Risk Management Systems Insights

TradeTech Architecture - ‘Everyone needs to reach the finishing line at the same time’

TradeTech Architecture - ‘Everyone needs to reach the finishing line at the same time’

10th October 2011

Company: bobsguide
Landmines and automated mice are not necessarily the first things to spring to mind when contemplating the landscape of global trading - but they were part of the picture painted during the opening address at the TradeTech Architecture event held on 5 and 6 October in London. Chris Skinner, chairman of the Financial Services Club (FSC) and chair of... read more
/images/news/44637.jpg

Facing the challenges: How regulation and technology are shaping the future of banking services

7th October 2011

Company: Pegasystems
By Reetu Khosla, global director, Financial Crime, Risk and Compliance Solutions, Pegasystems Sibos 2011 offered an insight into the biggest challenges facing financial services providers. Regulation, mitigating risk and economic uncertainty were among the main themes of discussion at the conference. Indeed, at a time when banks are struggling to... read more
Improving business continuity for global financial stability

Improving business continuity for global financial stability

22nd September 2011

By Koji Nose, senior consultant, financial technology solution division, ERM project department, Nomura Research Institute (NRI). A sudden natural disaster or an unpredicted geopolitical event has come close to disrupting the way the global financial markets operate too many times. Whether it is an earthquake and tsunami, such as Japan experienced... read more
Why collateral management has become the new buzzword

Why collateral management has become the new buzzword

22nd September 2011

Company: ActiveViam
Allen Whipple, US director, Quartet FS. Collateral sufficiency is a well established risk management process but has become a growing concern for the financial community in recent years. Thanks to regulatory initiatives, as well as the increasing complexity arising from the large and ever-growing volumes of collateralised deals, banks need a... read more
The path to payments efficiency: payment factories

The path to payments efficiency: payment factories

22nd September 2011

Alex Wong, solutions consultant, GTS at Bank of America Merrill LynchPayment factories - though not a new invention - are still surprisingly rare. However, their importance on the strategic value creation chain is undoubted. The step itself of realising a treasury function is the most challenging due to the time, resources and investment needed by... read more
Sibos 2011 - Financial services need the “right medicine”

Sibos 2011 - Financial services need the “right medicine”

22nd September 2011

Company: bobsguide
Day three at Sibos and the advantage of opting for footwear other than high heels is becoming increasingly obvious. It’s quite a walk from the north building, where the large plenary sessions are held, down to the guts of the south building and the hubbub of the exhibition hall. That familiar word of ‘regulation’ was again being thrown... read more
Improving data through automation

Improving data through automation

22nd September 2011

Company: Omgeo
By Mark Bouchea, executive director of Product Management, OmgeoWith increased pressure for transparency and less tolerance for risk from regulators and investors alike, banks need to ensure that all of the information pertinent to completing their clients’ trades is accurate at all times. One area where custodian banks are becoming increasingly... read more
Sibos 2011 - The devil is in the regulatory detail

Sibos 2011 - The devil is in the regulatory detail

21st September 2011

Company: bobsguide
“We’ve learned that what is extreme is much more plausible. And what is plausible is much more extreme.” (Lawrence Sweet, senior vice-president at the Federal Reserve Bank of New York) Regulation and its impact on the global financial services industry was a key topic as tongues at Sibos 2011 continued to wag well into the second day. Much... read more
SWIFT for Corporates 2020

SWIFT for Corporates 2020

21st September 2011

By Eric Campbellchief technology officerBottomline TechnologiesTen years ago, SWIFT announced the availability of corporate access to its network. However, joining SWIFT was often seen as a challenging project, not for the faint of heart, which required outside expertise. Plus, the process was often disjointed, complex and slow. How much of this... read more
/images/news/44301.JPG

Taking on the modern day financial criminal: How banks are fighting back

21st September 2011

Company: Fiserv
by Erik Stein, vice-president, Financial Crime Risk Management Solutions, FiservFinancial crime is at an all time high and regulators are increasing the pressure on financial institutions to take more preventive measures. To mitigate loss, improve customer service and soothe regulators, financial institutions need to re-think their strategy for... read more