Solutions
Koger has enhanced its Kure software with new functionality focused specifically on the management of risk-based compliance, in direct response to increased due diligence and anti-money laundering (AML) and know your client (KYC) procedures around the world.
Kure is a module for Koger’s flagship NTAS platform for fund administration and compliance, which supports more than 8,000 funds with USD2 trillion in assets. It also works as a standalone product.
Kure, which stands for Koger’s Universal Regulatory Engine, provides risk-based global regulatory compliance, with investor tracking, classifying and reporting to adhere to anti-tax evasion legislation and anti-money laundering regulations. These include the
When it comes to cybersecurity, the list of potential gaps is expansive ranging from technology to human. To help identify where your firm may be lacking, here is a list of the top 10 most commonly identified gaps found during an IT audit/risk assessment.
Top 10 IT Security Gaps
Risk Management and Governance
IT Asset Management
Vulnerability Assessments
Patch Management
Social Engineering & User Training
Business Continuity Planning
Multi-Factor Authentication
Third Party Vendor Management
User Provisioning and Management
Incident Response Planning/Procedures
Risk Management and Governance – Responsibility and accountability for risk management starts in-house – and at the top. Even
Colt Technology Services has opened a point of presence (PoP) in Marseille – an increasingly important hub location for carriers and organisations looking for a high bandwidth connectivity gateway connecting Europe with Asia, Africa and the Middle East.
With IP traffic in the Middle East and Africa set to grow six-fold from 2015 to 2020 to 10.9 Exabytes per month, and IP traffic in Asia Pacific set to grow three-fold to 67.8 Exabytes per month over the same period, Colt is addressing customer demand for both point-to-point and geographically diverse high bandwidth transit between Europe, Africa, the Middle East and
StatPro Group, an AIM-listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has joined the Cloud Security Alliance (CSA), an organisation dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment.
StatPro launched the industry’s first cloud-based portfolio analytics platform in 2011.
StatPro Revolution is a cloud-based performance and risk analytics solution using advanced cloud technologies with multiple providers in global locations.
Client data and information security is a critical component when offering a cloud-based service to the global investment management industry. Joining the
Societe Generale Securities Services (SGSS) is contributing to a new model, Euronext Fund Service, to facilitate investments in funds for domestic and international investors.
Launched by Euronext and available starting 15 May 2017, the new service will enable institutional and retail investors to place subscription/redemption orders, in a simplified and automated manner, through their brokers for open-end funds that are registered or passported in France.
As a fund agent registered with Euronext, SGSS will process orders placed by investors through their brokers, from order reception to settlement.
Parallel to initiatives such as the FROG Working Group which promote
ACOLIN has merged its IT, data and web support activities in a new subsidiary – ACOLIN InfoTech.
The new subsidiary will provide ACOLIN customers with future-oriented services in the field of international fund distribution.
For asset managers with an international alignment, access to investors is becoming increasingly difficult, more complex and more expensive. New regulations – for example MiFID II in the EU or the forthcoming FIDLEG in Switzerland – usually bring about new obstacles for international sales.
While target investors are still able to choose from a broad range of products, the latter is getting more and
The way that fund managers protect their data goes far beyond thinking about the four walls of their office. The way we work has revolutionised in recent times, as technology advances, especially cloud technology, redefining what the workplace actually is. With wifi, cloud platforms, and mobile phones, a hedge fund CEO could, if they wished to, run their business from a beach in Martinique. But with every upside there is always a downside. And today, that means that protecting one’s perimeter has become a far greater challenge.
The enormous flow of data between fund managers and their service providers, combined
Esprow has launched ETP GEMS, a global exchanges and markets simulation platform, to enable market participants to test trading algorithms’ design and functionality, as well as venue connectivity, and to comply with the latest MiFID II requirements.
The latest MiFID II regulatory technical standards (RTS) require financial firms to test all algorithms and certify connectivity with counterparties and trading venues, prior to market use.
ETP GEMS allows brokers to test trading algorithms independent of the trading venue, enabling them to carry out required MiFID II assessments easily and efficiently.
The service can also be deployed by exchanges
Euronext is launching Euronext Fund Service in Paris, a complementary solution for investing in open-end funds (UCITS and AIF) registered or passported in France.
It offers institutional and retail investors a simplified, automated cost-efficient subscription/redemption service to invest in funds through their brokers.
Euronext Fund Service will be launched on 15 May 2017, starting with AXA IM, Ecofi Investissements, Natixis AM and OFI AM funds. Other asset managers including Commerzbank and La Française Investment Solutions will join Euronext Fund Services in the weeks following its launch.
Euronext Fund Service is designed to meet industry professionals’ needs for an
By Eze Castle Integration – There’s a lot to fear in the cyber world and hackers’ techniques are only getting more advanced. Their weapons of choice vary in scope and substance, but regardless of the threat actor, investment management firms must employ rigid and resilient protections to ward off the equally sophisticated cyber threats that continue to surface.
We recently surveyed a group of financial investment firms to learn more about what they consider the most fearsome cyber threats to their businesses. Here’s why we think these are eliciting the most fear.
Unauthorised access or theft of data (31%) –
