Risk Management Systems Insights


Incumbent FIs attempt to create agile operations

19th October 2018

Many large, global financial services institutions are facing mounting pressure from new, tech-first competitors. The continued rise of fintech, the emergence of Open Banking and a desire by regulators to promote a more competitive financial services market have all led to real change in the banking industry. Companies which have historically... read more

The buy versus build conundrum in data management

19th October 2018

It is becoming increasingly common for businesses to move away from in-house development and look to third-party vendors to provide data management solutions. The main reasons for this are economics and more predictable ROI, time-to-market and avoiding the risks that come with in-house development. Firms have come to realize that while in-house... read more

Wealth managers face “digital emergency”

18th October 2018

Company: bobsguide
The wealth management industry is struggling with a changing customer demographic in which a new generation of tech-savvy clients have higher expectations of the products and services they receive. That’s according to Gautam Samanta, global head of BFS at NIIT Technologies, the global IT solutions provider.  “The... read more

Corporate cash forecasting: practical advice on how to overcome the key challenges

16th October 2018

Company: CashAnalytics
All large, multinational companies need to have a good cash and liquidity forecasting process. However, cash forecasting can be an extremely challenging task. Companies of all sizes struggle with accounting for unpredictable cashflows and unexpected expenditures in their forecasts (we address these concerns in this article on the power of clean... read more

The back office revolution

15th October 2018

Company: AutoRek
Wherever you look and in whatever industry sector you might be in, some back office functions still appear to be operating in the dark ages. That's a stark opening line, but the reality is that many organisations are still reliant on manual processes and spreadsheets to fulfil their financial and regulatory obligations. In contrast, we do... read more

Magento unveils data-driven payment solution

11th October 2018

Company: bobsguide
Since Adobe acquired the commerce platform, Magento has moved further into the e-commerce market with its newly announced payment and risk management solution. “We were looking for a partner within e-commerce,” said Shantanu Narayen, CEO of Adobe on centre stage at MagentoLive. “We didn't appreciate quite how much... read more

Transforming financial services beyond digital

10th October 2018

Digitization is everywhere – it’s a topic for virtually every industry forum, banks are either committing to ‘digital everything’ strategies, appointing digital banking chiefs or increasing their technology budgets. Some are even launching “digital-only” subsidiaries as a faster way to go digital. Books about... read more

Starling CCO: Service diversification key to success

9th October 2018

Company: bobsguide
Starling has acquired 10,000 business customers and 210,000 current account customers to date, with the TSB crisis reportedly bringing in eight times the number of switches to the digital only bank. That’s in an industry where stickiness and customer profitability is key and where it has never been easier for customers to switch banking... read more

Revolutionising the time cost of money

8th October 2018

Company: Taulia
Across the globe, firms of different shapes and sizes have always struggled with cash and working capital management. Modern businesses – and their finance and treasury departments – constantly aim to effectively manage their debt ratios, with the aim of efficiently using cash as a resource and quickly take advantage of M&A... read more

BofE & FCA call for urgent report of FI cyber risk

4th October 2018

Company: bobsguide
British banks, clearing houses, and payments systems have been asked by the UK’s Bank of England (BoE) and Financial Conduct Authority (FCA) to complete reports on their exposure to, and plans to manage, IT outages and cyberattacks by October 5. “We are seeing an unprecedented amount of change from financial institutions who need to... read more