Tagged: risk management

Switzerland’s Luzerner Kantonalbank Introduces FM Converge, the Risk Platform for Financial Institutions.

Luzerner Kantonalbank AG (LUKB), Switzerland’s 3rd largest cantonal bank, has rolled out FM Converge, the markets and risk platform for banks and financial institutions. FM Converge comes from Finmechanics Pte. Ltd., the Singapore headquartered fast growing software company. FM Converge is described as “a high… Read More

Digital Assets: Executives Involved in Managing Stablecoins, Digital Securities Expect Risks to Increase – Survey

Executives involved in managing digital assets like digital currencies, digital securities, and stablecoins expect digital asset risks to increase and the regulatory environment to become more complex in 2024, according to a recent Deloitte poll. Related investments at most organizations are expected to remain flat,… Read More

Fintech Hiline Announces Acquisition of Calculate, a Firm Supporting Financial Processes at Emerging Businesses

Hiline, a provider of financial-operations-as-a-service that helps growth-minded organizations manage risk, improve outcomes, and make better decisions, announced it acquired Calculate, a New York-based outsourced accounting and finance firm dedicated to supporting the financial processes at emerging companies. This strategic acquisition represents “a significant milestone… Read More

Lab49 and interop.io to Enhance Trading Experience for Portfolio and Risk Management Professionals

Specialist technology consultancy Lab49, an ION company, and interop.io, the interoperability provider for the finance industry, have announced a new joint implementation partnership in order “to modernize the trading desktop user experience for traders, portfolio managers, risk managers, and other financial professionals.” The new partnership… Read More

Digital Assets: Elliptic and The Ascent Group to Enable AML Due Diligence Framework for Crypto Transactions

Elliptic, the global firm focused on crypto-asset risk management, announced a partnership with The Ascent Group, an independent global fund administrator. The Singaporean company will leverage Elliptic’s real-time wallet transaction screening capability, which is “supported by Elliptic’s cross-chain and cross-asset Holistic Screening technology.” This suite… Read More

Feedzai Report: Over 80% of Organizations Across APAC are Using AI to Address Fraud

Feedzai, the world’s first RiskOps platform for financial risk management, and Chartis Research, leaders in risk technology research and insights, have released a joint report exploring how financial firms are responding to fraud in the APAC region. Leading the charge in the global fight against… Read More

Financial Crime Prevention: Feedzai and CoreCard to Protect Processing Market Against Fraud

Feedzai, the provider of financial crime and risk management solutions, has partnered with CoreCard, the international provider of prepaid and credit technology solutions and processing services to banks and the financial technology and services market. The partnership will enhance CoreCard’s fraud detection and prevention capabilities… Read More

Fintech Platform TS Imagine, Kayenta to Provide Treasury Management Services to Hedge Funds

TS Imagine, the global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, and Kayenta, a hedge fund Treasury Management System provider, announced a partnership that will allow hedge fund clients to control their financing relationships “across their portfolios through TS Imagine’s… Read More

Swiss-Licensed Reinsurance Firm Toa Re Europe Selects CyberCube to Enhance Risk Management Capabilities

CyberCube, the market participant focused on cyber risk analytics, announced that Toa Re has licensed its Portfolio Manager platform in order “to support its cyber book and to achieve best practice risk management solutions.” Toa Re Europe is “a Swiss-licensed reinsurance company established in 2002… Read More

Accenture Acquires Spain’s Cybersecurity Firm Innotec Security

Accenture (NYSE: ACN) has acquired Innotec Security, a privately held company specializing in cybersecurity-as-a-service, cyber resilience and cyber risk management, expanding its capabilities and footprint in Spain. Innotec Security was previously owned by parent company Entelgy Group. Financial terms were not disclosed. Founded in 2002… Read More

Fintech Platform TS Imagine Launches Analytics Updates to Enhance Compliance

TS Imagine, the global, cross-asset provider of real-time trading, portfolio, and risk management solutions for financial institutions, announces the availability of a module within TradeSmart OEMS and TS One that reportedly “streamlines Best Execution compliance and reporting.” The module and analytics dashboard provides traders “with… Read More

TS Imagine, Cassini Systems to Provide Intelligent Margin, Collateral Derivatives Analytics to Prime Brokers

TS Imagine, the global, cross-asset provider of real-time trading, portfolio, and risk management solutions for financial institutions, and Cassini Systems, the provider of pre-and post-trade margin and collateral analytics for derivatives market participants, announce a strategic partnership that “will see enhanced, intelligent margin and collateral… Read More

Wealth Management Solutions: TS Imagine Launches WealthSmart, a Multi-Asset Class Solution for Private Banks

TS Imagine, the global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, introduces WealthSmart, an innovative, all-in-one system developed for private banks and wealth managers. The wealth management industry has “experienced a seismic transformation this year, driven by consolidation, shifting investor… Read More

Crypto Risk Management: Elliptic Integrates with Provenance Blockchain to Support On-Chain Compliance Infrastructure

Elliptic – which claims to be the global leader in crypto-asset risk management – is pleased to announce that it is collaborating with Provenance Blockchain Foundation in order “to integrate the Provenance Blockchain into its wallet intelligence tool.” With Elliptic Lens, companies transacting on the… Read More

Digital Assets: Elliptic, OpenEden Labs to Focus on Crypto Compliance at Scale

Elliptic – the global leader in crypto-asset risk management – is proud to announce that it has been selected by OpenEden Labs Pte. Ltd. – a developer of real-world asset tokenization platforms – as a partner for the TBILL protocol, which is the world’s first… Read More

Fintech GTreasury, Convera to Provide Integrated Payments Offerings

GTreasury, a treasury, payments, and risk management software provider, and Convera, the largest non-bank global B2B payments provider, announced a partnership to offer an integrated payments service on GTreasury’s treasury management system (TMS) software. A key player focused on streamlining B2B cross-border payments, Convera is… Read More

Provenir names Rich Kern to senior role

Provenir, a provider of data and AI-powered risk decisioning software, this week announced the appointment of Richard Kern as senior vice president of Global Professional Services. The head of Provenir’s global professional services team, Kern is charged with overseeing client delivery services. That includes implementation… Read More

Regtech ComplyAdvantage Introduces KYB Verification with “Flexible” Risk Scoring

One of the biggest challenges faced by regulated and non-regulated companies is assessing whether or not another business is “safe to work with,” according to an update from ComplyAdvantage. Existing approaches rely “on manual research across multiple siloed sources.” This is time-consuming and “fails to… Read More

Blockchain Adoption: Elliptic, Current Consulting Group to Support Crypto Risk Management at Scale in Hong Kong

Elliptic – which claims to be the global leader in cryptoasset risk management – is proud to announce that it has been selected by Current Consulting Group as the trusted blockchain analytics provider to fulfil its crypto compliance requirements. Current Consulting Group is “an independent… Read More

Feedzai Introduces Fraud Detection Engine, Leveraging AI to Defend Consumers from Financial Crime

Feedzai, a provider of financial crime and risk management solutions, is introducing Railgun, its next-generation AI engine designed to target and intercept financial fraud before it can occur. In order to scale, today’s risk engines force financial institutions to limit the data they use to… Read More

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