Chris Collins, Risk & Regulations at CGI

Managing financial crime, anti-money laundering and operational risk – working together

Today's digital world of multi-dimensional organized criminal threats ruthlessly exposes the weak points in any financial institutions Anti-FinancialCrime (AFC) defences. Criminals are long gone usually before you even realize you are a victim.  The challenge is how to more proactively defend against these new threats.

 Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, has been named among the 2017 FORTUNE Magazine “World’s Most Admired Companies^®”.

Oxygen Finance Ltd (“Oxygen”), the leading early payment provider, has today (16 February) announced the acquisition of Satago, the all-in-one, on-demand cash flow finance solution for SMEs.

The transaction will see the two businesses working together to offer comprehensive early payment, finance and cash flow solutions for both large buying organisations and suppliers of all sizes, including small and medium-sized enterprises (SMEs).

NYMBUS Inc., a provider of the world’s most current mission-critical core banking technology, today announced Kaiperm Diablo Federal Credit Union has selected NYMBUS SmartCore to enable growth and differentiation. With NYMBUS SmartCore, a full holistic core banking platform, Kaiperm Diablo will be able to modernize the digital customer experience for its members in Northern California, while streamlining back-end operations and processes.

 AxiomSL, the global provider of regulatory reporting and risk management solutions, announced today that Fifth Third Bank, a top 20 US commercial banking organization, will deploy the AxiomSL data-driven platform to meet the requirements for its analytical and regulatory reporting needs. The regulations covered will include U.S. Liquidity calculations (LCR), CCAR requirements and other required Federal Reserve reporting.

ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that it has been named a member of the “World Finance 100” in recognition of its excellence in the field of banking solutions.

Hank Uberoi, Chief Executive Officer, Earthport

Crystal ball gazing is – ironically – an unpredictable business. If we consider that 2016 was one of the most disruptive years on record, with so many different factors influencing financial markets, geopolitics, business and social order, it is no surprise that the cross-border payments industry was also in a state of constant flux.

An interview with Pamela Pecs Cytron, CEO – Pendo Systems, Inc.

Financial IT: Pendo extracts and orders unstructured information from PDFs and other documents, and then presents that information in a single, harmonized, way. Further, Pendo does this for large and complex financial institutions – which tend to hold key data in separated silos. Can you give specific examples of what you do, without exposing the sensitive details?

Interview with Rivi Varghese, CEO at CustomerXPs

Financial IT: Rivi, please tell us a little about CustomerXPs