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Position-level data is the goal, says BNY Mellon


19 January 2016 London
Reporter: Drew Nicol

Position-level information for all asset classes should be considered the gold standard in enterprise risk analysis, according to a BNY Mellon whitepaper...
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Guernsey making progress in financial crime fighting


18 January 2016 Guernsey
Reporter: Stephanie Palmer

Guernsey has made positive progress to come in line with international standard for anti-money laundering and combatting the financing of terrorism, according to Moneyval...
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Wolters Kluwer wins Egyptian bank mandate


18 January 2016 Giza
Reporter: Stephanie Palmer

A major Egyptian bank, the Housing and Development Bank has chosen the Wolters Kluwer Financial Services OneSumX solution to provide solutions for regulatory reporting and operational risk management...
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SGSS adds to London team


15 January 2016 London
Reporter: Stephanie Palmer

Societe Generale Securities Services (SGSS) has hired Stephen Doyle as head of institutional sales for asset managers and insurers in the UK and Ireland...
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Bitcoin a bust, says prominent developer


15 January 2016 Zurich
Reporter: Stephanie Palmer

Bitcoin developer Mike Hearn has declared the ‘experiment’ a failure, suggesting that division in the community has led to challenges that mean the currency is no longer a reasonable payments alternative...
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Start-up Moneybox brings Godfrey to the board


14 January 2016 London
Reporter: Stephanie Palmer

Financial technology start-up Moneybox has appointed Daniel Godfrey, former CEO of The Investment Association to its advisory board...
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CACEIS wins securitisation mandate


14 January 2016 Paris
Reporter: Stephanie Palmer

Financial services group ACOFI Gestion has selected CACEIS as depository and settlement bank for two new securitisation funds...
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11 Superior Bank bosses charged with fraud


14 January 2016 Washington DC
Reporter: Stephanie Palmer

The US Securities and Exchange Commission has charged 11 former executives and board members at Superior Bank and its holding company, with fraud...
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Clearstream reveals positive figures for 2015


14 January 2016 Frankfurt
Reporter: Stephanie Palmer

Clearstream has reported generally positive results for December 2015, and for the last year as a whole, including significant increases in assets under custody and domestic settlement transactions...
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New solution for China reporting requirements


13 January 2016 London
Reporter: Stephanie Palmer

Wolters Kluwer Financial Services has released a new solution allowing financial institutions that operate in China to comply with the China Enterprise Credit System reporting standards...