Opus Targets GDPR Third-Party Requirements Opus, a vendor of compliance and risk management solutions, has launched the Third Party GDPR Compliance solution, created to “identify and manage General Data Protection Regulation (GDPR) risk in third-party relationships,” officials say. “The European Union’s General Data Protection Regulation, which comes into force on May 25, 2018, is a… Read More >>
CME to Close European Derivatives Exchange & Clearinghouse
CME to Complete Closures by the End of 2017 Citing customer preferences for its U.S. infrastructure, CME Group officials report that they will be closing the London-based derivatives exchange, CME Europe, and the clearinghouse, CME Clearing Europe, by the end of the year, officials say. For the dismantling, CME Group officials will be working… Read More >>
BNY Mellon Fills Top EMEA and MENA Positions
New EMEA Head for BNY Mellon Markets & New Corporate Trust Head for MENA BNY Mellon has appointed Dan Watkins as head of BNY Mellon Markets in Europe, the Middle East and Africa (EMEA), and appointed Paul Farrell as head of sales and relationship management for corporate trust in the Middle East and North Africa… Read More >>
Opus Focuses on the Risks of Third-Party Providers
Compliance platform vendor Opus Global is debuting “an out-of-the-box solution” that offers pre-configured templates intended to help financial services firms assess and manage the risk that comes when working with third-party outsourcers and service providers. The solution, the Hiperos 3PM Banking Accelerator, has been designed to uncover risk problems to help firms comply with regulations… Read More >>
Credit Suisse, Ipreo, Symbiont, R3 Finish First Step for Syndicated Loan Blockchain
Blockchain Proof of Concept Effort Will Go On Credit Suisse, Ipreo, Symbiont and R3 have completed the successful initial stage of a project to demonstrate how blockchain technology can be used to improve the syndicated loan market, officials say. The proof of concept will continue throughout the year and will includes participation from agent banks,… Read More >>
