Stuart Shipperlee is rejoining Standard & Poor’s as its new European managing director for the Risk Solutions division, based in London. Shipperlee, who will report to Gary Kearns, global leader for Credit Risk Services, was previously managing director of European operations for U.S. insurance ratings agency AM Best, and before that spent 10 years at Standard & Poor’s. Says Shiperlee, “It’s not simply a case of Basel II compliance for banks via internal ratings systems, it’s about a fundamental re-focus on shareholder value across a wide variety of financial institutions. The demand for accurate risk measurement and adjustment is causing insurers, mortgage lenders, and large corporates, in addition to banks, to look at their credit risks on a portfolio-wide level, rather than simply exposure-by-exposure.”
A-Team Insight Blogs
The regulatory reporting obligations of financial institutions have mushroomed in scale over the past decade, leaving firms facing a raft of different requirements to provide increasingly granular metrics on their transaction, valuation and collateral data to a number of regulatory authorities. While many of these reports draw from the same core data set, the nuanced differences...
SteelEye, the compliance technology and data analytics firm, and UnaVista, the regulatory reporting platform from London Stock Exchange Group, have joined forces to support financial firms with best-in-class reporting services as they migrate from CME’s European Trade Repository (TR) and NEX Abide regulatory reporting services, which will close in November 2020. SteelEye has been a technical...
Data Management Summit USA Virtual will explore how sell side and buy side financial institutions are navigating the global crisis and adapting their data strategies to manage in today’s new normal environment.
High-profile and punitive penalties handed out to large financial institutions for non-compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations have catapulted entity data management up the business agenda. So, too, have industry and government reports on the staggering sums of money laundered on a global basis. Less apparent, but equally important, are...