Rate-fixing scandals, rogue traders and regulatory breaches – these are all potentially devastating threats to the reputation and bottom line of a bank or trading institution.

Each on its own is a good enough reason for any organisation operating in the markets to ensure that risk management is as taut and well-tuned as possible. The alternative is to court disaster through exposure to massive losses, drawn-out investigations and crippling fines.

 National ITMX Co. Ltd (NITMX), Thailand’s main interbank payments provider and VocaLink, the UK-based international payment systems provider are delighted to announce their joint study into potential collaboration to develop mobile payments in Thailand.

 Accuity, the leading global provider of Payments, KYC, Risk and Compliance solutions has partnered with China Systems, the leading trade finance solutions vendor, integrating Accuity’s Compliance Link solution with China Systems’Eximbills Trade Processing Platform to create  a SWIFT certified Trade and Supply Chain Finance product providing seamless compliance checks for trade finance transactions.

Misys, the leading financial software company, is working with banks across Asia to meet increasing demand for its FusionBanking solutions – 24% growth in the past two years driven by core banking transformation projects, digitial banking demand, and pan-regional processing initiatives by banks in trade finance and lending.

As an early adopter of SWIFT’s MyStandards and Readiness Portal, Citi is helping its institutional clients go to market faster with streamlined testing that reduce implementation risk and costs.

Soltra™, a joint venture of FS-ISAC and The Depository Trust & Clearing Corporation (DTCC), today announced plans to launch the Soltra Network, a new network offering designed to connect cyber threat intelligence sharing across intelligence producers, intelligence consumers, communities and cyber security tools.

AxiomSL, the global leader of regulatory reporting and risk management solutions, announced today that Bank of China Singapore Branch (BOCSG), the premier bank for RMB service in Singapore, will deploy the AxiomSL liquidity solution to meet the Monetary Authority of Singapore (MAS) 649 liquidity reporting requirements for its Singapore operations.

SETL, the institutional payment and settlement infrastructure based on blockchain technology, has today announced that it has established a test network which has broken the 1 billion transactions-per-day capacity barrier for blockchain movements.

 SunGard’s solutions for corporate actions processing, corporate payments, reconciliations, have secured the 2015SWIFT Certified Application labels, demonstrating that they successfully meet defined requirements around SWIFT standards. The SunGard solutions and platforms that have been granted SWIFT accreditation help ensure increased transparency and process optimization across the financial services industry. The solutions awarded 2015 SWIFT accreditations include:

Agricultural Bank of China (ABC) and Sopra Banking Software – a global leader in software, integration, support and advisory services – have collaborated in building the information system for the new bank Banque Sino-Congolaise pour l’Afrique, which offers a complete range of retail banking and corporate finance services.