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Institutions have a reactive short-term view to risk management - SunGard report

July 23, 2013 - New global research undertaken by SunGard has found that banks continue to take a short-term view when it comes to risk management priorities, which is impacting future competitive advantage and profitability.

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SOFGEN partners with NetGuardians for operational risk solution

July 19, 2013 - SOFGEN Holdings Limited (SOFGEN), an international provider of IT solutions for banks, has announced a worldwide partnership with NetGuardians SA to bring the latter's cross-platform operational risk mitigation software to banks.

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Riskskill Warns That Mobile Payments Sector Could Face A 'Cocktail' Of Risks

July 11, 2013 - Leading corporate risk prevention consultancy and analyst Riskskill, a division of UKFraud, is warning that the expected rapid growth of the global mobile payments market will create a potential cocktail of different risks that pose new challenges for risk managers and other stakeholders in the sector.

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Quantifi and Ernst & Young Survey Reveals Banks Are Not Ready for Counterparty Risk Elements of Basel lll

July 10, 2013 - Quantifi, a leading provider of analytics, trading and risk management solutions for the global OTC markets, Ernst & Young and PRMIA recently hosted a joint seminar in London on 'Managing Counterparty Risk & Basel lll'. Over 120 senior traders and chief risk officers from leading global and regional banks who attended the seminar were surveyed to gain insight into the approaches taken towards counterparty credit risk and Basel lll.

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Wynyard Group's Financial Crime Solutions Named in Two Leading Global Risk Research Reports

July 9, 2013 - Wynyard Group, the specialists in intelligence-led software and solutions for protecting companies and countries from threat, crime and corruption, has been named amongst leading vendors in the Chartis RiskTech Quadrants™ for both the Chartis Anti-Money Laundering Solutions 2013 and Chartis Enterprise Fraud Management Solutions 2013 reports.

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CSA creates regulatory framework to address direct electronic access risks

July 5, 2013 - The Canadian Securities Administrators (CSA) today announced that it has issued amendments to National Instrument 23-103 Electronic Trading (NI 23-103), which will establish a consistent framework for the offer and use of direct electronic access (DEA) and address the financial and regulatory risks associated with DEA.

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