AxiomSL, the leading global provider of regulatory reporting and risk management solutions, announced today that FirstRand Bank Limited (London Branch) has gone live on its solution for the production and submission of the statistical reports required by the Bank of England (BOE).

AxiomSL’s solution has been recognized by the BOE since 2004. It supports all aspects of reporting to the regulator, from the aggregation and cleansing of data to the population of templates and submission of completed reports via the Online Statistical Collection Application (OSCA).

Over the past decade we have seen a marked shift in how we as a global society wish to interact. No longer do you have to rent specialist holiday homes from a travel agent, you don’t have to call a cab and the days of the car boot sale are numbered. The rise of the sharing economy has completely changed how we do things and the evidence suggests that these new behaviours of share and share alike are on the rise thanks to a myriad of electronic platforms allowing us to interact with people we would never have even said hello to before let alone shared our homes or cars with.

The European Stability Mechanism (ESM) has appointed Pierre-Henri Floquet to the position of Head of Asset & Liability Management (ALM) and Lending. Since 2014, Mr Floquet had been working as Senior Banking Expert at the ESM.  

Understanding new regulations and rules, managing operations in light of new regulations and anti-money laundering are among the top three important issues for chief compliance officers and executives at financial services companies. These results were part of a new IPC Compliance Survey of 2016 FINRA annual conference attendees conducted by IPC Systems, a leading global provider of risk and compliance solutions for the financial services community. 

Retail loyalty offerings today, often at the heart of retailer customer experience plans, are often impersonal and increasingly intangible - two million gold stars don’t mean much if they don’t translate into anything of worth. Consumer value is being forgotten as companies become increasingly obsessed with data. The retail winners of the future will be those that put the consumer and their experience first.

1. Provide a product or experience that’s worth going in-store for

Today, Wednesday June 29, marks the golden anniversary of the first credit card in Britain. Yoyo Wallet CEO Alain Falys, whose company helps retailers integrate their EPOS systems to create fast and secure mobile payments, says that 50 years after this payment revolution, we're now on the brink of another.

From the security perspective the most secure computer is the one not connected to the internet or any network at all. Unfortunately the information security and functional convenience frequently contradict with each other. In today’s interconnected world the organizations have to put their business interests and critical infrastructure at great risk in pursuit for innovation.Rapid7 helps security professionals in effective vulnerability assessment and incident management with no compromise to functional performance.

The Banner Bank executive leadership team is pleased to announce Kayleen Kohler has joined the bank as Executive Vice President of Human Resources, and a member the Executive Management Committee. Kohler plays a key role in driving the company’s organizational design priorities, including leadership development, talent acquisition, workforce planning, employee relations, compensation, benefits, diversity initiatives, payroll and safety.

The Department of Labor (DOL) has set a new standard for advisors by redefining who qualifies as a fiduciary. New objectives aim to ensure that advisors are always putting the best interests of their clients first, and reduces conflicts of interest for advisors by increasing fee disclosures. Many believe that this fiduciary standard will increase the cost of business for advisors due to the cost to comply, and if some advisors want to continue to plan for a client’s retirement with investments, they will need to adjust their workflow.