Few parts of the world have embraced virtual assets like Asia. Indeed, the region has some of the highest adoption and growth rates for cryptocurrency, which has left regional regulators...
Read MoreThe volume of data passing through financial systems has been rising at an accelerating rate for more than forty years. This phenomenal growth has meant that data governance and management...
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The first line of defence – ‘the business’ in the 3LoD model – is witnessing a digital transformation of risk management and governance that has accelerated since the onset of...
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Surveillance is high on the agenda for most financial services’ compliance teams. Despite extensive work done in this space, many firms still find their surveillance processes insufficient compared to the...
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The dramatic increase over the past decade in the percentage of trading that is carried out electronically has given rise to a plethora of technology providers offering a range of...
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Since 2008, economic shock after shock focused regulators on initiatives to shore up the overall resilience of financial firms and reduce the impact of systemic interdependencies. Regulation dedicated to ensuring...
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Financial institutions face three enduring IT challenges: first, the maintenance and upgrade of legacy monolithic enterprise applications; second, the suboptimal behaviour of embedded third-party vendors in terms of slowness to...
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Taking a strategic approach to software architecture is a priority for 2022 and financial firms are re-evaluating and modernising their underlying architecture. Digital transformation projects lean hard on IT teams...
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In 2022, climate-related considerations are a mainstream focus in capital markets as part of global Environmental, Social and Governance (ESG) reporting initiatives. The most widely adopted framework is a voluntary...
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Traditionally, account opening processes in a financial institution required face-to-face contact between the financial institution’s onboarding team and the prospective client. However, as demand from investors for non-face-to-face (NFTF) onboarding...
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Despite astronomical sums being spent by banks on surveillance – almost US$ 740m by 15 surveyed Tier I and Tier II banks alone in the first two years after MAR...
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In recent years, there has been a global shift away from the established pattern of business communications. The Covid pandemic, and the continuing uncertainty it has created, has accelerated a...
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