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43% of pension schemes are ill-equipped to report on their ESG policy

More than two fifths (43%) of UK based trustees and pension managers do not feel properly equipped to monitor and report on their pension schemes’ ESG policy to a high standard, according to analysis from the UK pensions side of the asset servicing bank, CACEIS.

From the 1st of October 2019, new UK legislation has required trustees to outline how they approach financially material factors, including ESG and climate change considerations, into the investment decision making within their Statement of Investment Principles. 

Friday, February 21, 2020 - 09:19
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Financial IT
Sonovate strengthens onboarding process with RegTech platform from TruNarrative

Cardiff-based fintech Sonovate has invested in the cutting-edge platform from RegTech firm TruNarrative, to enhance its customer onboarding processes.

Sonovate helps businesses working with temporary workers, including recruitment agencies, consultancies and on-demand marketplaces, to grow through smart, fast and flexible finance.

Businesses using Sonovate can access finance when they need it and can rest assured knowing all their back office is handled and that their flexible staff get paid easily and on time.

Friday, February 21, 2020 - 09:03
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Financial IT
Trustly wins Best PISP at the Merchant Payment Ecosystem Awards

Trustly is thrilled to announce that it has been recognized as the Best PISP, AISP at the Merchant Payment Ecosystem Awards (MPE Awards).

Friday, February 21, 2020 - 08:56
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Financial IT
How can banks use technology to bridge the physical and digital worlds?

On 19th and 20th May, 500+ senior bank executives and industry experts will gather in London to discover how pioneering banks are meeting ever-growing customer expectations through a range of self-service and digital banking solutions

Customer behaviour is changing – banks must be agile to stay in the game

Friday, February 21, 2020 - 07:38
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Financial IT
CryptoCompare Launches New Historical Data Product on Quandl

CryptoCompare has launched a new historical data product on the Quandl platform that will enable institutional investors to monitor the nascent digital asset class and assess investment opportunities using a trusted data source.

Friday, February 21, 2020 - 07:27
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Financial IT
The extension of SCA: a sensible move or an unnecessary delay?

Those within the payments industry were thankful when the deadline for migration to Strong Customer Authentication (SCA), under the EU’s second Payment Services Directive (PSD2), was delayed.

Thursday, February 20, 2020 - 12:37
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Financial IT
Banks only debating FRTB calculation methods are missing the point

With FRTB looming, financial institutions are starting to set more and more project resources aside to tackle compliance with the regulation. A large part of this preparation involves banks balancing their capital between the standardised approach (SA) and the internal models approach (IMA).

Thursday, February 20, 2020 - 12:09
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Financial IT
Aegon UK goes live on thinkFolio Managed Service from IHS Markit to support its new multi-asset fund range

IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced that Aegon UK, one of the world's leading providers of life insurance, pensions and asset management, is live on the thinkFolio Managed Service platform.

Thursday, February 20, 2020 - 11:59
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Financial IT
Bremer Bank taps Backbase to deliver personalized customer experiences

Leading digital banking software provider Backbase today announced that Bremer Bank has chosen the Backbase Digital-First Banking Platform to power its digital transformation to deliver hyper-personalized experiences for their customers.

Thursday, February 20, 2020 - 11:48
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Financial IT
Take Control of Cloud Data or Risk Loss or Non-Compliance, 4sl Warns Financial Services Organisations

Financial services organisations need to pay close attention to how their cloud providers back-up data, or risk significant data loss or even non-compliance, 4sl has warned. According to IDC, by 2025 49 percent of the 175 zettabytes of data worldwide will be stored in public cloud environments as organisations realise the benefits of using IaaS, PaaS and SaaS.

Thursday, February 20, 2020 - 11:46
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