RiskTech Forum

Misys: How to Calculate Potential Future Exposure

2013-05-24T11:16:20+00:00

The use of practices like portfolio aggregation, collateral and netting clearly demonstrates the ongoing importance to banks of accurate exposure measurement in calculating their counterparty credit risk.

The Logic Group Achieves World’s First Accreditation For PCI Point To Point Encryption Application

2013-05-24T09:36:35+00:00

Solve DataShield is accredited by the Payments Card Industry Security Standards Council.

The Logic Group, UK’s leading Payment Service Provider, today announced that its Point to Point Encryption (P2PE) application, Solve DataShield, is the first in the world to be accredited by the Payments Card Industry Security Standards Council.

Wells Fargo Leads Fraud Management by Launching 3-Domain Verification For Commercial Card Customers

2013-05-23T08:37:20+00:00

Wells Fargo & Company (NYSE: WFC) today announced that it now offers free, 3-Domain Secure technology* – known in the payments industry as 3-D Secure – to protect online purchases by its WellsOne® Commercial Card customers. Among U.S. banks, Wells Fargo is the first commercial card issuer to deploy this fraud management tool.

Temenos DataSource: An Enterprise Data Management Solution That Reduces Costs And Risks

2013-05-23T08:16:04+00:00

Temenos (SIX: TEMN), the market leading provider of mission critical solutions to the financial services industry, is today showcasing Temenos DataSource at FIMA Market Data 2013.
DataSource, formerly known as ProDB, is an Enterprise Data Management solution that improves the quality of a financial institution’s market and reference data on an automated basis. It thereby reduces the costs and risks connected with the management of a constantly growing volume of data.

Direct Edge Trading Notice #13-19: Introducing EdgeRisk Ports

2013-05-22T09:07:22+00:00

Direct Edge® announces EdgeRisk PortsSM, a new risk mitigation service offering Members and non-Members dedicated logical test ports to evaluate the readiness of their systems that connect to EDGA Exchange (EDGA®) and EDGX Exchange (EDGX®). Pending filing with the Securities and Exchange Commission (SEC), the new service will be available in June 2013.

Numerix Leading Hedge Insurance Solution Enhanced For Breakthrough Performance Optimization

2013-05-21T16:27:02+00:00

Numerix (www.numerix.com), the leading provider of cross-asset analytics for derivatives valuations and risk management today announced new functionality and innovation now available in Numerix Leading Hedge, an enterprise solution for the risk management, product design, pricing, scenario generation and hedging of large blocks of Insurance guarantees. As more sophisticated capital market modeling frameworks are now required from a product design standpoint – and within hedging and risk platforms, Numerix’s cross-asset technology provides a single unified platform for the most basic to exotic product designs including all types of Variable Annuities, Equity Index Annuities and hedging instruments.

CGI Highlights Financial Services Organisations Are Not Prioritising SEPA Compliance, With Mobile And Payments Ranking As Most Important In European Payments Survey

2013-05-21T12:05:16+00:00

SEPA is still viewed as an opportunity with strong business benefits but 79% of Eurozone corporates have yet to action any SEPA direct debits plan for 2014 compliance

Only 11% of non-bank respondents believe that SEPA DD can be delivered by 2014

Real-time payments and mobile channels are the biggest focus areas

Eagle Helps Clients Address Regulation, Risk Management With LEI And Cleared Swaps Support

2013-05-21T09:19:00+00:00

Eagle Investment Systems LLC (Eagle), a leading provider of financial services technology and a subsidiary of BNY Mellon, announced that the most recent release of its portfolio management platform supports regulation for legal entity identifier (“LEI”) and recent cleared swap requirements from the Dodd-Frank legislation.

NASDAQ OMX And Smarsh Establish Partnership To Deliver Deeper Compliance Risk Capabilities

2013-05-21T09:17:54+00:00

NASDAQ OMX to offer Smarsh archiving and compliance tools to corporations, broker-dealers, exchanges and regulators.

Smarsh ®, the leading provider of hosted archiving and compliance solutions for email and electronic communications, announced today at FINRA's 2013 Annual Conference a new partnership with NASDAQ OMX (Nasdaq: NDAQ) to offer Smarsh archiving and compliance solutions to corporations, broker-dealers, exchanges and regulators alongside NASDAQ OMX's SMARTS market surveillance and compliance solutions.

Verafin And Fundtech Partner To Further Enhance The Industry’s Leading Real-Time Online Fraud Detection Analytics

2013-05-21T09:08:19+00:00

With financial institutions from coast-to-coast struggling to protect themselves and their customers from the devastation of online fraud, banks and credit unions are increasingly turning to Verafin’s proven real-time online fraud detection analytics.