Technologies meant to detect and stop financial crime may add more headaches than they relieve. Others say that the best tech can't overcome how bankers use these tools. The AML dilemma likely falls somewhere in the middle.
As Europe prepares for a new batch of outsourcing rules, some firms are looking for answers on how to test exit strategies and mitigate concentration risk.
Veteran analyst Virginie O’Shea’s new business turns its attention to the ‘soul-destroying’ realm of corporate actions, which is weighed down by inefficiencies, manual processes, and lack of standards.
The software company aims to help banks' and financial institutions achieve higher ESG ratings.
Jo writes that the EU’s new digital package could find large cloud providers operating in the bloc subject to potentially invasive oversight, as the EU strives for “data sovereignty”.
The Derivatives Service Bureau is looking for new members on its technical advisory committee, after its designation as the UPI service provider.
ISITC's Lisa Iagatta explains why the industry will need to come together to tackle new challenges facing the world of operations.
The open-source nonprofit is looking to leverage its capital markets membership to expand its footprint.
The central bank's report on the future of post trade will face the same competitive interests that have hindered previous attempts at eliminating inefficiencies and bringing automation to the back office.
Driven by common industry pain points and unforeseen complications, capital markets firms have begun using open-source technology more widely.
The regulator is consulting on outsourcing contract guidance that would give firms and supervisors access to the books and premises of providers.
Private network limitations and variable internet connectivity have challenged operational resiliency and business continuity plans.
Unlike in past financial crises, ESG is taking center stage as social and governance data is directly relevant to all companies weathering the coronavirus pandemic. That makes the holes in that data, which still remain, all the more apparent.
A look at some of the key 'people moves' from this week including Greg Ruppert (pictured) who joins Finra as executive vice president.
A look at some of the key People Moves from this week.
Professor Jay Finkelman says that the most successful firms take a three-pronged approach to workplace transformation.
UK regulators have proposed new laws to clamp down on operational resilience and third-party risk, pushing fintechs to put some skin in the game.
The CCPA came into force on Jan 1, and while it exempts some consumer data from its scope, firms that have business data on state residents will be pulled in.
The trade association is looking to offer its Common Domain Model to rulemakers.
As increased regulatory reporting obligations add to the pressure financial institutions are under to manage intraday liquidity, centralizing siloed legacy systems into a single automated solution can offer an enterprise-wide, real-time view of liquidity…
A look at some the key "people moves" from last week, including Mike Hill (pictured), who joins Compliance.ai.
In addition to expanding into cyber risk, the company plans to enhance its focus on ESG and ultimate beneficial ownership (UBO) data.
A look at some of the key "people moves" over the last week, including Ryan Gwin (pictured), who joins MarketAxess.