Security
Citycom Employs Facial, Object Recognition for Covid Remote Working Security Checks
The new solution can give firms insight into the activities, performance, and health of employees working from home during the Covid-19 outbreak, to monitor for potential risk factors and security breaches.
UBS Head of Tech: How Virtual Desktops Keep Workers Plugged in During the Pandemic
The Swiss bank’s A3 system offers a blueprint for remote working as the industry looks to life beyond coronavirus.
As June Deadline Looms, Broker-Dealers Begin Reporting to the CAT
As CAT reporting activity picks up, error rates have somewhat surprisingly been well below what was expected in the testing and production environments.
Esma Guidelines Call for Full Audits of Cloud Providers
The regulator is consulting on outsourcing contract guidance that would give firms and supervisors access to the books and premises of providers.
Covid Provides RPA a Chance to Shine, but Skeptics Remain
The pandemic has highlighted the need for greater automation, leaving some retail banks to embrace RPA, which could seep into the wholesale capital markets.
Banks Need a Hybrid Approach to Cryptography in Face of Quantum Threat
Execs from Barclays, IBM & Post-Quantum discuss why financial firms have to start preparing today for the future of hacking and quantum computing.
Don't Cut Alt Data Spend, HSBC Data Manager Warns
Slashing budgets will lead to inaccuracies as banks turn to alt data for fraud detection and to monitor customer behavior during the coronavirus crisis.
Banking Regulator: Beef Up Security in Covid-19 Remote Working Era
The OCC security controller warns that cybercriminals are exploiting the wider attack surface created by remote working.
Banks Grapple with VPN Capacity Amid Covid-Induced Network Strain
Private network limitations and variable internet connectivity have challenged operational resiliency and business continuity plans.
Goldman Sachs Revamps Virtualization Infrastructure
The investment bank is leveraging Red Hat's OpenShift technology to better manage its global footprint of virtual machines.
Covid-19 Piles Pressure on Fund Accounting
Fund administrators are dealing with unprecedented volumes of pricing information and exceptions.
Symphony Hires Brad Levy as Chief Revenue Officer, Plans Second Meetings Launch
The former MarkitSERV CEO joins Symphony as the collaboration platform vendor prepares to release a new videoconferencing service by the end of June 2020.
This Week: State Street/Microsoft; Refinitiv/Global Relay; SimCorp/Anima; TSE & More
A summary of some of the past week's financial technology news.
FCA and BoE: Evaluate Your Third Parties
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.
This Week: MEMX; Paxos/Credit Suisse/Instinet; Blue River; CJC/TREP & More
A summary of some of the past week's financial technology news.
SIX Builds Quantum Security for DLT-Based Exchange
The Swiss Exchange is future-proofing SDX with post-quantum encryption, ahead of its full-service launch.
Hedge Funds Use Shopping Center Cameras in Hunt for Alpha
Buy-side firms in search of alternative insights to drive returns are turning to sentiment analysis to fine-tune their strategies.
This Week: Refinitiv/Google Cloud; DTCC; Bloomberg/ MSCI; and more
A summary of some of the past week's financial technology news.
CAT Seeks Approval to Mask Personal Data
The CAT is required to gather personal information, but the CAT NMS committee wants to use a masking method for security.
HSBC Securities Arm ‘Strangles’ Legacy Tech with API Wrapper
The securities services business has embarked on an API strategy to offload its legacy tech and produce better connected products.
Nasdaq Updates Surveillance Offering to Build Trader Profiles to Catch Spoofing
The company is combining different data sources to help users spot market abuse and manipulation.
This Week: Fidelity Digital Asset, State Street, HSBC, Instinet, INTL FCStone, Quantopian
A summary of some of the past week’s financial technology news.
SEI Expanding API Usage to Better Partner with Fintechs
SEI will work with other companies to build third-party applications connecting to its wealth platform.
