Compliance

Moody’s Analytics has enhanced its software and service offerings for the banking industry by making its regulatory compliance and balance sheet management solutions available on the cloud.  Building on its existing cloud-enabled and software-as-a-service (SaaS) solutions, this latest development comes at a time when banks are increasingly considering cloud-based and SaaS solutions as a way to reduce costs, improve speed of ... Read More »

Late-payers to be banned from UK government contracts following Carillion collapse Outsourcing giants that fail to pay suppliers on time will be banned from major contracts under new plans announced by the government today in the wake of Carillion’s collapse. The Cabinet Office has announced a package of measures which also aim to “level the playing field” so small businesses ... Read More »

Speaking in London recently, Information Commissioner Elizabeth Denham said that she is in discussions with the government to secure a stronger audit power in the UK Data Protection Bill than currently planned. Speaking about the Facebook / Cambridge Analytica investigation, Denham said: “Under the GDPR I will have the power to audit all those who hold, use and share personal ... Read More »

Riskonnect, the leader in integrated risk management solutions, announced the hiring of Jim Wetekamp as CEO. Wetekamp has more than 20 years of product and leadership experience, most recently serving as CEO of BravoSolution, a Chicago-based cloud procurement solutions company.  Wetekamp joined BravoSolution in 2008 following its acquisition of VerticalNet, his former employer. As that company’s CEO, Wetekamp successfully navigated ... Read More »

New data visualisation tool means organisations can make quick, intelligent decisions about their customers GBG, the global specialist in identity data intelligence, announces the release of its data visualisation tool, to help organisations quickly identify trends, patterns and correlations in their data and make intelligent decisions about their customers. ‘Visualise by GBG Connexus’ was created by the team behind the ... Read More »

Has the impending GDPR deadline got you freaking out? These five tips might help you calm down, at least a little.  Many people are finding themselves faced with the need to familiarise themselves with a topic that pertains to everyone, data protection and privacy, even though most have not specialized in it. In April 2016, the General Data Protection Regulation (GDPR) ... Read More »

The Notifiable Data Breaches (NDB) scheme comes into effect today, requiring agencies and organisations in Australia that are covered by the Privacy Act to notify individuals whose personal information is involved in a data breach that is likely to result in “serious harm”, as soon as practicable after becoming aware of a breach. Launching the new legislative direction on Thursday, ... Read More »

Thomson Reuters announced it is collaborating with Salesforce to help clients quickly and efficiently on-board new customers and meet regulatory anti-money laundering obligations in the fight against financial crime. Thomson Reuters World-Check, one of the world’s leading databases of risk intelligence data to support companies in meeting their due-diligence obligations, can now be accessed by customers on the Salesforce AppExchange ... Read More »

Dow Jones Risk & Compliance, a leading provider of anti-money laundering, anti-corruption and sanctions compliance data solutions, has completed the acquisition of Cerico from the law firm Pinsent Masons and Campbell Nash, a consultancy owned by technologist James Armstrong. Cerico provides end-to-end Know Your Business Partner technology and digital compliance tools for international businesses, supporting anti-corruption programmes around the world. ... Read More »

Big-data specialist Quantexa is partnering with compliance robotic automation leader Arachnys in the fight against financial crime.  Both technology providers will be harnessing the power of each other’s respective technologies to identify and monitor customer risk. Quantexa will be using Arachnys’ cloud-based investigation platform and global news assets to dynamically screen against negative news, locate missing Know Your Customer (KYC) ... Read More »

One of the world’s leading Intellectual Property Attorney practices, MURGITROYD, has selected encompass verify to support and enhance its Know Your Customer (KYC) compliance processes. With offices in the Americas and across Europe, MURGITROYD ranks amongst the largest practices of patent and trade mark professionals, with more than 250 staff. In addition to its Glasgow head office, MURGITROYD has thirteen offices throughout Europe, in ... Read More »

A recent study showed that over 60 percent of corporate data is stored on employee endpoints. And yet, as companies work to ensure compliance with the new General Data Protection Regulation (GDPR), they still may be overlooking a few key areas.  The GDPR globally impacts the processing of all personal data on EU residents and takes effect on May 25, 2018. The ... Read More »

Insolvency practitioner, ipd, has selected encompass verify to support and enhance its Know Your Customer (KYC) compliance processes. ipd work with a wide range of businesses, ranging from sole-traders, family-run companies and SME’s through to large multi-million pound groups of companies. The only provider of simultaneous, real-time access to multiple sources of global company and person data, encompass corporation is the creator of KYC automation ... Read More »

The company has reported a consolidated sales volume of just under 100 million Euro, and almost reaches 63 million individually in the year of its 25th Results after taxes grow by 12% and individual profits increase even more, by 39%. At the General Shareholders Meeting of INFORMA D&B S.A.U. (S.M.E.), (subsidiary of CESCE), the leading company in Business, Financial, Sectorial ... Read More »

Creditinfo Group makes progress in Central Asia region and partners with ISHENIM  Credit Bureau on developing IFRS 9 models for the entire financial industry in Kyrgyzstan.  It is the first sale of the product in that region. Creditinfo’s IFRS 9 models meet the extensive demand from the credit industry, due to the  obligation for all to comply with IFRS reporting requirements starting this ... Read More »

Forrester Research firm cites MetricStream as a Leader in Governance, Risk, and Compliance Platforms: MetricStream has the highest score in the current offering category of all vendors evaluated and the highest score possible in customer maturity MetricStream, the market leader in Governance, Risk, and Compliance (GRC) Apps, today announced that the company has been recognized as a Leader by Forrester Research ... Read More »

In a 23-criteria evaluation of governance, risk, and compliance (GRC) platforms, Forrester identified the 14 most significant ones — ACL, Enablon, IBM, LogicManager, MetricStream, Nasdaq, NAVEX Global, Riskonnect, RSA, Rsam, SAI Global, SAP, ServiceNow, and Thomson Reuters — and researched, analyzed, and scored them. This report shows how each provider measures up and helps risk management professionals make the right ... Read More »