RegTech Insight Risk, Governance & Controls The latest content from across the platform
A Recruiter’s View: On FPGAs, Big Data And Women
Three very interesting features have emerged in fintech recruitment in the first trimester of 2013. The on off nature of FPGA development has led to cluster hiring in the space, big data has taken strides forward and there has been a noticeable improvement in diversity as companies take steps to add more women to their teams. Suspicion…
A-Team Group Webinar Reveals Significant Issues in Development of the Global LEI System
The global legal entity identifier initiative is well underway with a Regulatory Oversight Committee providing governance and pre-Local Operating Units assigning legal entity identifiers, but the ultimate success of the system depends on the as yet unformed Central Operating Unit, the quality of entity data and its ongoing maintenance. These issues and more related to…
Quantifi Stresses Data Management Requirement for Basel III Credit Risk
Quantifi has built out its counterparty credit risk platform to meet the capital requirements of Basel III. But the company warns that data aggregation and management coupled to a centralised approach to the regulation are essential to full compliance and managing the cost of capital. Basel III regulation was finalised in June 2011 and will…
Aktia Retail Bank Selects SunGard Ambit Solution for Capital Management
Finnish retail bank Aktia is extending its use of SunGard’s Ambit risk and performance management solutions with the addition of Ambit Capital Management. The capital management application will replace a legacy vendor system, automate previously manual processes and deliver greater transparency and visibility of capital across the bank’s predominantly retail lending business. Aktia already uses…
A-Team Webinar Details the Need for Independent and Transparent Security Valuations
Independent and transparent security valuations have become essential to financial institutions that must meet growing regulatory requirements with a focus on valuations and liquidity. Panel members joining this week’s A-Team Group webinar, Managing Valuations Data for Optimal Risk Management, agreed that independence and transparency are key to valuations, and highlighted growing market understanding and interest…
Kove Proposes Memory-Disk Storage for Intra-Minute Risk Analysis
Kove, a provider of high-performance storage systems, is pitching the possibility of intra-minute risk analysis based on its memory-disk storage technology that includes highly deterministic input/output to allow data to be moved extremely quickly and central processing units (CPUs) supporting applications to run at 99% capacity. To test the performance of its storage in a…
Mizuho International Builds on Relationship with Wolters Kluwer for Basel III Reporting
Mizuho International, the London-based securities and investment banking arm of Mizuho Financial Group, is building on an existing regulatory data management relationship with Wolters Kluwer Financial Services to meet the needs of Basel III reporting. The bank has licensed Wolters Kluwer’s Basel III compliant common reporting (CoRep), financial reporting (FinRep) and liquidity coverage ratio modules…
Data Management Summit – Regulation is a Game Changer for Reference Data
Regulation has become a game-changer for many financial firms as regulators look beyond reports and demand access to detailed data that must be accurate and complete in a regime of zero regulatory tolerance. Introducing a panel discussion at last week’s A-Team Group Data Management Summit entitled Enterprise Data Management Business and Regulatory Drivers, A-Team Group…
Data Management Summit – Paolo Mittiga Maps the Road Ahead
Paolo Mittiga, data management domain partner at Wipro Technologies, presented the opening keynote at this week’s A-Team Group Data Management Summit (DMS) outlining a future of data management that will focus on the legal entity and real-time access to all data and be underpinned by technologies including semantic logic and dynamic ontology. Mittiga was welcomed…
Trillium Software Responds to Regulatory Pressure with Latest Release of Software System
Trillium Software’s latest release of Trillium Software System reflects growing requirements for self-service data management across financial firms’ lines of business as well as the need for speed in handling greater volumes of data. Version 14 of the software is available immediately and has been developed not only as a flexible tool for line of…