AFME’s DDQ appears to have resonated with the industry as alterations lessen
Few alterations expected to be incorporated into the 2020 DDQ version in what is likely to be a welcome respite for many sub-custodian providers.
Few alterations expected to be incorporated into the 2020 DDQ version in what is likely to be a welcome respite for many sub-custodian providers.
Perez-Tasso was a founder of the SWIFT2020 strategy, as well as an executive sponsor of its customer security programme.
One of State Street's senior client services executives will take part at the next board meeting of LACERA to give an update on its data security processes.
Certain trade data captured by artificial intelligence could be at risk of being hacked by cyber criminals, according to a leading cyber-security expert.
SWIFT explained the financial gain for a hacker targeting securities market infrastructures are high, while custodians and brokers are also at risk.
Cyber-security could be one of the sections that will be dropped from an industry-wide questionnaire network managers use when selecting a sub-custodian.
HSBC chief executive John Flint says that following a period of restructuring the bank must get back into growth mode.