dataRSS

Sibos 2017 opening plenary: data is the new battleground

Dave McKay, RBC

Welcome to Sibos 2017 in Toronto – bringing together 8,000+ delegates from 150 countries. And this year we have a new (or the vintage new?) theme: data. Not the “big data” though (that everyone was talking about a few Sibos conferences ago), but just data.

The United Nations of Data – an interesting idea

Connexion Internet

One of the big problems of the digital economy is unity. Everyone is out for themselves which could mean no one wins, reports Telecoms.com (Banking Technology’s sister publication). What we’re talking about here are the rules – the legislation and regulation which defines how a company can operate in the connected economy. There sure are […]

The four things that will make or break bank risk management

Risk management

What will make or break bank risk management? Victoria Chatterton, strategic director of RiskMinds, gives the lowdown.

Banks, are you a passive data donor or a proactive data seeker?

Louise Beaumont, SapientRazorfish

With the arrival of new regulations, there are two main options for banks: they can choose to become either “data donors” or “data seekers”. These two positions imply opposite approaches to the new banking market that is in prospect, and sharply contrasting mentalities.

Lessons from the GDPR compliance journey of a large financial services organisation

GDPR

In preparation for GDPR compliance, a global financial services organisation embarked on a journey to assess its core information processing environments with the objective of identifying opportunities to strengthen its privacy data protection programs. This article focuses on the technology challenges, approach, and lessons learned for the centralised testing environment.

UK faces relegation battle in fight for digital dominance

Digital race: UK is at the very back

If data is going to define the digital economy the UK is screwed, according to fresh research from Teradata.

E-book: Regulatory compliance for banks – using data to unblock the road ahead

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Your bank faces more competitive pressures than ever before. Regulations nowadays regularly cost financial institutions billions. You know this. What may be unclear is how IT can help, not hinder, your competitive position. As data becomes the roadblock for compliance, so too it can become your competitive advantage. The latest techniques for handling compliance processes […]

The looming possibility of Brexit underscores the need for data clarity

Mark Holland is partner at and co-founder of business transformation consultancy Holley Holland

Tactical regulatory firefighting has distracted banks from their long-term strategic shift to an enterprise view of data. Looming issues such as the possible Brexit highlight the urgency of this task

Data integrity and post-crisis regulatory reform

Mark Brennan is head of business development Americas at ITRS

The integrity of data in capital markets – be it, for example, price data, trade facts, collateral balances, or other key business information – has long been a fundamental concern of technologists and business stakeholders. But how do we define integrity?

The media as a source of reputational protection, rather than risk

Chrisol Correia is head of global AML at LexisNexis Risk Solutions

For better or worse, financial institutions are more risk averse than ever. This is the direct result of continuing and growing regulatory scrutiny over a broad range of activities, including the compliance of financial institutions in areas such as international sanctions, the prevention of money laundering, the funding of terrorism or the facilitation of tax evasion.

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