Risk Management Systems Insights
26th January 2021
Each year, we ask the market to vote for those fintechs they believe stand out from the competition – those who have gone the extra mile in terms of development and servicing their clients. As well as sector specific categories, we ask the market to suggest those organisations that have demonstrated business attributes that have set them... read more
15th January 2021
Regulators issued fresh warnings on investing in cryptocurrencies after Bitcoin skyrocketed to a new all-time high last week.
The UK’s Financial Conduct Authority (FCA) cautioned consumers about the high risks involved in investing in cryptocurrencies.
“Investing in cryptoassets, or investments and lending linked to them,... read more
5th January 2021
The rise of anti-money laundering (AML) related fines over the past few years shows regulators are homed in on tackling the problem, but current supervisory regimes lack efficiency when it comes to tackling the amount of fraud, according to market participants.
“Banks spend billions on their compliance plan, and then they get fined on... read more
18th December 2020
Challenger banks are still an “afterthought” in financial services regulation ten years after the first one appeared, according to a report on Diversity of Banking Institutions.
“Conditions for start-ups in the UK are good but it is difficult for them to scale in a way where they can challenge established institutions,”... read more
16th December 2020
ESG investments are growing fast, supported by regulatory initiatives and increasing interest in sustainability issues. The pandemic-induced crisis has further highlighted the importance of business models with solid ESG factors to address the changes taking place.
Our sample (based on Assogestioni, Morningstar, Refinitiv and mutual funds... read more
16th December 2020
The institutional investment management industry worldwide is moving deeper into the 24/7/365 digital operating environment. Most of the largest asset management firms are in advanced phases of their digital transition; while medium and smaller firms are still plotting their digital roadmap or beginning their journey. All roads lead to a full... read more
16th December 2020
It’s the most wonderful time of the year!
Well, except for the accounting community struggling with the year-end close.
Most of the stress and frustration around closing the books is generated by unfit tools and the organisation of the process. Managing period-end close in accounting has several distinct challenges every F&A... read more
15th December 2020
There has been a growing number of cyberattacks against ATMS and central servers, which are the systems that control ATMs. This pressing threat has resulted in the theft of personal data, such as account numbers and pin codes.
However, these types of attacks still require further actions to convert the data into money, so a simpler effort for... read more
14th December 2020
The emerging cloud technologies offer numerous benefits over traditional on-premises deployments. While the rate of cloud adoption in the financial industry was initially slow, banks and asset managers are now embracing cloud technologies and moving their enterprise application to the cloud. This article details the experience of one vendor,... read more
7th December 2020
Long the bastion of cash and liquidity management, bank treasury teams do far more than position-keeping. Real-time risk management, operations, payments, and financial risk management are rolled into the business function. Over the past few years, market-leading software has become key to overseeing the risk and reward of each process, and so... read more