Q: What SWIFT-related product trends have you seen among your clients for this year? A: Connectivity: Banks and corporations continue to grapple with the best way to achieve interbank connections and apply the transaction-related applications they need to increase operational efficiency and reduce the risk related to sending and receiving financial messages. Compliance and anti-money-laundering:… Read More >>
FTF News Takes On SIBOS
FTF News is taking on the annual SIBOS conference, put on by the SWIFT financial messaging and services cooperative. The conference is being held at the Boston Convention & Exhibition Center from Sept. 29 to Oct. 2. You can check out our online news coverage all week. We will provide a mix of product news,… Read More >>
SunGard Launches Integrated Risk Platform
Financial technology provider SunGard has launched a platform, dubbed APT Enterprise, designed to provide integrated risk management via an interactive risk dashboard for the buy side, according to a company statement. The new platform aims to give asset managers an independent view of market and liquidity risk by improved modelling of multi asset class portfolios… Read More >>
Regulatory Guidelines Combat Social Media Compliance Fears
The financial services industry should thank regulators for establishing the rules of the game for social media compliance because it spurred the enormous adoption of social media strategies, according to a panel of experts and industry insiders at FTF’s Social Media and Compliance (SMAC) in financial services event, which took place in downtown New York… Read More >>
Calpers Dumps Hedge Funds
The highly influential pension fund California Public Employees’ Retirement System (Calpers) is exiting 24 hedge funds and six hedge fund-of-funds with a combined value of approximately $4 billion, officials say. Calpers officials announced that they are eliminating the hedge fund program, dubbed the Absolute Return Strategies (ARS) program, “as part of an ongoing effort to… Read More >>
Will OTC Reforms Bring Back Data Silos?
Oddly enough, regulations meant to bring clarity to voice-based over-the-counter derivatives could inadvertently create new data silos for many firms, says Marc Carletti, executive vice president, global banking and financial markets, BT Global Services. I spoke to Carletti for a magazine story that will be featured in the Fall 2014 edition of FTF News magazine… Read More >>
Aite Reports on GRC Tools Market
Securities firms have to impress upon employees the necessity of good governance, risk, and compliance tools that can help restore trust among clients, according to a new report from market research firm Aite Group. However, firms will have to find GRC support systems in a highly fragmented market, researchers say. “To meet regulatory obligations and… Read More >>
