National Bonds Selects Fiserv's AML Risk Manager
- 9 years 2 months ago
- Compliance, Regulatory Standards, Infrastructure
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that National Bonds, the leading sharia’a-compliant savings and investments company in the United Arab Emirates, has selected AML Risk Manager for the effective detection, investigation and resolution of financial crimes and to ensure regulatory compliance.
Ardmore & Fintellix Prepare To Enable Smooth Transition
- 9 years 2 months ago
- Regulatory Standards
The Financial Accounting Standards Board (FASB) voted last week to finalize the effective date of its proposed regulations on measuring loan-loss reserves. The sweeping regulations will require a forward-looking “expected loss” (CECL) approach instead of the “incurred loss” approach effective today. For public businesses entities (PBE) that meet the definition of an SEC filer, the final standard will be applicable from December 15, 2018,... more
Hatstand to Launch MiFID II Advisory Service and Control Risk Assessment
- 9 years 2 months ago
- Compliance, Risk Management
In response to the growing regulatory, risk and compliance burden that is being placed on financial institutions, global capital markets specialist, Hatstand announces the launch of its MiFID II Advisory Service and Control Risk Assessment (CRA).
Varonis to Give Rabobank Control Over Data Access
- 9 years 2 months ago
- Compliance, Regulatory Standards, Data
Varonis Systems, Inc. (NASDAQ: VRNS), the leading provider of software solutions for unstructured, human-generated enterprise data, today detailed how its DatAdvantage for Windows and DatAdvantage for SharePointsolutions help
Fidessa's Sentinel Named Best Compliance Product
- 9 years 2 months ago
- Compliance, Infrastructure
Fidessa group plc (LSE: FDSA) today announced that its Sentinel buy-side compliance solution has scooped the top spot for best compliance product for the sixth time at the annual Buy-Side Technology Awards.
Fintellix Launches Singapore Operations
- 9 years 3 months ago
- Compliance, Risk Management
Indian banking Compliance, Risk & Analytics leader Fintellix today announced the inauguration of its Singapore regional office. The development aligns with the company's intent to enable Singapore's discerning banks to 'future-proof' their regulatory compliance with an agile and scalable banking data platform. Fintellix's modern and expansive office is located at Axa Tower (8 Shenton Way) in Singapore's central business district which is in... more
Cordium triumphs at the HFM US Hedge Fund Services Awards
- 9 years 3 months ago
- Compliance, Regulatory Standards
Cordium, a leading global provider of compliance consulting, accounting, tax and software to the financial securities industries, has been named Best Advisory Firm (Regulation and Compliance) at the HFM US Hedge Funds Services Awards. The accolade completes the global set for Cordium following its success at the HFM Asia Fund Services awards where it took the title of Best Advisory Firm (Client Service), having previously been named Best... more
Financial Services Organizations Rethink Regulatory Reporting to Focus on Agility and Value from Data as Costs and Requirements Spiral
- 9 years 3 months ago
- Compliance, Regulatory Standards
The cost and resource burden of regulatory reporting has soared in recent years, and financial firms seek ways to meet deepening data requirements more efficiently and accurately while strategically evolving data architecture to improve performance and drive growth. To address these issues, financial services organizations are rethinking regulatory reporting and compliance as a holistic process and seeking end-to-end automation and governance—... more
Wolters Kluwer to Release the results of its Regulatory & Risk Management Indicator for the U.S. Insurance Industry
- 9 years 3 months ago
- Regulatory Standards, Risk Management
Wolters Kluwer Financial Services today released the results of its Regulatory & Risk Management Indicator for the U.S. insurance industry. The Indicator found insurers over the next 12 months will face competing priorities for resources and time, with cybersecurity preparedness challenging overall regulatory compliance readiness.
SWIFT introduces Entity Plus Directory in response to regulatory reporting on counterparty transactions
- 9 years 3 months ago
- Compliance, Data Management
SWIFT announces the availability of the Entity Plus Directory, introduced to help organisations with their entity data management processes. The tool will help enable compliance with a number of new regulations which require financial institutions to report counterparty transactions, identify entities, calculate risk exposure and cross-reference data. Through Entity Plus, financial institutions can accurately cross-reference multiple... more
Misys launches FusionBanking Payment Insulator as 46% of banks demand greater agility to deal with risk and compliance
- 9 years 3 months ago
- Banking, Compliance, Risk Management
Misys, the leading financial software company, has launched a dedicated payment risk management solution, FusionBanking Payment Insulator, to help banks reduce the risks and costs associated with bank payment infrastructure today. The solution enables financial institutions to gain control and visibility of enterprise payments and deal with the impacts of market events, daily compliance demands, scheme changes and the cost of maintaining ageing... more
China Systems and Accuity partner on trade finance and supply chain solution as 8/10 firms cite compliance and regulatory issues a “chief” obstacle to trade finance”
- 9 years 3 months ago
- Trade Finance, Compliance, Regulatory Standards
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.
BNY Mellon joins SWIFT KYC Registry community
- 9 years 4 months ago
- Compliance
BNY Mellon, a global leader in investment management and investment services, has made the utilization of SWIFT's Know Your Customer (KYC) Registry an integral part of its enhanced client onboarding process.
Institutional Banks Struggle with Cross-Jurisdictional Regulatory Compliance and Entity Data Management
- 9 years 4 months ago
- Compliance, Data Management
Fenergo, the leading provider of Client Lifecycle Management solutions for institutional banks, has today published key findings from new research commissioned from the Aite Group which suggests that financial institutions are struggling to manage regulatory compliance and entity data management obligations across multiple jurisdictions.
Fintellix CXO Briefing to help Vietnam Banks prepare for SBV’s Basel compliance mandate
- 9 years 4 months ago
- Compliance
Increasing global financial connectivity and complexity of financial products have driven central banks and regulatory bodies worldwide to enforce a variety of risk and compliance mandates. A common highlight in most mandates is the emphasis on automation, demand for quality data and building agility for future changes. Meanwhile the SBV has embarked on a Basel journey to establish a stable and stress-free financial ecosystem in Vietnam by... more
