Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Orc offers connectivity to Aequitas NEO Exchange

Orc, a trading technology firm, has expanded its coverage of the Canadian markets to include the Aequitas NEO Exchange, a newly launched Canadian stock market.

30 March 2015

Company update/Operational risk

DataArt partners OpsCheck for hedge fund automation

DataArt, a technology consulting firm that creates end-to-end solutions, today announced that it successfully partnered with OpsCheck to develop and launch a Web-based application which helps hedge funds maintain effective operational oversight in an increasingly challenging business and regulatory environment.

11 March 2015

Company update/Operational risk

Banco Santander controls operational risks with NetGuardians

Banco Santander (Suisse) SA has selected NG|Screener, the innovative software solution from NetGuardians, to help them proactively meet requirements in a strict international regulatory environment.

10 February 2015

News/Operational risk

Banks warned on IT risks

EU supervisory authorities are warning banks to reinforce IT controls and audits on third-party technology providers and to ringfence budgets related to operational risk.

22 September 2014

News/Operational risk

As cyber threat grows, EU regulators warn FS firms on IT budgets

Europe's financial institutions have been told by regulators that they must protect their IT budgets in order to guard against the growing threat of cyber attacks.

03 April 2014

News/Operational risk

DTCC warns demand for collateral set to overwhelm system infrastructures

With regulatory changes sparking a surge in demand for collateral, current operational processes and system infrastructures looks set to be overwhelmed, the Depository Trust & Clearing Corporation (DTCC) has warned.

22 January 2014

News/Operational risk

Was the London Whale a rogue trader?

Speaking at Finextra's 'Holistic surveillance and the fight to prevent rogue traders' webcast, industry veterans David Clark and Simon Wheatley, along with Shaun Mathieson, senior consultant, global banking & markets, SAS debate whether the ongoing saga of JP Morgan's so-called London Whale trader constituted a rogue trader incident.

06 June 2013

News/Operational risk

Anonymous allegedly leaks bank executive account information during US Super Bowl

In the latest round of attacks, Hacktivist group Anonymous claims to have leaked the names, addresses and other personal information on around 4,000 bank executives.

04 February 2013

News/Operational risk

Bank of America hit by website crash in the US

Bank of America's online banking website crashed on Friday, February 1st in the US leaving customers temporarily unable to access their accounts.

04 February 2013

News/Operational risk

UK Chancellor plans on UK payments shake-up

George Osborne, the UK Chancellor of the Exchequer, has threatened to break up the UK's big banks if they fail to follow new rules to ring-fence risky investment operations from their retail operations, and promised a shake-up of the payment system to boost competition in the sector.

04 February 2013

News/Operational risk

Sir John Vickers to speak at next Finextra dinner club

Sir John Vickers, chairman of the UK's Independent Commission on Banking and architect of a raft of banking reforms, is to be the guest of honour at the next Finextra dinner club event in London on 17 July.

29 June 2012

News/Operational risk

Getco fined $450k over lax HFT supervision

The broker-dealer unit of Getco has been fined $450,000 for failing to properly supervise its high-frequency trading.

23 March 2012

Finextra TV/Operational risk

Reports, permissions & strobe lighting, investment Chinese Walls

Farooq Nazir, deputy head of security, EMEA at Nomura talks about the bank's innovative use of their Honeywell central security management system, which uses strobe lighting to alert staff to breaches in security at the investment bank.

24 February 2012

Finextra TV/Operational risk

Payments transformation

Jeremy Light management consultant at Accenture talks outsourcing, investing and Sepa at Sibos 2011.

07 November 2011

Finextra TV/Operational risk

The promise of Swift's 3SKey

Mathias Bonnard, product and solution marketing (PSM) at Axway, discusses the potential uses of 3SKey in the bank-to-corporate relationship.

30 September 2011

Finextra TV/Operational risk

The need for integrated testing for payment hubs

Warren Gardiner, chief product & strategy officer at Clear2Pay, discusses the challenges and practices of testing for payment hub implementation at Sibos 2011.

29 September 2011

Finextra TV/Operational risk

FSA mobile recording rules, technology considerations

Rik Turner, senior analyst for Ovum, Ryan Shuttleworth, CTO at Compliant Phones and David Kemp, executive director of legal policy at Automomy discuss the technology around mobile phone recording regulation.

29 September 2011

Finextra TV/Operational risk

FSA mobile recording rules, compliance considerations

Jocelyn McCaffery, policy associate in the FSA's wholesale conduct policy unit, David Kemp, executive director of legal policy at Autonomy and Ryan Shutleworth, CTO at Compliant Phones discuss the upcoming FSA regulation on mobile use.

29 September 2011

Finextra TV/Operational risk

Time to market at ING

Steve Van Wyk, CIO at ING, along with Hans Tesselaar of BIAN, discuss the role of 'agile' development at the bank.

22 September 2011

News/Operational risk

MarkitServ plans collateral messaging automation

The DTCC and Markit, through their MarkitServ joint venture, have teamed with vendor AcadiaSoft to introduce a system for automating collateral messaging for the over-the-counter derivatives market.

24 January 2011