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Who watches the watchmen?

With much of the new financial regulation being passed and implementation for most of it in full swing, supervision is likely to gain more attention in the coming years. Since investment firms and infrastructure providers are largely supervised by national competent authorities, it raises the question who watches the watchmen?

Thursday, January 14, 2016 - 07:30
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American Competitiveness: Education and Irony
There were two announcements from TXF regarding US global competitiveness today which are a tribute to irony. The first is that the Japanese ECAs or export credit agencies JBIC and NEXI will be financing geothermal energy projects in Iceland. This of course means that Japanese banks will be making the guarantied loans which will facilitate the provision of  Japanese turbines for these renewable energy projects. It also signifies the creation and continuance of high paying Japanese manufacturing and support services jobs.
Wednesday, January 13, 2016 - 12:52
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Wolters Kluwer Launched Enterprise Credit Solution for China

Wolters Kluwer has launched its Enterprise Credit Solution for China.

The solution enables financial institutions operating in China to comply with the official China Enterprise Credit System (ECS) reporting standards, as set by the People’s Bank of China (PBOC).

Wednesday, January 13, 2016 - 11:53
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Swift India Announced Partnership with Barclays

Swift India announced  that Barclays  selected it as a channel for payments, cash management, trade finance and treasury transactions for their corporate customers.

Eleven banks in India have already selected SWIFT India and are currently under implementation.

Wednesday, January 13, 2016 - 11:49
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Xura Teams Up with Wikot to Create Contextual Communication App for Financial Industry

Xura, Inc., a leading provider of digital communications services and innovator in Web Real-Time Communications (WebRTC) technology, is today pleased to announce its partnership with Wikot, a leading digital marketing agency. Specializing in creating innovative communication and digital experiences for businesses and consumers based on IP technology, Wikot's app development expertise, combined with Xura's real-time web and mobile engagement technology, will deliver tomorrow's click-to-communicate interactive solutions to industries such as the financial sector.

Wednesday, January 13, 2016 - 10:51
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Misys Shortlisted for ‘UK National Public Champion’ in the European Business Awards

Misys, the leading financial software company, is competing for the title of ‘UK National Public Champion’ in this year’s European Business Awards. 32 UK National Champions are going head-to-head as the awards opened to public vote this week.

Nadeem Syed, Chief Executive Officer, Misys says: “As the only member of the FinTech industry in the awards the public vote means a great deal. The FinTech sector represents a vibrant source of innovation and talent in the UK and we are looking to our customers, partners, employees and the wider industry to support our success.”

Wednesday, January 13, 2016 - 10:40
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Sapient Global Markets Announces Launch of CMRSSM Portal

Sapient Global Markets, a leading global provider of business technology and consulting services for the capital and commodity markets, today announced the launch of CMRSSM Portal, delivering the proven trade reporting capabilities of CMRS as a fully outsourced solution.

Wednesday, January 13, 2016 - 10:26
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SunTrust Selects NICE Actimize's Enterprise Risk Case Management Solution

NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest and broadest provider of financial crime, risk and compliance solutions for the financial services industry, was selected by SunTrust Banks, Inc. for its Enterprise Risk Case Management (ERCM) solution to consolidate the firm's financial crime investigations processes.

Wednesday, January 13, 2016 - 09:53
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Fiserv and Alpha Payments Cloud Announce Partnership to Boost Real-Time Payments in Australia

Alpha Payments Cloud, a global leader in providing third party payment, risk and commerce solution access to international banks and merchants, has today announced a partnership with Fiserv, Inc., a leading global provider of financial services technology solutions. The partnership will provide Australian banks with a simpler and faster way to process payments in Australia while also generating significantly more value through the addition of overlay services through the AlphaHub Payments as a Service platform. 

Wednesday, January 13, 2016 - 09:24
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Telit Announces Acquisition of Wireless Communications Assets

Telit, a global enabler of the Internet of Things (IoT), today announced that it has agreed to acquire Bluetooth, Bluetooth Low Energy (BLE) and Near Field Communication (NFC) assets in hardware and software from Stollmann Entwicklungs und Vertriebs Gmbh (“Stollmann”) in Hamburg, Germany. Stollmann is a global player in the Bluetooth and NFC business, designing, developing and manufacturing cutting-edge, low-power Bluetooth modules and highly sophisticated software solutions for short range wireless communications.

Wednesday, January 13, 2016 - 09:12
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