The SWX participant Socit Gnrale, Paris, has violated provisions of the SWX Swiss Exchange on the registration and deputisation of traders. The Sanction Commission of the SWX Swiss Exchange has imposed a fine of CHF 30,000 against Socit Gnrale, Paris,
A new report from Aite Group, LLC examines the fraud management strategy of US financial institutions today, and how it is expected to evolve over the next three years. Based on Aite Group's survey of 13 US banks and credit
The European Central Bank (ECB) has published the second issue of its report entitled "Financial Integration in Europe". The main purpose of this annual publication is to contribute to advancing European financial integration. In addition, the report aims to raise
TCS Financial Solutions, the strategic business unit of Tata Consultancy Services (TCS), dedicated to providing business applications to the banking, insurance and capital markets industries, has revealed that TCS BαNCS Core Banking is developing additional functionality in support of US
Wachovia Corporation, as a result of its analysis of a ruling in BB&T Corporation v. the United States on 29 April 2008, expects to record an after tax non cash charge of between $800 million and $1 billion in the
Cicada, a provider of data management and compliance technology for financial institutions, has appointed Shaun Hassett to its business development team. As vice president of Business Development, Hassett is responsible for developing and expanding the companys Cicada Profiler software business.
Fortent, a risk and compliance information and technology specialist, has been named one of the top innovators of 2008 by Bank Technology News. Earning exclusive recognition in the Compliance category, Fortent was the sole anti money laundering specialist on the
Employees within the financial services sector are better prepared and are more knowledgeable about their companies' business continuity plans than employees in other sectors, according to a study commissioned by BT Global Services. In a survey conducted by YouGov, 50%
TABB Group, in one of its newest research notes, "European Clearing and Settlement Breaking BarriersBuilding Alliances," addresses a growing need for improving cross border clearing and settlement practices, as well as buy side aggregation of transactions in order to properly
ODL Securities has chosen Financial Architects' Financial Studio as a core part of their finance and risk management infrastructure. Having evaluated current offerings in the market, ODL Securities has selected Financial Studio for Compliance and Capital Management to automate regulatory