426 articles tagged with this keyword
News/Operational risk
Thailand's central bank has called for more regulation of the country's growing fintech sector in order to prevent systemic risk and protect consumers.
22 July 2016
Company update/Operational risk
Leading UK-based fund manager Artemis has agreed a multi-year deal for Sybenetix’s end-to-end market abuse surveillance, case management and conduct management system.
21 July 2016
UK payment processing firm Worldpay is experiencing ongoing problems issuing payments despite promising to work with clients to resolve the software issue.
20 July 2016
A US congressional committee is to investigate the Federal Reserve's cyber security practices, according to Reuters which recently reported that there have been more than 50 cyber breaches at the central bank between 2011 and 2015.
06 June 2016
The Monetary Authority of Singapore (MAS) has issued a consultation paper proposing a regulatory sandbox for fintech startups and pilot schemes.
Millions of Australian banking customers were unable to access ATM and Eftpos services on Sunday after severe storms on the east coast caused widespread damage, including a major outage at a cloud computing service used by several banks.
The Wall Street Blockchain Alliance (WSBA), in partnership with Positrust LLC, an industry leading technology company, has announced the unveiling of the WSBA Certification Framework (WCF).
UK-based IT services firm ECS today announced that it delivered Splunk’s real-time Operational Intelligence solutions to four of the UK’s largest financial services firms and a top three British retailer.
30 March 2016
The Basel Committee has today issued for consultation proposed revisions to the operational risk capital framework.
04 March 2016
Global technology consulting firm DataArt has appointed the seasoned financial services and capital markets executive Cliff Moyce to head up its rapidly expanding financial practice.
12 January 2016
Calastone, the global funds transaction network, today announces that Investec Wealth & Investment, one of the UK’s largest private client wealth management firms, has gone live with Calastone’s recently launched Transfer Service.
24 November 2015
Investec Wealth and Investment Ltd (‘IW&I’), a leading wealth manager with responsibility for in excess of £26 billion clients’ AUM, has adopted Euroclear UK & Ireland’s (EUI) automated settlement and custody service; CREST, for its UK investment fund flows.
29 October 2015
Barclays, HSBC and Morgan Stanley are working with Markit on the creation of a cloud-based network for assessing and monitoring third party vendor risk.
14 October 2015
An IT problem at HSBC has affected some 275,000 Bacs payments and left thousands of customers without their monthly salaries just before a bank holiday.
28 August 2015
SunGard has issued a public apology to custody bank BNY Mellon for the outage of its InvestOne accounting system used by the bank to price thousands of funds.
BNY Mellon and its fund manager clients are scrambling to assess the damage caused after a third party system run by SunGard and used by the bank to value assets worth billions of dollars broke down.
27 August 2015
Almost half of asset managers are still reliant on costly manual processes to manage complex derivatives creating a dangerous level of operational risk according to a report from buy-side systems vendor SimCorp.
26 August 2015
Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced the launch of its FX trade confirmation service.
10 August 2015
Two rival exchanges, the New York Stock Exchange (Nyse) and Nasdaq OMX, are planning to provide back-up to each other's closing auctions in order to prevent a repeat of the outage that hit Nyse earlier this month.
23 July 2015
Quantifi, a specialist provider of analytics, trading and Risk Management solutions, today announced the release of Quantifi Version 13 (V13).
22 July 2015
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