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Pressure rises for small banks to improve liquidity visibility As financial institutions adapt to the pandemic, business continuity planning (BCP) has emerged as a key area of improvement for banks of...
Environment, Social and Governance metrics are here to stay. The ESG investment market has surpassed USD 30 trillion. Governance needs better ways to measure corporate behaviour. ESG metrics mea...
On average it takes at least 2 to 3 years for a fintech company to transition from an initial proposition to being market ready, often at the cost of millions of pounds. In the current COVID environm...
There was a time when banks knew who their competitors were. For the most part they were other banks and financial services providers. Pretty simple. But with technology taking center stage, fintechs ...
Following the financial crisis, bank control authorities (like the FCA in the UK or the FSMA in Belgium) and compliance departments within banks have grown exponentially. As a result, regulatory costs...
No one could have predicted that Wall Street’s top compliance project would go into production during a pandemic. The securities industry is submitting data to the Consolidated Audit Trail, a long-d...
How a Unified Case Management System Can Improve AML Practices In September this year, the ‘FinCEN Files’ – thousands of documents detailing $2 trillion (£1.55tn) of potentially corrupt transaction...
In a battle for significance, no other public facing business document can match the annual financial report. It is the document that a public corporation must, by law, publish to describe its operati...
Regulation – if developed appropriately – can be the catalyst that propels nascent technologies into the mainstream, especially in the complex world of financial services. And the European Commission ...
Information barriers have always been a challenge for organisations to manage, monitor and control. As a result, many firm have historically banned home working and previously only enabled access to f...
Due to time, cost and loss of productivity required to deliver a KYC remediation project, many firms delay activity or avoid the challenge altogether until the regulator comes to call. However, with ...
1230 words, 4:50 min read An Orwellian Dystopia As more and more payments become digital, a key question for payment systems architects is how to preserve the privacy of their users. Without privacy, ...