Risk Management Systems Insights


Mitigating debtor risks in uncertain times

15th February 2019

Company: Tinubu Square
Thanks to a combination of factors, from geopolitical uncertainty and Brexit through to the trade disputes between the USA and China, economic stability seems to be in doubt once again. You don’t have to look far to see that in some markets, trading conditions are challenging, and, given that recession is a not too distant memory, this has... read more

Cross border payment innovation and regulation drive each other

14th February 2019

Company: bobsguide
Unheard of today, the New York & Mississippi Valley Printing Telegraph Company was founded in 1851. Five years later, the company was renamed Western Union. Arguably one of the first companies to transact across borders, Western Union tapped into its telegraph network to transfer money from one location to another. By 1872, cross border... read more

Tech giant Adobe brings cost-cutting ID verification to KYC

8th February 2019

Company: bobsguide
Adobe, the stock content platform, is straying more and more outside of its traditional heartlands to offer digital KYC solutions in an attempt to reduce the cost of compliance for its financial services customers. “Our customers tell us they can achieve huge time and cost savings, reduce error rate and calls to contact centres and deliver... read more

A smarter way to report on financial trades?

5th February 2019

New research by independent financial regulatory think-tank JWG, in partnership with Inforalgo, confirms that financial institutions are struggling to cope with their international trade reporting obligations, as regulatory requirements grow and diverge. Costs are escalating, and the risks of non-compliance too - and firms simply don’t have... read more

AI replacement of current market risk models “a long way” off

31st January 2019

Company: bobsguide
Replacing current market risk models with something that has been derived through artificial intelligence (AI), especially unsupervised machine learning, “we are a long way from seeing that,” says Daniel Percy-Hughes, Consultant at Synechron. “There are a couple of reasons for that. One is that they [AI and machine learning]... read more

People moves: First Commerce Bank, TransUnion, Edison Group and more

31st January 2019

Company: bobsguide
Dash Financial Technologies appoints CFO New York-based fintech Dash Financial Technologies appointed Scott Patrick as chief financial officer, effective January 23. Patrick has 25 years of experience in financial services and financial technology and has held positions of an investment banker, equity research analyst and a strategic... read more

User-controlled privacy through self-sovereign identity

30th January 2019

Company: Signicat
More and more, we conduct business online and through one or several digital identities, ranging from credentials issued from a single organization to a reusable, verified electronic identity. In a research report we conducted 72% of consumers interviewed wanted a digital-only onboarding process for new financial services. Coinciding with this... read more

3 myths that harm banks' service to clients in APAC

29th January 2019

In Asia Pacific (APAC) more than any other region, service quality will determine the depth and longevity of relationships between banks and clients in the near term. Sell-side firms in APAC are still building regional brands and expanding their product offerings. Their institutional customers are finding their comfort zone in terms of risk. Those... read more

Report: Europe running out of time to conclude CCP negotiations

28th January 2019

Company: bobsguide
Trilogue negotiations began last week to discuss EU supervision of the continent's central counterparty clearing houses (CCPs) and third-country CCPs. However, with European Parliament (EP) elections fast approaching, a spokesperson close to the negotiations says that there is considerable pressure to bring the discussions to a... read more