BGFI Bank Selects Wolters Kluwer’s OneSumX for Regulatory Reporting
- 7 years 12 months ago
- Compliance, Regulatory Standards, Audit and Reporting
BGFI Bank, the Gabon-based financial services conglomerate, has chosen Wolters Kluwer’s OneSumX to provide its regulatory reporting software for its French and European Banking Authority reporting obligations.
Samsung SDS launches MiFID II-compliant mobile recording solution
- 7 years 12 months ago
- Security, Regulatory Standards
Samsung SDS, a global IT services company, today, unveils Mobile Voice Recording Solution (MVRS) Powered by Samsung SDS EMM, a secure and FCA-compliant communications recording Enterprise Mobility Management (EMM) solution.
Brunel Selects Tagetik for Financial Consolidation and Reporting
- 8 years 9 hours ago
- Audit and Reporting
Tagetik, a visionary leader in global performance management software solutions, today announced that Brunel International NV has successfully implemented Tagetik’s software to meet the global company's financial consolidation and corporate reporting requirements. Brunel, a world leader in staffing and recruiting services, has approximately 11,000 employees and conducts business in 37 countries.
FICO Releases Financial Crime and Compliance Solutions in the Cloud
- 8 years 1 day ago
- Compliance
Leading analytics software firm FICO today announced that its FICO® TONBELLER Compliance Solutions are now available in the FICO® Analytic Cloud. This suite includes highly integrated software modules for anti-money laundering, tax compliance, counter-terrorism financing, Know Your Customer initiatives and business partner due diligence.
Raiffeisen Bank International AG goes live with SmartStream’s Corona Cash & Liquidity solution
- 8 years 2 days ago
- Cash management, Liquidity, Compliance, Regulatory Standards
SmartStream Technologies, the Transaction Lifecycle Management (TLM®) specialist, today announced that Raiffeisen Bank International AG has taken a proactive approach to Basel III and implemented a cash and liquidity reporting solution – to monitor and manage cash positions on an intraday basis, throughout the group.
Accuity Launches Next Generation of Assurance Services
- 8 years 2 days ago
- Compliance
Accuity, the leading global provider of financial crime compliance solutions, is developing the next generation of assurance services with policy management capability to help compliance professionals respond to increased regulatory scrutiny for transparency, traceability and auditability. The new service will provide compliance leaders with oversight, control and assurance over their screening systems, which will support their agile decision... more
Accuity Simplifies KYC with New Ultimate Beneficial Ownership Data
- 8 years 2 days ago
- AML and KYC
Understanding the risk that a financial counterparty represents to a financial institution is critical in deciding whether to continue to do business with an existing counterparty or to form a relationship with a new one. Having sight of the entities and individuals with an owning interest in a bank or financial institution (FI) is essential if they are to avoid dealing with sanctioned entities and comply with new regulations.
Kuflink Integrates Contego’s Multi-Source Identity Verification and Risk-Scoring Platform
- 8 years 2 days ago
- AML and KYC
Contego, the multi-source identity verification and risk-scoring platform, today has been appointed by Kuflink, the peer-to-peer lending platform, where loans are secured against UK based property, to carry out checks on individuals to help ensure compliance with Anti-Money Laundering (AML) regulation. As the P2P and property markets are experiencing ever greater regulatory scrutiny, implementing effective fraud mitigation and risk management is... more
Fiserv Awarded SWIFT Certified Application Label for Reconciliation Accreditation
- 8 years 2 days ago
- Compliance
Fiserv, a leading global provider of financial services technology solutions, announced today that it has been awarded the 2016 SWIFT Certified Application Reconciliation label for its Accurate™ Reconciliation solution for transaction matching, reconciliation and exception management.
EastNets showcases advanced anti-money laundering & terrorist financing solutions at Sibos 2016
- 8 years 3 days ago
- Fraud Detection, Compliance, AML and KYC
EastNets, a leading global provider of compliance, payment and cloud solutions for the financial services industry, will unveil its advanced systems for countering money laundering and terrorist financing at the 2016 SWIFT International Banking Operations Seminar (Sibos), the latest edition of the world’s premier financial services event. The company will highlight its partnership with Dow Jones, the world's most trusted business news and... more
SIX Securities Services: Financial Institutions Look to Outsource Tax Services to Reduce Costs
- 8 years 3 days ago
- Compliance
Research conducted by SIX Securities Services has revealed that as financial institutions become increasingly capital constrained, almost a third (32%) are looking to outsourcing as a way to reduce costs. The research, conducted amongst global and domestic systemically important banks and clearing houses reveals that competitive pressure from disruptive business models is considered the second most significant driver for outsourcing.
GreySpark Partners: MiFID II Research Unbundling Rules to Transform the Investment Research Industry
- 8 years 3 days ago
- Compliance
A new report from GreySpark Partners, a leading global capital markets consulting firm, explores the impact that the second iteration of the EU’s Markets in Financial Instruments Directive (MiFID II) will have on the investment research marketplace – forcing operators to itemise research payments separately from other fees, charges and commissions.
KY3P by IHS Markit joins forces with AITEC and AIMA to Drive Due Diligence Standard
- 8 years 1 week ago
- Security, Compliance
IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced an agreement with AITEC and the Alternative Investment Management Association (AIMA) to strategically strengthen its Know Your Third Party (KY3P) platform. The relationship brings together KY3P’s private cloud, one-to-many platform, with the AITEC-AIMA Illustrative Questionnaire for Due Diligence of Vendor Cyber Security.
Big Four US Banks Tap AxiomSL’s Capital Calculation and Reporting Solutions
- 8 years 1 week ago
- Regulatory Standards, Audit and Reporting
AxiomSL, the leading global provider of regulatory reporting and risk management solutions, announced today that one of the big four US banks has chosen AxiomSL’s capital calculation and reporting solutions for their two European subsidiaries in the UK and Ireland, as well as for their branches in the Netherlands, Switzerland, Luxembourg, Belgium, Germany, Italy, France and Spain.
Luup Opts Contego’s Identity Verification and Fraud Reduction Platform
- 8 years 1 week ago
- AML and KYC
Contego, the multi-source fraud reduction platform, today announced that Luup, a leading provider of merchant services for internet and e-commerce businesses, specialising in cross-border payments, has selected Contego’s platform to carry out checks on companies and individuals based in the UK, Europe and North America to help ensure compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements.
