Insights
Leveraging Technology for the Leverage Ratio
An increasing number of financial institutions are leveraging modern technologies to manage regulatory change more efficiently and reduce costs. This article discusses the proposed changes to the UK’s leverage ratio framework and the affect on firms. The UK’s leverage ratio framework Originally posted here by UK Finance. Authors:
Clouds of Liquidity
With banks large and small moving data and applications to some of the many well-known cloud providers, a new era of risk technology is forming. With more and more data being moved to the cloud, effective liquidity risk solutions are essential to prevent liquidity risk data held in the cloud
Why data lineage, interoperability and data standards are key to risk management
How can financial institutions capitalise on technology to make the most of their risk data? In this post, we discuss data lineage, interoperability and data standards, and explain how they will affect your firm.
The challenge of regulatory reporting and the promise of DRR
The Financial Conduct Authority (FCA) launched its project on Digital Regulatory Reporting (DRR) in November 2017. The objective of the project is to reduce the regulatory burden on firms, automate regulatory reporting, and improve the accuracy of reports submitted to the regulator.
Leveraging data lineage, interoperability and data standards to deliver business value
As the adoption of technologies grows across the financial services industry, data management tools become ever more powerful. This presents financial institutions with a unique opportunity to maximise the potential of their risk management functions by making the most of their risk data.
UK Financial Services Policy after Brexit: The Role of Technology
The new regulatory and policy announcements represent a shift towards technology in the financial services industry. The changes present financial institutions with a unique opportunity to transform the UK financial services industry to become a world leader in financial and regulatory technology.
Transforming data collection: FIRE as a common input layer
FIRE open-source data standard can be adopted and deployed by any financial institution that chooses to do so, and it covers exactly those data points that are required for data collection requests set out in financial regulation.
Automating regulatory reporting – the case of IFR/IFPR
The new IFR/IFPR regime offers a real opportunity for investment firms to take stock of their approach to regulatory reporting and data. Automating the process offers benefits through auditability, regulatory updates, and real-time data for trading decisions.
The Cloud, forming the Backbone of the Economy
COVID-19 has shown that the Cloud is the backbone of the economy. The Cloud offers a mechanism for sharing and operating data services online. Locally hosting files requires access to specific premises and systems. To run locally hosted services, companies have to install new systems on their premises. These have
Operational Risk: The Tech Solution
COVID has made apparent that businesses that have embraced advanced technology have come out on top and efficiently reduced operational risk.