Darren Thomas MD at IHS Markit
This past fall, Phase 3 of initial margin reform came into force. All firms holding more than $1.5 trillion USD in notional in uncleared derivatives were required to post margin in a manner compliant with the rules of a new global margining framework. This new framework, passed by regulators in all major jurisdictions, is composed of stringent rul...
19 February 2019 /regulation Financial Services Regulation
Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank
A lot is being read, written or heard about GDPR – it’s relevance, implications to institutions that collect personal data, and ramifications of non-compliance. Therefore, this will not deal with any of these in detail. Keeping it simple we will try exploring 4 specific impact points within financial institutions because of this regulation, and th...
19 February 2019 /security /regulation Banking Strategy, Digital and Transformation
Retired Member
Regulations and mandates often strike fear in C-suites and compliance managers, as they automatically gravitate toward how these could restrict them or hold back their business. Focusing on the punitive measures that accompany regulations, however, prevents organizations from realizing that compliance can help enterprise’s reach new customers, und...
15 February 2019 /security /regulation Biometrics
Paul Malyon Head of Data Literacy at Experian
We have come along way when it comes to the effective management and utilisation of data. However, according to our recent research, most businesses are still struglling to unlock the full potential of thier data assets. 95% of organisations say see negative impacts from poor data quality, affecting customer experience, business efficiency, and org...
14 February 2019 /regulation Data Management 101
Breana Patel CEO | Thought leader in Bank Risk & Regulations at Bonova Advisory | Risk &Regulatory Advisory
I had the pleasure of interviewing Dr. Sian Lewin who is currently Head of Client Delivery and Research at RegTech Associates and the Founder of the RegTech Women network. Breana: Thank you so much for doing this with us! Can you tell us a story about what brought you to this specific career path? Dr. Sian: It’s a pleasure! I think when we look ret...
12 February 2019 /ai /regulation Banking Strategy, Digital and Transformation
2018 was an interesting year, with cybersecurity at the forefront in media. We saw dozens of high-profile breaches (e.g., Facebook, Orbitz, MyFitnessPal) and many more low-profile incidents. Cybersecurity preparedness assessments and testing have become a standard cost of doing business. Ransomware is a household term. The EU’s General Data Protec...
12 February 2019 /security /regulation
According to a recent report by MarketsandMarkets, the Regtech market is expected to be worth $12.3 billion by 2023. This is driven by an increase in the cost of compliance, as even more regulations are adopted and the requirement for a more streamlined customer experience proves to be more important than ever. Know your customer, anti-money laund...
12 February 2019 /security /regulation Financial Risk Management
Andrew Churchill ID & Authentication Standards author at MIDAS Alliance
On Thursday evening I was delighted to be speaking in Parliament on behalf of the MIDAS Alliance at the launch of Tech UK’s Digital IDs report, hosted by the All Party Parliamentary Group in Digital Identity. This very well attended event heard of the opportunities afforded by getting digital identification & authentication right, ranging from...
11 February 2019 /regulation Banking Strategy, Digital and Transformation
The two types of Open Banking providers: here’s what you need to know Since January 2018, Open Banking has been driving dramatic change across the financial world, revolutionising everything from payment solutions and budgeting tools to lending applications and credit evaluations. But what exactly do companies offering Open Banking do? Regulated p...
11 February 2019 /regulation Open Banking
Understanding the Options: Investment Processes vs. Operational Procedures The range of tools available in today’s market reflects the increased diversity of operations among fixed income managers. To fully understand the role that technology plays in the asset management lifecycle, it is helpful to categorize the technology functions under two un...
07 February 2019 /regulation Innovation in Financial Services
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.