The business of transforming risk

Chief Risk Officers in the financial services sector currently have their work cut out to stay on top of complex regulatory change while overseeing the digital transformation of their bank’s risk function. At their fingertips, they have a wealth of knowledge and data resources that they must make best use of in achieving this task, applying data science and smart, AI-driven analytics as well as appropriate governance to help them.

Striking a balance

According to the results of a survey conducted by the European P2P platform Robo.cash, the strategy of P2P investors depends on their mentality, socio-economic and geographic aspects. Thus, the survey revealed that investors from Central Europe tend to make long-term plans - 50% of them invest in P2P lending to prepare for retirement. In the meantime, investors from South European countries are more focused on quick results. Among them, 56% prefer investing in short-term loans compared to 47% of respondents from Central Europe.

Solactive is pleased to announce that Zürcher Kantonalbank, one of the leading Swiss universal banks, will use four Solactive Benchmark Indices as underlyings for their newly launched certificates.

Allevo, a Romanian financial software company, has been nominated, for the second year in a row, as ‘Ones to Watch’ in Europe in a list of business excellence published by the European Business Awards, one of world’s largest and longest running business competitions.

Capita announces it has entered a partnership with UiPath, the world’s leading Robotic Process Automation (RPA) software provider. As Capita’s preferred provider of RPA technology, UiPath will support Capita as it strengthens its digital capabilities.

Broadway Technology, a leading provider of high-performance fixed income and foreign exchange front-office solutions, today announced record results for 2018 and continued momentum in 2019. The company recorded an impressive 42% year-over-year revenue increase in 2018, led by ongoing expansion into global fixed income and foreign exchange markets and the addition of cryptocurrency as a supported asset class.

In 2018, Money20/20 launched its first China show in Hangzhou, the birthplace of Alibaba and Ant Financial!  

We brought together more than 2000 professionals from 53 counties, built bridges for partnerships that wouldn’t have been possible otherwise, and created in-depth discussions on burning topics for Chinese and international audiences.   

StormGain, the crypto trading platform with zero commissions and user-friendly user interface and features, like the purchase of Bitcoin for 1% of its value, is now the official sponsor for Newcastle United, The English Premier League FC.

Enova International, a leading financial technology and analytics company offering consumer and small business loans and financing, today announced financial results for the quarter ended June 30, 2019.

Worldline, the European market leader in payment and transaction services, has been selected as a partner of the European Union-funded project HELIOS. By providing its expertise in the areas of system and privacy security and rewarding functionalities, Worldline is in the core of what is expected to become a truly European social network.