Insurance Systems Insights


Are cross-border payment services fit for purpose?

1st November 2011

Company: Earthport plc
By Neil Burton, director of Product Service Strategy, Earthport plcCross-border payments has become a hot topic - albeit gradually, so few people have noticed. While the press spotlight tends to focus on credit and debt, the banking industry simply would not function without its ‘underground pipework’. Transaction banking success, as with... read more

Six stages to a robust operational risk framework

20th September 2011

Company: Wolters Kluwer
Prior to the financial crisis, very few institutions were able to look at their overall risk profile holistically and truly understand the impact strategic decisions would have on the overall organisation. In most cases, these decisions were made based on single lines of business, operating entities, products, geographies or risk factors.... read more
Basel III: a burden or an opportunity?

Basel III: a burden or an opportunity?

19th September 2011

Company: Wolters Kluwer
Bart Vandekerckhove, business analyst, Product Strategy, FinArch IntroductionCurrently, influential leaders of financial institutions, technology vendors, market infrastructures and multinational corporations are meeting at the 25th edition of the Sibos Conference held at Toronto. Basel III will most likely be the talk of the day. With the rules... read more

Anticipating the future of money management

9th September 2011

Company: FIS
By David Hamilton, president of SunGard's banking businessIntroduction: an internal focusThe impact of the financial crisis has been well documented and most are aware of government buy-outs, investor dismay at the industry’s mismanagement of finances, and the resulting loss of credibility and mistrust from the wider consumer world. However, a ... read more
Managing spreadsheet risk in financial services

Managing spreadsheet risk in financial services

15th August 2011

Company: ClusterSeven
By Ralph Baxter, CEO, ClusterSevenTransparency, control and validation of critical business data is an increasingly serious concern for the financial services sector. Banks, insurance companies and actuarial firms are facing up to the fact that they need to tackle the data risk issue as a matter of urgency. However, a major part of this challenge... read more

Entity data - a key component in understanding risk and identifying exposure

2nd August 2011

by Darren Marsh, business manager, Risk Management & Compliance Services, Interactive DataSingle name exposure or ‘issuer risk’ is the exposure to a single name issuer or group of issuers by virtue of the securities held in an investment portfolio or fund. Understanding single name exposure is an essential component of the risk management... read more
Thomson Reuters - Tackling the liquidity challenge

Thomson Reuters - Tackling the liquidity challenge

25th February 2011

Company: Refinitiv
By Stephen Wilson, Global head of exchange traded instruments, Thomson ReutersWe all know that traders need liquidity and their only thought is how to get their order done with minimal market impact - i.e. not showing their hand to the rest of the market. However, it is getting increasingly difficult for them to do so. Stephen Wilson, global head... read more

Future IT for future-proof banking

3rd November 2010

Company: CGI
By David King, chief technology officer, LogicaThe information-centric nature of financial services could see it become one of the largest adopters of cloud services. But there are still many factors institutions need to consider, such as which services to move to the cloud, the benefits of the different types of cloud and how they fit into the... read more
Solvency II also offers opportunities for value creation

Solvency II also offers opportunities for value creation

2nd November 2010

Company: Capgemini
By José Kuizinga-van Burik, senior business consultantJeroen Kriele, managing consultant, CapgeminiGiven the combination of investments required to become Solvency II-compliant and the associated time pressure, the obvious short-term approach would be to focus exclusively on compliance. But in a wider perspective Solvency II also offers many... read more
The race is on to prepare for Solvency II

The race is on to prepare for Solvency II

21st May 2010

Company: Capgemini
By Vincent Pit, European Leader, Compliance and Risk Management, Capgemini.The deadline for Solvency II, the set of new European Union wide rules bringing into force new capital adequacy and risk management requirements for insurers, is fast approaching and the insurance industry faces a major task in preparing for these rule changes. Many insurers... read more