A global survey of institutional investors commissioned by financial automation software leader BlackLine, Inc. (Nasdaq: BL) reveals that 82 percent of global investors believe companies in their portfolio often resort to legal but ‘creative’ accounting tactics in order to attract or satisfy investors, causing investors to increase scrutiny over portfolio company financials.
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Majority of institutional investors agree we will enter a global recession in the next 12-18 months, amidst serious concerns over the financial conduct at large organisations
Monday, November 25, 2019 - 11:32
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New Cloud Maturity Index shows: the finance sector in the lead – public sector still lagging behind
Cloud transformation has increasingly become a key enabler for digitalization and realizing data driven opportunities for organizations across the Nordics. Still, only 18 percent of organizations can be considered as cloud mature. When it comes to different industries, the finance sector is in the lead, while the public sector reports the lowest maturity. This is revealed in Tieto’s Cloud Maturity Index. For the first time, environmental considerations are taking a spot on the cloud agendas of many organizations.
Monday, November 25, 2019 - 10:20
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Microgen and Touchstone Wealth Management merge to deliver technological innovation
Microgen Financial Systems and Touchstone Wealth Management, leading providers of financial services technology systems, today announced their merger, becoming the leading provider of technology to the Trust and Corporate Services market.
Monday, November 25, 2019 - 09:48
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The Surveillance Conundrum: Is My Surveillance Process Good Enough?
How to develop a practical approach to the surveillance challenge facing compliance and control professionals at global asset managers and hedge funds.
Monday, November 25, 2019 - 09:38
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Signicat Positioned as Leader in Identity Proofing in One World Identity’s 2019 Identity Industry Landscape
Signicat, the Trusted Digital Identity Companyä today announced that it was recognized as a leader in Identity Proofing by One World Identity (OWI). OWI is a market intelligence and strategy firm focused on identity, trust, and the data economy. Each year, OWI designs an Identity Landscape, providing a comprehensive and holistic view of leaders in the identity space.
Monday, November 25, 2019 - 09:24
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scott.vine@cliffordchance.com
Monday, November 25, 2019 - 08:34
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CBDCs: The Next Phase of Scrutiny
From banknotes, cards and mobile payments to cryptocurrencies and, more recently, Central Bank Digital Currencies (CBDCs), the world is witnessing breakthroughs in financial technology.
Monday, November 25, 2019 - 07:23
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Financial IT
ICSFS’ Islamic Team Participates in AAOIFI's Intensive Workshop Following the 14th AAOIFI-World Bank Annual Conference
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, Islamic team have participated in The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) workshop, the leading international not-for-profit organisation primarily responsible for development and issuance of standards for the global Islamic finance industry.
Monday, November 25, 2019 - 06:17
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Financial IT
Canada's EQ Bank Moves Core Banking System to the Cloud
EQ Bank, the digital arm of Canada's Equitable Bank, has moved its entire core banking system to the cloud.
Launched in 2016, EQ Bank has surpassed $2.5 billion in deposits, offering consumers high interest savings and an optional checking account.
The challenger brand says the shift of its architecture to Microsoft Azure will reduce overheads and ready the bank for up-an-coming innovations in open Banking.
The move is supported by long-term technology partner Temenos and will utilise the Swiss supplier's cloud-native T24 Transact product.
Monday, November 25, 2019 - 06:07
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Financial IT
ABN Amro to Shut Down Android Wallet App
ABN Amro is discontinuing its Wallet app for Android smartphones as too few customers use the device to make payments.
The Dutch bank says that fewer than five percent of its customers have ever used the bank's three-year old Wallet app on Android to make a payment.
The decision to ditch the inhouse wallet comes just a month after ABN Amro rolled out Apple Pay for contactless payments on iPhone, Apple Watch, iPad and Mac.
The Android app will continue to function for two months, before being switched off by the bank.
Monday, November 25, 2019 - 06:02
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Financial IT
