A large portion of the market is yet to choose systems for Securities Financing Transactions Regulations (SFTR) compliance due to uneasiness around interpretations of the rules, according to Herve Carrere, director of post-trade product management at Finastra. “We can see that several firms are still in the phase of considering […]
risk tolerance
Give regulators new powers or risk missing net zero, NIC warns
Regulators must be given new powers to ensure utility firms invest in sustainable infrastructure or the UK’s net-zero emissions target is at risk. In a new report, published today (11 October 2020), the National Infrastructure Commission has warned that ministers must move to strengthen power the country’s utility regulators – […]
Ping Identity reveals IPO for the New York Stock Exchange
Ping Identity, an IT security and identity authentication platform, has revealed the initial public offering of its common stock on the New York Stock Exchange under the name PING. The company will issue 12.5 million shares at a price expected to be between $14 and $16 per share. Ping Identity […]
Paychex launches cyber liability product
Paychex has launched cyber liability protection which will help companies with costs from data breaches, hackers, ransomware and banking fraud. The new policy helps businesses mitigate the potential financial impacts of cyberattacks, with access to 24/7 crisis management. Policyholders get protection for potential fines or penalties from state or federal […]
Voya Launches Human-Tech Hybrid Investing Platform
The new tool will bring automated investing to retail wealth management clients, with support from human advisors. Voya Financial Advisors, the retail wealth management arm of Voya Financial, is launching a new digital advice platform to support its advisors and retail clients, according to an announcement. Called Voya Digital Adviser, […]