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Rising Regulatory Pressures and Data-Driven Approach to Oversight Top Key Concerns for Financial Organizations Next Year

December 6, 2012 - Wolters Kluwer Financial Services' Experts Say Proactive Efforts Around Compliance, Risk, Finance and Audit Critical to Organizations' Success in 2013.

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Risk assessments and compliance will drive IT spend in 2013 says Ovum

November 5, 2012 - Compliance and risk regulations will be the main drivers of technology spending in 2013, says Ovum in its assessment of the '2013 Trends to Watch in Financial Markets Technology'.

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Operational Risk Management Tough in the Face of Regulatory Change

October 24, 2012 - Investit recently reported that regulatory change programmes would be among the top priorities for 85% of investment managers in 2013. New research published by Investit this week, shows that for 75% of firms the emerging and still unclear regulations are placing strain on the operational risk function.

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Regulators Warn on Spreadsheet Risks in Quest for Data Excellence

October 18, 2012 - Financial institutions need to take full control of their vast number of spreadsheets and databases if they want to be fit for the new era of post-crisis risk management, warns leading data management specialist ClusterSeven. If they are not prepared, firms face a growing threat of regulatory censure over weak data management systems.

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Half Of Senior Risk Executives Interviewed At Leading Banks Believe Risk Information Across Enterprise Is Inadequate

September 28, 2012 - Half of senior risk executives interviewed at leading banks believe that capturing and processing risk information across their enterprises is currently inadequate.

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Knight Capital seeks new CTO and operational risk manager

September 21, 2012 - Knight Capital Group is looking for a new chief technology officer and operational and technology risk manager in a management shake-up at the firm which sustained $440 million in losses following a rogue trading software update.

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