The use cases presented include solutions to detect rogue trading activities, standardise derivatives trading lifecycle events, and enhance liquidity risk monitoring.
March 22, 2021Exchange participants are “strongly advised” to strengthen controls and take immediate action to rectify any breaches of BCAN requirements.
March 9, 2021Commonwealth Bank said the issues arose from errors such as IT system coding or systems issues, human error and/or data entry errors.
March 2, 2021ASX will require daily reconciliation of individual client trust account balances, prescribe a standard format for trust reconciliations, and enhance reporting requirements.
December 4, 2020Leveraging IBM blockchain technology, Bank of Thailand's platform reduces a process that previously took 15 days to two days.
October 7, 2020A surge in trading volumes has highlighted the need for brokerage firms to re-engineer their businesses for the future, writes John Omahen at FIS.
September 23, 2020The enhancements will be made available through a next-generation digital platform that will "fundamentally transform" payments and securities processing, SWIFT says.
September 17, 202055 banks are using a blockchain platform to share interbank transfer data and reconcile transactions, an initiative made possible by a rule change last May.
July 31, 2020The HKMA is looking to address a lack of conduct requirements for trust businesses used by banks and their subsidiaries for wealth management purposes.
July 13, 2020Westpac said its IFTI non-reporting was due to a mix of technology and human errors dating back to 2009. Governance failures and unclear compliance accountabilities were also identified.
June 5, 2020