The Taskforce for Nature-related Financial Disclosures (TNFD) is to release the latest version of its guide on how financial institutions should report on their biodiversity risks. The fourth iteration, due next month, is informed by the Global Biodiversity Framework (GBF) agreed at the COP15 in Montreal late last year. Target 15, of the GBF’s 23 aims, is designed to harness private finance to protect nature.
Financial institutions are integrating not only greater volumes of data for use across their organisation but also more varieties of data. As well, that data is being applied to more use cases than ever before, especially regulatory compliance and ESG integration. Due to this increased complexity of institutions’ data needs, however, information often arrives into...
Unstructured data accounts for an estimated 80 per cent of companies’ data estate and the volume of that information is forecast to grow by a third each year. Consequently, management of the class of data that is being culled from sources as diverse as financial reports and social media posts has become a pressing challenge....
Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.
Risk and regulatory imperatives are demanding access to the latest portfolio information, placing new pressures on the pricing and valuation function. And the front office increasingly wants up-to-date valuations of hard-to-price securities. These developments are driving a push toward on-demand evaluated pricing capabilities, with pricing teams seeking to provide access to valuations at higher frequency...