Through Finos, a project that started internally to help Citi get a better handle on its cloud controls now includes the likes of Goldman Sachs, Morgan Stanley, RBC, BMO and LSEG.
Lawmakers and vendors are set to usher in an era of mutualized data insights. Are banks ready?
The planned cyber resilience regime will force dealers to subject “critical” tech vendors to stricter audits.
Amazon, Google, IBM and Microsoft aren't just cloud providers anymore—and their tentacles are going to spread deep into trading systems going forward.
A look at the past month’s people moves within the tech and data space, including Benze Lam (pictured), who becomes Northern Trust’s Hong Kong head.
Barron-DiCamillo also urges regulators to work with industry best practice, not against it
The New York-based market data company has filed a complaint against Fidessa for failing to honor its agreement to invest up to $6.25 million into the business.
In the wake of the Ion hack, regulators are pushing for firms to beef up their cyber defenses. Anthony says that they'll need to mind their words and tread carefully, as cloud, machine learning and open source take off.
As cyber criminals grow more sophisticated, and regulators bear down on banks and their third parties, there are three steps firms can take today to boost their resilience to cyber threats, says Jason Harrell of the DTCC
The regulator’s proposals would require breach notifications, public disclosures and annual cyber assessments.
The software firm escaped heavy scrutiny ahead of its cyber attack, says a US Treasury official.
Clients have been left in the dark about the ransomware attack that disrupted futures trading last month.
Advisory committee heard CFTC believed it could “play a more direct role” in cyber security practices
Banks are examining service-level agreements for possible breaches
A Google exec and a Stevens Institute director lay out the potential and the pitfalls of this emerging cloud computing technology for data protection.
Some clients are now using Ion systems again, but synchronizing data with CCPs could take days.
ABN Amro, Macquarie, RBC among firms hit; ransom deadline tomorrow, but service may be down for days
Brokers say there are signs pressure is easing, but quantum hacking threat could transform market
FSB working group chair advocates common reporting framework and taxonomy
Industry veterans says there’s a dearth of market data management talent in the lower ranks. Following Max Bowie’s coverage, Anthony explores some other reasons for this brain drain.
While the new rules will eat into financial services resources, regulators say they will also offer safeguards for managing cloud agreements.
Tech giant IBM is targeting security, AI, and portability in the modernization of the mainframe as firms report still retaining “the workhorse of the back office.”
A look at some of the key "people moves" from this week, including Linda Avery (pictured), who joins the EDM Council's board of directors.
Quantum-proof algo standards are nearing completion, but enhanced cryptography won’t come cheap.