Could RegTech save the banking industry?

RegTech alone will not save the banking industry. It must embrace digital and work out the supply chain disruption that #FinTech has created. However with profit margins continuing to shrink, regulat...

Financial Services Regulation

Uber transparent?

ESMA has today published the latest Q&A on investor protection. The document spans many different topics, but what sparked my interest in particular are the comments around the best execution

Multi-Asset Trading Now in Vogue for the Buy Side?

Demand for multi-asset trading on the buy-side has “renewed” the importance of the execution management system’s role on buy-side trading desks in the battle for screen-based real estate. However, lis...

External vs Internal Threats - Which is the Greater Risk?

Organisations today face more complex software risk than ever before. With an increasing number of breach and ransomware stories making front page news, the need for robust corporate defence has neve...

Card Payments Just Surpassed Cash. That’s Good, Right? Part 3

Consumer card transactions overtook cash payments for the first time in 2016, according to Euromonitor. Moving away from cash and checks is a signal of modernizing economies, more efficiency and less...

FATF’s AML Evaluation of the US: Will it Drive More Regulatory Changes?

On December 1, 2016 the Financial Action Task Force (FATF) released its Mutual Evaluation Report of the US Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF) Measures. While the report ...

Financial Services Regulation

That's your limit!

As is so often the case with some of the lengthy documents that make up the Shakespearean drama that is the MiFID II implementation, the devil is in the detail. The technical standards on position li...

What Does the Chief Risk Officer Want for Christmas?

After a hectic 2016, chief risk officers will be hoping for a quiet wind-down to the year and a high-performing, risk-managed 2017. But what do they need this Christmas in order to have a successful 2...

Identity verification in an era of data breaches

Cyberattacks and breaches have grown in frequency, and losses are on the rise. In 2015 the number of U.S. data breaches continued to break records with 781 reported where the number of records exposed...

Innovation in Financial Services

Guess What Day It Is! It’s FOMC Day!

This was originally posted November 21, 2016 in the TradeTalk blog on TT's web site. Share Here we are again. Just when we all thought we had it figured out, the election whizzed on the electric fenc...

AML Transaction Monitoring Systems: Increasingly ineffective, but perhaps not outdated

We need to accelerate TMS roadmaps and increase the agility of the big investments we’ve made in these systems As the backbone of Anti-Money Laundering (AML) deployments for more than 15 years now, ...

5 Steps to Prepare for the New 'Beneficial Ownership’ KYC Rules

Additional stringent know your customer (KYC) regulation comes into effect in the US in spring 2018. The new rules concern ‘beneficial ownership’ – institutions will have to discover ‘ownership’ – def...