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U.S. Firms Prepare for Tougher E.U. Privacy Regs

January 30, 2018 by Eugene Grygo

U.S. Firms Prepare for Tougher E.U. Privacy Regs

(Editor’s note: The General Data Protection Regulation (GDPR) from the European Union was created to do two major jobs: replace the Data Protection Directive 95/46/EC, and to harmonize data privacy laws across Europe, officials report. The new legislation, when it takes effect May 25, 2018, is intended to “protect and empower” data privacy and “reshape… Read More >>

Filed Under: Securities Operations, Data Management, Ops Automation, Risk Management, Governance, Back-Office, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting Tagged With: automation, back office, data management, data privacy laws, Data Protection Directive 95/46/EC, European Union, General Data Protection Regulation (GDPR), governance, Northern Trust, regulation, Regulation & Compliance, regulatory reporting, risk management, Ryan Burns, Securities Operations

2018 Predictions: Hackers Will Hit Harder Than Last Year

January 11, 2018 by Eugene Grygo

2018 Predictions: Hackers Will Hit Harder Than Last Year

(Editor’s Note: Cybersecurity concerns are high on almost every prognosticator’s list and several of them are predicting that things are only going to get worse for the securities industry.) “Unfortunately, we won’t be surprised to see another Equifax-like situation happen in 2018,” says Robert Roley, senior vice president, managing director and general manager for SS&C… Read More >>

Filed Under: Securities Operations, Corporate Actions, Data Management, Industry News, Operational Risk, Ops Automation, Risk Management, General Interest, Governance, Diversity, Equity, and Inclusion (DEI), Standards, Opinion, Q&As, KYC, Cybersecurity, Regulatory Compliance, Social Media, Industry News Tagged With: Abacus Group, Chris Grandi, CISO, Cybersecurity, FINRA, GDPR, General Data Protection Regulation (GDPR), Robert Roley, SS&C Advent

Opus Launches GDPR Compliance Solution

October 19, 2017 by Eugene Grygo

Opus Launches GDPR Compliance Solution

Opus Targets GDPR Third-Party Requirements Opus, a vendor of compliance and risk management solutions, has launched the Third Party GDPR Compliance solution, created to “identify and manage General Data Protection Regulation (GDPR) risk in third-party relationships,” officials say. “The European Union’s General Data Protection Regulation, which comes into force on May 25, 2018, is a… Read More >>

Filed Under: Derivatives Operations, Derivatives Processing, Securities Operations, Clearing, Corporate Actions, General Interest, AML/Fraud/Financial Crime, Regulation & Compliance, Derivatives, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: blockchain/DLT, CLSA, compliance, EU, fintech, General Data Protection Regulation (GDPR), IsDB, Opus, risk management, SettleMint, Sharia-Compliant, Torstone Technology

Europe Lags Behind U.S. in Data Protection Readiness

June 26, 2017 by Lynn Strongin Dodds

With less than a year before the May 25, 2018 deadline, U.S. financial services firms are ahead of their European counterparts in their preparations for the European Union’s General Data Protection Regulation (GDPR), according to a survey, commissioned by Compuware Corp. and conducted by independent research company Vanson Bourn. Polling 400 chief investment officers across… Read More >>

Filed Under: Data Management, Operational Risk, Regulation & Compliance Tagged With: Compuware Corp., data management, data protection, General Data Protection Regulation (GDPR), Vanson Bourn, YouGov

Regulators Catch Up to Social Media Usage

June 13, 2017 by Eugene Grygo

(Editor’s note: Digital compliance, archiving, and analytics vendor, Actiance, recently signed a global partnership with Hootsuite, a social media management platform provider. The partnership will combine Hootsuite’s platform with Actiance’s Socialite offering for compliance across public social networks, and Actiance’s Alcatraz, a context-aware, cloud-based archive. A key aspect of the collaboration is the growing list… Read More >>

Filed Under: Regulation & Compliance, Social Media Tagged With: Actiance, Financial Conduct Authority (FCA), FINRA, General Data Protection Regulation (GDPR), Hootsuite, Investment Industry Regulatory Organization of Canada (IIROC), MiFID II, SEC, social media compliance

Actiance & Hootsuite Sign Social Media Compliance Pact

May 30, 2017 by Eugene Grygo

Vendors to Target Global Compliance for Social Media   Actiance, a digital compliance, archiving, and analytics vendor, has signed a global partnership with Hootsuite, a social media management platform provider, to offer a comprehensive compliance solution for financial services firms. The partnership will combine Hootsuite’s platform with Actiance’s Socialite offering for compliance across public social… Read More >>

Filed Under: Securities Operations, Buy-Side, Risk Management, FinTech Trends, Back-Office, Regulation & Compliance, Social Media Tagged With: Actiance, Alcova Asset Management, AQMetrics, Broadridge, Colchis Capital Management, Financial Conduct Authority (FCA), FINRA, General Data Protection Regulation (GDPR), Hibernia, Hootsuite, Investment Industry Regulatory Organization of Canada (IIROC), Jabre Capital, MiFID II, SEC, SWIFT

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