Even as the global banking regulatory landscape witnesses rapid evolution, since the last few years India’s primary regulator, the Reserve Bank of India (RBI) has been diligently dispensing some of the most critical compliance and risk regulations. Though there has been considerable opposition from the financial services industry, most regulations have invariably been implemented in some fashion or the other.
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'Future-proofing' Compliance: Lessons for Global Banks from a Visionary Regulator
Sunday, March 8, 2015 - 19:00
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Fintellix
Risk technology: spend your budget on the carrots, don't waste it on the stick
The financial crisis exposed a number of weaknesses in the financial industry’s ability to assess, realise and mitigate risk on a very public scale. The knock-on effect of this exposure has been, and continues to be, vast with financial institutions being subject to heavy scrutiny from regulators. The expectation on banks to demonstrate increased transparency and the ability to effectively manage their risk has intensified substantially.
Tuesday, March 3, 2015 - 19:00
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Bank of the West Customers Use Snap-to-Pay from Fiserv
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Bank of the West, a $71.7 billion asset bank with locations in 22 states, has added the Snap-to-Pay(TM) capability to its mobile banking app. Snap-to-Pay enables customers to pay bills with a snap of their smartphone cameras and is currently offered through the Mobiliti Enterprise(TM) mobile banking and payments solution from Fiserv. Bank of the West is the first to launch Snap-to-Pay, branded for their customers as Scan to Pay.
Thursday, February 26, 2015 - 17:25
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Deutsche Bank and HP sign agreement
Deutsche Bank and Hewlett-Packard (“HP”) today announced a ten-year, multibillion dollar agreement that will further modernise the Bank’s global information technology (IT) environment and aims to significantly reduce related IT infrastructure costs.
Under the terms of the agreement, which mainly covers wholesale banking IT infrastructure, HP will provide dedicated data centre services on demand including storage, platform and hosting.
Deutsche Bank will retain activities such as IT architecture, application development and information security.
Tuesday, February 24, 2015 - 17:11
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BIL Manage Invest selects Linedata Front Office platform for its Luxembourg based asset management businesses
Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that BIL Manage Invest (BMI), the management company of Banque Internationale à Luxembourg (BIL), has selected Linedata Front Office Platform to manage their complete front-to-back asset management workflow across their full suite of investment funds.
Monday, February 23, 2015 - 17:22
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Bank of the Ozarks Converts to Premier from Fiserv to Provide Integrated, Comprehensive Banking Solution
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Bank of the Ozarks, headquartered in Little Rock, Arkansas, successfully converted to the Premier(R) bank platform. In addition, the bank is implementing a host of additional Fiserv solutions to enhance capabilities and optimize processes for the institution.
Sunday, February 22, 2015 - 19:00
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Instinet achieves #5 ranking among cash equities brokers in Europe
Instinet Europe Limited (IEL) today announced its number five ranking, by customer market share, among cash equities brokers in Europe, according to a research report published by Markit.
Instinet was the only firm in the top ten to climb the rankings in 2014, increasing market share from 6% to 10%, doubling its traded client volumes in Europe last year and seeing volumes worth €990bn compared to €486bn in 2013. Instinet saw growth in large, mid and small cap equity securities.
Sunday, February 22, 2015 - 19:00
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ECB Joins Misys Infusion Programme To Promote Core Banking In Africa
Misys, the leading financial software company, has signed an agreement with ECB, a Zimbabwe-based application software and services provider, to join the Misys InFusion partner programme. Working with banks and government institutions in Zimbabwe, Malawi, Angola, Botswana, Zambia and other African countries, ECB provides expertise in application development, managed services, strategic sourcing, training and consulting, designed to bring efficiency and automation to client companies.
Sunday, February 22, 2015 - 19:00
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Misys
RDA: do the responses stack up?
In a similar vein to the BIS’ recent progress report on BCBS 239, Markit commissioned its own survey. 29 global banks responded. So what difference did it make to the results when it’s not a regulatory body asking the questions? Are the answers perhaps less guarded and more honest? Or do the answers stack up?
Sunday, February 22, 2015 - 19:00
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Markit Group Limited
Finance as a Service - FaaS
Disruption, is a fascinating interest of mine, the magnitude occurring in energy, cars, Internet of Things and financial fronts is just amazing in its breadth and speed. On the energy front, U.S. growth has resumed due largely to the technical innovations of fracking and horizontal drilling. On the car front, Tesla, according to Forbes, has irreversibly distorted the auto industry. Homeowners with rooftop solar power and PPA financing (Power Purchase Agreements) are disrupting the very concept of an electric utility.
Sunday, February 22, 2015 - 19:00
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