we do today only through digital channels,’ we would have sized that and said we're going to have to stand up multiple programs, it's going to take us 12 to 18 months because that's what everything takes... read more

The insurance industry continues to face a crisis of trust while attempting to make advances in customer personalisation, according to market participants. “We’ve got a lot of challenges ahead of us in insurance because of personalisation,” said Sam White, chief executive of Pukka Insure during an online MoneyNext Summit... read more

Derivatives traders are on track to adopt new benchmark fallbacks ahead of the London Interbank Offered Rate (Libor) transition, with the pandemic bearing little impact on preparations. “We have personally not seen any slowdown because of coronavirus from our clients, whether it’s on the fallbacks per se or even other solutions they... read more

The UK Financial Conduct Authority’s (FCA’s) delay of the Senior Managers and Certification Regime (SMCR) may grant new opportunities for tech providers, but the long term impact on regtech solutions is uncertain. “One of the challenges is if firms build themselves that initial process for complying and they get comfortable... read more

Lawyers representing UK insurers began their oral submissions today as the Financial Conduct Authority’s (FCA’s) High Court test case continued. Representing the insurers, Gavin Kealey QC said the case was “not a question of the insurers escaping liability; it is simply that that which is the peril which is insured against has... read more

When auditors KPMG discovered a €1.9bn black hole in the accounts of German payments giant Wirecard last month, shockwaves were sent across the financial world. The ongoing scandal has raised questions for many, not least accounting firm Ernst & Young, whose previous audit had failed to uncover the anomaly, and former Wirecard CEO Markus... read more

Regulatory hurdles remain the greatest challenge for asset managers, who will look to outsource compliance burdens as the pandemic eases according to research.   The study, conducted by Northern Trust in the first quarter of this year, found that 50 percent of asset managers cite the regulatory environment as their top challenge when... read more