World events are hitting home for financial services firms as the Obama and Trump administrations have been steadily issuing a growing list of complex economic sanctions against countries that have been hotspots across the globe, including Venezuela, North Korea, Cuba, Iran, Ukraine, Russia, and Syria. These sanctions are compelling firms to formulate multi-disciplinary responses and… Read More >>
Celent Survey: Asia Pacific Not Ready for T+2
By and large, financial firms in the Asia Pacific region are not yet prepared to follow in Europe’s footsteps as the October 6 mandatory shortening of the settlement cycle from trade plus three days (T+3) to trade plus two days (T+2) goes into effect. That is the gist of a study published by market research… Read More >>
Time to Disrupt Your AML System?
Anti-money laundering (AML) for financial services firms is evolving as they broaden their usage of the behavior detection at the heart of AML and begin to consolidate AML and anti-fraud platforms. Firms may also see their governments refine AML and related policies as a result of the latest recommendations of a standards body urging countries… Read More >>
