Technology will be key differentiator in risk management according to new Aite Group study
- 4 years 7 months ago
- Risk Management
Digitalisation of risk technology will be a pivotal factor in the monitoring and management of risk during increasingly common periods of volatility and continuing market uncertainty, according to findings by Aite Group, a global research and advisory firm, and Torstone Technology, a leading provider of post-trade processing and risk management.
Wolters Kluwer Delivers Risk Mitigation Technology Solution to Navigate CARES Act Loan Complexities
- 4 years 7 months ago
- Security and Compliance, Risk Management
Wolters Kluwer Lien Solutions has responded to urgent client needs and established a technology solution specifically designed to help U.S. lenders navigate the influx of business loan applications, and associated compliance and risk mitigation requirements, resulting from the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
State Street To Provide Central Banks With PriceStats Inflation Indicators to Assess Economic Impact of COVID-19 Pandemic
- 4 years 7 months ago
- Covid-19, Investment Management, Risk Management
State Street Corporation (NYSE:STT) today announced that it will offer its State Street PriceStats Series, a comprehensive suite of indicators to monitor trends in retailer pricing and consumer demand in 22 countries, to central banks around the world at no cost. The announcement comes following an influx of inquiries from central banks as they seek to mitigate the negative economic effects of the pandemic.
Financial Services Firms Spend $180.9 Billion on Financial Crime Compliance, According to LexisNexis Risk Solutions Global Study
- 4 years 7 months ago
- Security and Compliance, Risk Management
Today, LexisNexis® Risk Solutions released its True Cost of Financial Crime Compliance Global Report, which provides global industry-driven insights for financial services firms across the Asia Pacific (APAC) region, Europe, the Middle East and Africa (EMEA), Latin America (LATAM) (including Mexico) and the U.S. and Canada. The report reveals that the projected total cost of financial crime compliance in these markets amounts to $180.9 billion.
Wolters Kluwer and Vizor Software Announce Regulatory Reporting Partnership for Singapore Market
- 4 years 8 months ago
- Security and Compliance, Risk Management
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business and Vizor Software, today announced a partnership for the Singapore market that will increase the quality of regulatory reporting while reducing the time and effort required in regulatory compliance.
Eventus Systems rapidly expands market coverage, now actively surveilling 100+ venues globally
- 4 years 8 months ago
- Risk Management
Eventus Systems, Inc., a multi-award winning global trade surveillance and risk management software platform provider, today announced that its Validus platform is now actively surveilling activity for clients on more than 100 exchanges and trading venues around the world. The global coverage spans a diverse range of asset classes, with 10 new markets – eight of them European – added in the first quarter alone.
Aire opens up insight service to help lenders keep pace with financial uncertainty
- 4 years 8 months ago
- Risk Management, Wealth Management
Aire, the credit insight service, today announced that it is offering free access to its range of real-time credit information services for a period of three months, to help lenders identify and engage with struggling consumers during the unfolding Coronavirus crisis.
BITA Risk wins Best Compliance Solution at Family Wealth Report Award in New York
- 4 years 8 months ago
- Risk Management, Wealth Management
BITA Risk part of corfinancial, a leading provider of specialist software and services to the financial services sector, announces today that it has triumphed at the Seventh Annual Family Wealth Report Awards, winning the prestigious Best Compliance Solution Award.
Wolters Kluwer Grows Minnesota Staff by 25%
- 4 years 8 months ago
- Security and Compliance, Risk Management
Global technology solutions provider Wolters Kluwer has been quietly expanding its Minnesotan HQ for its award winning Compliance Solutions business and other businesses that sit within its Governance, Risk & Compliance (GRC) Division, growing staff numbers by 25% compared with 2017. Wolters Kluwer now has 717 staff working in Minnesota, nearly a 25 percent increase from 575 full time employees in 2017, a figure confirmed by the GRC Division... more
Washington Trust Bank Expands Partnership to Baker Hill NextGen
- 4 years 9 months ago
- Investment Management, Risk Management, Alternative Finance
Baker Hill, the leading financial technology provider in delivering solutions for common loan origination, risk and relationship management, CECL, and smart data analytics, today announces a renewed partnership with Washington Trust Bank. Washington Trust Bank will be migrating to Baker Hill NextGen®, Baker Hill’s unified solution that streamlines loan origination and portfolio risk management for commercial, small business and consumer lending.
Wolters Kluwer Wins FinTech Awards for OneSumX CPM for Regulatory Change Management and Operational Risk
- 4 years 9 months ago
- Risk Management, Security
Wolters Kluwer’s Compliance Program Management (CPM) business has won two major awards for its OneSumX CPM for Regulatory Change Management and OneSumX CPM for Operational Risk software, winning “Solution of the Year” accolades in Finance Monthly magazine’s hotly contested FinTech Awards 2020. Finance Monthly is a global publication from the Universal Media stable, providing news, comment and analysis, distributed to more than 195,000 people... more
Wolters Kluwer’s Governance, Risk & Compliance Division Voted Global Employer of the Year for Financial Technology
- 4 years 9 months ago
- Risk Management
Wolters Kluwer’s Governance, Risk & Compliance (GRC) division has won three major accolades, recognizing it as a “Global Employer of the Year”. The awards, all decided by independent editorial panels, “celebrate Wolters Kluwer GRC as an employer that values it’s staff, recognizes and promotes talent from within and fosters a collaborative and high-performing culture,” according to a statement from the company.
AcadiaSoft and Clarus Team on Initial Margin Analytics Service
- 4 years 10 months ago
- Risk Management, Wholesale Banking
AcadiaSoft Inc., the leading industry provider of risk and collateral management services for the non-cleared derivatives community, today announced it will launch a joint initial margin analytics service with Clarus Financial Technology (FT). The service, enabled by AcadiaSoft’s Access application (part of AcadiaPlus), allows Clarus FT to provide clients with margin analytics, calculations and modeling for non-cleared Initial Margin (IM).
LexisNexis Risk Solutions secures win for Best FinTech/RegTech Firm at The Compliance Register Platinum Awards
- 5 years 1 day ago
- Risk Management
LexisNexis® Risk Solutions, the global information solutions provider, has won Best FinTech/RegTech Firm at The Compliance Register Platinum Awards 2019. It was also the runner up in two further categories; Best Regtech Firm in Financial Crime and Sanctions Compliance award and Best RegTech Firm in Crime Intelligence Data.
KRM22 announces Market Risk solution for the Global Risk Platform
- 5 years 2 weeks ago
- Platform Technology, Risk Management
KRM22, a global leader in delivering Enterprise, Regulatory and Market Risk Management solutions for capital markets companies, has announced the availability of its Market Risk solution on its SaaS-based Global Risk Platform.
