New threats, old foibles prompt banks to switch GRC vendors

Op Risk Benchmarking: more than half of participants are reviewing or switching systems

Switching from one software vendor to another can be painful. It can also be unavoidable.

More than half of the participants in a new (a sibling publication of WatersTechnology) survey are now either considering that wrench – or living through it – for their governance, risk and compliance (GRC) systems.

The reasons vary. In one case, a bank chose to upgrade from an in-house system because of the changing nature of the information security (infosec) threats it faces.

“Due to

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Waters Wrap: Examining ASX’s CHESS do-over

The Australian exchange was the first exchange to be all-in on DLT—and the project failed. Anthony speaks with ASX’s Tim Whiteley to discuss the lessons learned and why he thinks the second attempt will succeed.

GenAI and HFT: A competitive edge?

Timing is critical in the capital markets. IBM researchers say genAI’s predictive abilities in combination with AI/ML models can translate into profitable HFT opportunities.

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