Recent

The old rules no longer apply: Risk management and regulatory reporting in the cloud
cloud industry cloud technologies finance new applications

The old rules no longer apply: Risk management and regulatory reporting in the cloud

Deploying new applications on the cloud is now the default. The question is not if applications should be built in the cloud or existing workloads should be migrated, but how fast can financial institutions (FIs) remove traditional IT constraints in the age of digitalisation. In the race to innovate, FIs […]

FCA working with HM Treasury to finalise rules on SM&CR extension
Compliance data strategy Emerging Technology Fintech Regulation

FCA working with HM Treasury to finalise rules on SM&CR extension

The Financial Conduct Authority is working with HM Treasury to publish its final rules on the extension to the Senior Managers and Certification Regime (SM&CR). SM&CR was initially introduced by the FCA in 2016, with a goal of lowering harm to consumers and boosting market integrity. The regulation encourages a […]

Major Storm Clouds On The Digital Banking Horizon
banking platform business development Digital transformation financial services global markets Innovation News strategy

Major Storm Clouds On The Digital Banking Horizon

All of the major trends and predictions move traditional banking organizations towards the ultimate goal of digital transformation. The need to ‘become digital’ is not a matter of ‘if’, but ‘when’. The challenge is that, while the consumer expects the banking industry to follow the lead of technology and fintech […]

Voya Launches Human-Tech Hybrid Investing Platform
application Compliance data protection finance Fintech new technology Regulation risk tolerance

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, […]

European Supervisory Authorities calls for improved clarity on cross-border activities
finance financial research financial services industry Fintech Regulation retail banking

European Supervisory Authorities calls for improved clarity on cross-border activities

The Joint Committee of the European Supervisory Authorities (ESAs) calls for more clarity on activities carried out through digital means, in the new report. In a new report on the cross-border supervision of retail financial services, the ESAs has identified the main issues national competent authorities (NCAs) face with supervising […]

IOWA.rocks adds specialist fuel data from Numerco
data analytics

IOWA.rocks adds specialist fuel data from Numerco

rocks signs content distributor deal with Numerco Fast and highly cost-effective access to Nuclear and Marine Distillate DMA Fuels content* Delivering unrivalled choice and flexibility for the energy and commodities industry Tuesday 9th July 2019.  London – IOWA.rocks, the new financial data marketplace announces groundbreaking content distribution partnership with Numerco, […]

3di brings Unmatched View of Data Services to Financial Institutions with new Alternative Data Module
data analytics

3di brings Unmatched View of Data Services to Financial Institutions with new Alternative Data Module

Buy- and sell-side firms including hedge funds, wealth managers, private banks and investment banks to benefit from enhanced alternative data coverage for improved investment edge. 9 July 2019 – 3d innovations (3di), a data management software and services company, today announced the launch of a new enhanced version of Profiler, […]

Few UK firms are cyber insured despite financial losses
business business development Capital market cybersecurity data strategy

Few UK firms are cyber insured despite financial losses

More than one-fifth of UK firms have been impacted financially by cyber attacks, yet potentially more than three-quarters of companies polled have never been insured for cyber-related losses  Some 22% of UK businesses have suffered a cyber attack that has cost them financially, according to a survey of more than […]

Swift to test real-time cross border payments in Europe
banking platform business development Capital market digital approach Emerging Technology financial services industry

Swift to test real-time cross border payments in Europe

Banks from France, Germany, Italy, Luxembourg, Russia and Spain have joined with Swift to test real-time gpi cross-border payments through the Eurosystem’s Target Instant Payment Settlement (Tips). While payment messages cross the Swift network in real-time, the settlement and receipt of funds in the beneficiary account can lag by several […]