ABN Amro has confirmed that it could face possible money laundering fines, following an order from the Dutch central bank to review all its transactions for possible money laundering or financial crime activities. The news comes after fellow Dutch bank ING was hit with a $900 million fine in September 2018 for similar issues.
Migration of financial apps and data to the cloud is well underway as financial institutions take the opportunity to cut the cost of running systems on premise, scale as and when required, and spin up test environments quickly and inexpensively. Moving the trading technology stack to the cloud is a different and more difficult proposition....
An interview with Founder & CEO, Haider Mannan. Investment screening has its greatest operational impact before a trade, when a firm needs a defensible compliance decision without delaying execution. BIGTXN founder and chief executive Haider Mannan built the company around that constraint. “Because if you’re holding up execution, it’s costing the business,” he told RegTech...
Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.
Welcome to the fourteenth edition of A-Team Group’s Regulatory Data Handbook. Supervisors increasingly expect firms to demonstrate which rules apply, which data supports each obligation, who owns the control and how exceptions are identified and resolved. Policies and implementation programmes must now be supported by records that can withstand regulatory scrutiny. This edition examines material...