HSBC
SIX Names New Chairman
Alexandre Zeller, previously CEO of a Swiss unit of HSBC, succeeds Peter Gomez as chairman of SIX, the parent company of SIX Financial Information
HSBC CDO: "Reporting Regs Emphasize Need To Manage Data Throughout Lifecycle"
HSBC's Peter Serenita told delegates at the North American Financial Information Summit that firms need processes for managing data throughout the trade lifecycle in order to comply with the US Commodity Futures Trading Commission's new reporting…
IRD Awards Results
The results of the Inside Reference Data Awards for 2013 were announced at a dinner in New York on May 21
Gu Rejoins HSBC to Head Financial Institutions Group in China
Rani Gu has taken charge of HSBC's global payments and cash management's financial institutions group in China.
2012's Financial Crime Coups Raise Stakes, Anxiety
Global regulation was the year’s obsession, but criminal probes─from rate rigging to rogue trading; sanctions violations to insider bets─won the headlines in 2012. Not every financial crime has a ready tech fix, but with buy-side cornerstones like SAC…
Money Laundering Problems Fuel Support For LEI
The legal entity identifier and hierarchical data can help to prevent anti-money laundering failures like the high-profile cases at HSBC and Standard Chartered, according to data management experts
UBS, HSBC Complete RMB Repo with Euroclear
UBS and HSBC have completed their first cross-border renminbi triparty repo, using Euroclear Bank and the Hong Kong Monetary Authority (HKMA) as collateral agents.
HSBC's Childe: Back-Testing Key to Mitigate Algo Failures
Panelists at the European Trading Architecture Summit (ETAS) yesterday discussed how to mitigate algorithmic trading errors that can cause catastrophic losses, saying that thorough back-testing is crucial to performance stability.
Infrastructure Change Is Good
Upgrading legacy systems is a necessity for buy-side and sell-side firms if they are to maximize revenues and keep up with regulations.
Infographic: Major Bank Fines in 2012
A visualization of some of the largest regulatory penalties levied this year.
New Tech Benchmarks Required After HSBC AML Failure Probe
The US Senate Permanent Subcommittee on Investigations found the bank's monitoring of correspondent relationships and bulk cash transactions wanting. Enterprise-level solutions are required to solve complex anti-money laundering problems.
Chung Takes on New Role at HSBC
Hong Kong-based Michelle Chung has been named regional client relationship manager, Asia-Pacific, in HSBC's global data services unit
FTSE Hires Tech Vets for ESG Services
Index company sets up new unit to build client services for assessing impact of ESG issues.
Shining a Light on Evaluated Pricing
Strapline: Pricing & Valuations
Framing a Client Onboarding Policy
Nicholas Hamilton discovers how global financial institutions manage different client onboarding requirements across jurisdictions and how effective management of the onboarding process can expand business
Ready to Comply?
Strapline: Golden Copy
Ready for Anything
Financial firms’ commitments to service providers who fill operational needs are by necessity usually long-term. As Nicholas Hamilton reports, however, the field is becoming more competitive and some contract flexibility is entering the picture