Data Solutions Insights


Fintech tackles op risk

17th September 2018

Company: bobsguide
Organisations are met with operational risk wherever they turn. On the one hand, they encounter risks relating to employee behaviour, third parties, statistics and controls. On the other, equally important cultural, moral and ethical risks are also causing disruption. And everywhere they look, companies are faced with risks associated with ordinary... read more

New Broadridge CEO: We can help banks create better than any of them could create for themselves

13th September 2018

Company: bobsguide
This week the board of directors at Broadridge announced that Tim Gokey, current president and chief operating officer, will become the company's new chief executive, and Rich Daly, current chief executive, will take on the role of executive chairman of the board. Les Brun, independent chairman of the board becomes lead independent director.... read more

Treasurers make their mark on software decisions

13th September 2018

Company: bobsguide
Downside protection from interest rates and foreign exchange used to be the core focus of treasury departments, but they have increased their presence at the corporate bargaining table – they too, are profit centres. The demands of corporate treasury have now intensified with the digitisation of reporting tools, forecasting and risk analysis.... read more

Starling Bank CIO: "You have to design the software for failure"

11th September 2018

Company: bobsguide
The chief information officer role could not be more crucial than it is now. A role that simultaneously requires the robust upkeep of mission critical IT systems as well as constantly searching out the most innovative technology. For John Mountain, CIO at challenger bank Starling, the way incumbent IT departments operate is vastly different to... read more

Competing with robo-investors: putting the EI in AI

11th September 2018

Artificial Intelligence is advancing at an exponential rate across the globe. In the UK, a Government Industrial Strategy is now in place to ensure its success and China’s government has recently revealed a plan committing the country to becoming the world’s dominant player in AI by 2030. Earlier this month, the Bank of... read more

MiFID II Transaction Reporting: where are we now?

10th September 2018

Company: AutoRek
It has been more than six months since the go-live of MiFID II and for most executing firms transaction reporting has become part and parcel of their operational workflows. For those working on transaction reporting, 2018 will have been a mixture of successes and frustrations. In the first half of this year the market data processor (MDP) has... read more

The Silk-Road in reverse: the QR code comeback in Europe

10th September 2018

Company: TAS Group
It seems a long time ago that QR (Quick-Response) codes were introduced to the world, appearing on everything from boarding passes to business cards. But they might just be coming into their own as a pan-European mobile payment solution, in a big way. In Asia’s emerging markets, consumer habit has largely been informed by the phenomenon of... read more

Thinking differently about data: the new opportunity for banks

3rd September 2018

Company: Finastra
Often described as the ‘new oil’ or even the currency of the digital economy, data is key to the business strategy of every organization. For banks, building an understanding of how to harness the variety, velocity and volumes of data available to them will dictate the difference between success and failure in the very near future. ... read more

Leveraging graph analytics to combat money laundering

31st August 2018

For banks and financial institutions across the world, cracking down on money laundering has never been more critical. Today global money laundering transactions comprise an estimated two to five percent of the global GDP - roughly $1 - 2 trn annually, according to PwC. The costs of non-compliance are high. US Bancorp was fined $613m in February... read more

Chief scientist applies forensic skills to TSB meltdown

30th August 2018

Company: bobsguide
In April 2018, the UK's TSB bank left up to 1.9m customers unable to access accounts, due to a botched system migration that was rushed, inadequately tested with poor internal communication. TSB, previously part of the Lloyds Banking Group was bought in 2015 by Sabadell Bank and was due to migrate to Sabadell's in-house system, Proteo,... read more