Fortent, a provider of information and technology to the risk and compliance market, has developed a new tool for quantifying the cost impact of regulatory information management. Available free to users who register on the Fortent Inform web site, the
Clearstream has been granted approval by Luxembourg's regulator, the Commission de Surveillance du Secteur Financier (CSSF) to start using the Advanced Measurement Approach (AMA) for the calculation of its own funds requirements for operational risk, making it the first International
Financial Tracking Technologies, LLC has added a division of the American International Group, Inc. (AIG), as a client. AIG, a world leader in insurance and financial services, is an insurance organisation with operations in more than 130 countries and jurisdictions.
The Emirates Securities and Commodities Authority (SCA), the regulatory body for the securities and investment market in the UAE and the Securities & Investment Institute (SII) unveiled plans for a ground breaking initiative at the inaugural UAE Integrity and Ethics
MORS Software, a financial software provider of automated intra day quality check software for independent risk control functions, says that, in light of the Socit Gnrale fraud last week, its Middle Office Reporting System (MORS), is essential for banks if
A total of 35 domestic and international financial intermediaries, banks, asset management companies and stock brokerage firms took part in the first research in Italy, carried out by SDA Bocconi in collaboration with HP and SIA SSB, on the subject
An online survey conducted by FRSGlobal has found that 41% of respondents consider their business' reporting process lacking in standardisation, with 17% of respondents saying that a standardised process is non existent. Over a quarter of respondents (25.5%) expressed low
Turquoise, the multi lateral trading facility established by nine European investment banks is partnering with Progress Software and Detica to deliver a real time Market Surveillance System. The combination of the Progress Apama Complex Event Processing (CEP) Platform and Detica's
SIA Eagle, the first technology platform in Europe dedicated to financial operators and complying with the new regulatory requirements and capable of ensuring protection to investors, has won "Best Innovation Award" from the SDA Bocconi management school, in the category
Investment Technology Group is introducing its Triton execution management system for the Asia Pacific region, enabling buyside traders to trade over 30,000 equities via multiple destinations across the Asia Pacific markets. This is done from a single application on their