Payment Institute CM Payments Licenced by De Nederlandsche Bank
- 9 years 7 months ago
- Payments, Compliance
Payment Institute CM Payments has been licenced by De Nederlandsche Bank (DNB) for the execution of payment services. As a result, CM Payments is now an official Payment Institution operating under the supervision of DNB and the first mobile-focussed Payments Institute with a DNB license.
Wolters Kluwer Notifies Banks to Prepare Systems for Plethora of New Global Accounting and Regulatory Frameworks
- 9 years 7 months ago
- Regulatory Standards, Accounting
As deadlines loom for a plethora of new accounting and regulatory frameworks, firms across Europe, Asia Pacific and the Americas must ensure they have the right finance, risk and regulatory reporting management structures and systems in place to meet the challenges ahead.
Dinosaur Merchant Bank Limited Opts for Ancoa Surveillance to Meet MAR
- 9 years 7 months ago
- Compliance
Ancoa, provider of contextual surveillance and insightful analytics for exchanges, regulators, buy & sell-side firms, today announced that Dinosaur Merchant Bank Limited has deployed Ancoa’s surveillance platform to monitor their equity trading activity for instances of market abuse and to meet their obligations under MAR (Market Abuse Regulation). Dinosaur Merchant Bank Limited combines global investment banking and advisory services, a... more
SWIFT’s KYC Registry Crosses 3,000-Member Milestone
- 9 years 7 months ago
- AML and KYC
More than 3,000 financial institutions have signed up to use The Know Your Customer (KYC) Registry, SWIFT’s centralised repository that maintains a standardised set of information about financial institutions required for KYC compliance. Launched in December 2014, The Registry provides a secure, cost-effective KYC solution that enables banks, fund distributors and custodians to maintain and grow their correspondent network. As an industry... more
IPC Boosts Financial Markets Network Including Connexus Platform in Russia
- 9 years 7 months ago
- Compliance, Infrastructure
IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced that it has enhanced its network capabilities in Russia. IPC's points-of-presence (PoPs) in Moscow have been enhanced to support all of IPC's channel solutions including the firm's flagship extranet service, latency sensitive managed Ethernet service and MPLS corporate WAN solution.
EastNets and Dow Jones to Hold Joint Events in London and New York
- 9 years 7 months ago
- Compliance, Regulatory Standards
In November 2016, financial compliance, payment and cloud solutions provider EastNets will be organizing two important international events. The two events will address the evolving rules, regulations and technology affecting compliance in the financial industry. The first is scheduled at London’s Devonshire Terrace, on the 17th of November, and the second will follow on November 22nd at the Byblos restaurant in New York City.
IBM Blockchain Helps FinTechs and Banks Address KYC Challenge
- 9 years 7 months ago
- Blockchain, AML and KYC
Requirements that banks and financial institutions comply with Know Your Customer (KYC) requirements is a global challenge. Blockchain holds potential to help address this need to prove the identity of a person or organization, source of funds, business interests, history and also monitor for changes. During the Singapore FinTech Festival, IBM announced a blockchain project with Singapore fintech startup KYCK! to help enable financial services... more
Mizuho Bank Selects Wolters Kluwer’s OneSumX for Risk and Regulatory Reporting
- 9 years 7 months ago
- Compliance, Regulatory Standards, Audit and Reporting
Mizuho Bank’s Netherlands-based subsidiary has successfully implemented Wolters Kluwer’s OneSumXto provide a solution for risk calculations and multi country regulatory reporting. The leading Japanese bank is already an existing Wolters Kluwer customer across a number of European countries.
Wolters Kluwer to Act as FCA TechSprint Regulatory Reporting Subject Matter Expert
- 9 years 7 months ago
- Compliance, Regulatory Standards, Audit and Reporting
Wolters Kluwer is this week taking part in a TechSprint (sometimes referred to as a “hackathon”) organized by the U.K.’s Financial Conduct Authority (FCA). The event, “Unlocking Regulatory Reporting,” is designed to improve the interface between the regulator and regulated firms, allowing participating firms to discuss the practical uses of RegTech. Notably, the finance, risk and reporting technology vendor will act as the Regulatory Reporting ... more
Vermilion Selected for Private Client Reporting at Redmaybe-Bentley
- 9 years 7 months ago
- Audit and Reporting
Vermilion Software (‘Vermilion’), the leading global supplier of client reporting and communications software, is delighted to announce that award-winning private client investment management firm Redmayne-Bentley LLP has chosen Vermilion Reporting Suite as its prime communications platform.
Fidessa's Sentinel Distinguished as Best Buy-side Compliance Product
- 9 years 7 months ago
- Compliance
Fidessa announced that Sentinel has been voted best buy-side compliance product at the 2016 Buy-side Technology Awards. This is the seventh win for Sentinel at these awards and the third major accolade for Fidessa's buy-side compliance solution in the past twelve months. Designed to recognise the leading technologies and vendors in their area of expertise the Buy-side Technology Awards are underpinned by a robust selection process including the... more
Fidelity Survey Reveals Regulatory and Political Developments Remain Top Concerns
- 9 years 8 months ago
- Compliance
Financial advisors were most concerned about regulatory and political developments in Q3 2016, according to the latest Fidelity® Advisor Investment Pulse study. More than 28 percent of the advisors surveyed said topics such as the Department of Labor’s (DOL) rule on investment advice and the upcoming general election were top-of-mind, a steady increase from nearly 21 percent in Q2 and 16 percent in Q1.
ABLV Bank Opts for Wolters Kluwer’s OneSumX
- 9 years 8 months ago
- Audit and Reporting
ABLV Bank, the Latvia-based private bank, has chosen Wolters Kluwer’s OneSumX to provide its regulatory reporting software for both its Latvian headquarters and its Luxembourg-based subsidiary, including European Banking Authority reporting obligations.
BET Entertainment Technologies Taps Accuity to Strengthen its KYC and AML Compliance Controls
- 9 years 8 months ago
- AML and KYC
BET Entertainment Technologies, a licensed online gambling company based in Portugal, has selected Accuity to boost its KYC (Know Your Customer) and AML (anti money laundering) compliance controls to help it meet new regulation imposed on the Portuguese gambling industry by the local regulator, the SRIJ (Serviços de Regulação e Inspeção de Jogos). BET Entertainment Technologies worked with its partner SSP, a Portuguese company specializing in... more
