Finastra, today announced that it is bringing IFRS 9 compliance capabilities to Indonesia through a local Government accredited data center, helping regional and medium-sized banks take the necessary action now to comply with the new financial reporting standards due in January 2020. 

New options trading model functionality available to all I-STAR/CORE users

NRI, a leading provider of consulting services and system solutions, today announced that I-STAR/CORE has added a new function to respond to a new listed options trading method, Flexible Options. The new method was recently introduced by Osaka Exchange, Inc. (OSE) on June 25^th, 2018.

The Certificate Authority Security Council (CASC), an advocacy group committed to the advancement of the security of websites and online transactions, announced at the CA/Browser Forum event in London the launch of the London Protocol – an initiative to improve identity assurance and minimize the possibility of phishing activity on websites encrypted with organization validated (OV) and extended validation (EV) certificates, which contain organization identity information (Identity Certificates).

According to a brand-new survey from Insurance Nexus 94% of respondents agreed that AI is going to deeply transform the insurance industry.

The message is clear.  AI is going to hit insurance big time – so you need to ensure you’re prepared for the future. 

One way to do this is to check out our newly released “Canada's first insurance analytics and AI survey”, where we quizzed 250 of the brightest minds in insurance.  By reading it, you’ll get the low-down on the latest trends in analytics, AI and automation and be able to adjust your strategy accordingly.  

Money.Net joins community of firms building on OpenFin to accelerate innovation and collaboration across the industry

Money.Net, the disruptive, web-based platform for financial data, news and analysis, today announced that it has selected OpenFin technology to quickly and seamlessly onboard, deploy and deliver Money.Net software at scale, particularly within global financial institutions.

Wolters Kluwer’s Finance, Risk & Reporting business today announced that Chartis Research has named the company a Category Leader in its Current Expected Credit Loss (CECL) Technology Solutions report. Chartis uses in-depth research and a clear scoring system to determine which solutions in the marketplace can meet an organization’s needs. Last year Chartis also named Wolters Kluwer as a Category Leader in its International Financial Reporting Standards (IFRS) 9 Technology Solutions: Market Update 2017 report.

The proportion of firms citing cyber attack as a key risk has increased for the third consecutive time in the Bank of England’s Systemic Risk Survey, released today. The survey highlights perceived risks to the UK financial system. Although overall confidence in the UK’s system has increased, the number of firms who perceive cyber attack as a risk has increased to 62 percent.

Next step in company’s international expansion plans

In line with the company’s international expansion plans and shortly after the completion of its brand new scalable platform, Perkbox, UK’s fastest growing employee benefits platform, is disclosing some further organisational changes to its London HQ with the appointment of Tom O’Connor as Enterprise Customer Success Director.