In the past two years, Moody’s Analytics has acquired four vendors that the ratings specialist hopes to integrate for ESG offerings in a crowded market.
A summary of some of the past week’s financial technology news.
Vendors don’t release new products or updates without putting their software through rigorous testing. What does that testing involve, and what different approaches do companies employ? Max Bowie finds out.
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.
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 company is considering a full move to virtual-working solutions after investing in remote access for brokers and other staff during the Covid-19 pandemic..
Covid-enforced remote working creates new threats and vulnerabilities for bad actors to exploit, say cyber experts
Software testing and monitoring keeps market infrastructure a step ahead amid market volatility.
The Swiss bank’s A3 system offers a blueprint for remote working as the industry looks to life beyond coronavirus.
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.
Consultation on new rules is set to close on April 3, but regulators are reviewing deadlines as firms are under pressure due to the coronavirus.
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 firm sees benefits of making data available on the platform, which already hosts risk and P&L functions, as well as settlement and reporting applications.
These specialists are touting services for monitoring third parties amid tougher rules on outsourcing risk.
A look at how regulators could approach supervising public cloud companies in the future.
As all FCA-regulated firms will fall into scope of the Senior Managers and Certification Regime by the end of the year, concerns emerge on how to implement the regulation.
As the regulator looks at new ways to handle data, there are still a lot of paths to consider.
While the large-scale exchange mergers of yesteryear may be over for now, regional bourses are still finding themselves in the M&A crosshairs. Yet for those operators that pick up smaller rivals, technology and data integration often prove to be trickier…
Banks are trying to split responsibility for their operating environments with the major cloud providers. Regulators are having none of it.
If you want the definition of a circular argument, talk to anyone involved with clearing about resilience and recovery. But more pernicious risks remain unaddressed.
UK regulator warns of firms' inability to manage system failures and cyber attacks as reports in incidents are on the rise.
The integration enables VMware's clients to tap into its services on Amazon's cloud using a private connection at multiple global locations.
As IT systems are buckling under the pressure of modern day trading volumes and regulatory requirements, some firms are turning to AI to predict and minimize outages.