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Path Solutions is the 2014 Global Winner of the CFI.co Awardfor 'Best Sharia-Compliant Banking Systems'

August 4, 2014 - Path Solutions is proud to announce that its flagship product iMAL, has been named winner of the CFI.co 2014 Awards in the category of 'Best Sharia-Compliant Banking Systems'. Path Solutions is a global application software and services firm for the Islamic financial services industry. The company provides cutting-edge Sharia-compliant technologies that can add value and increase ROI, while improving product innovation, customer satisfaction, operational efficiency and risk management.

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Financial Services Industry Must Move On From Regulation − FSC-DST CEO Report

July 30, 2014 - The financial services industry must focus on innovation to drive productivity and economic growth, John Brogden, CEO of the Financial Services Council said today. Speaking at the launch of the 14th annual FSC-DST CEO Survey Mr Brogden said over the past three years the financial services industry has focused nearly one hundred per cent of its time and resources implementing processes to comply with new regulation.

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Interactive Data Well-Positioned to Support Customers' Compliance with SEC's Final Ruling on Money Market Fund Reform

July 23, 2014 - Interactive Data, a leading provider of independent evaluated pricing and reference data services, today announced that the firm is well-positioned to help its money market fund clients comply with today's SEC final ruling requiring floating net asset values ("NAVs") for institutional prime money market funds and permitting the use of redemption gates and liquidity fees.

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Swift signs more banks to KYC Registry

July 22, 2014 - Interbank messaging network Swift has signed up another six major banks to its KYC Registry initiative as it gears up for a launch at the end of this year.

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Full compliance still some way off as AIFMD authorisation deadline arrives, according to new BNY Mellon survey

July 21, 2014 - New research by BNY Mellon, a global leader in investment management and investment services, highlights a compliance shortfall among alternative investment funds (AIFs) on the eve of the deadline for Alternative Investment Fund Managers Directive (AIFMD) authorisation.

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Thomas Murray Data Services launches risk tech to aid AIFMD compliance

July 18, 2014 - Thomas Murray Data Services has launched a suite of products and has been working with a number of depositary banks to provide a total risk solution to ensure depositary bank compliance with the Alternative Investment Fund Managers Directive (AIFMD).

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