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Wall Street & Technology September 23, 2005 |
Basel II Falls Flat Despite increased efforts, banks are less certain about the benefits of Basel II compliance, according to a recent survey. |
Bank Systems & Technology June 1, 2004 Lisa Smith |
Regaining a Positive Attitude Bankers are feeling better about the economy and their business prospects - and that's translating into renewed IT activity and spending. |
Bank Systems & Technology February 5, 2009 Maria Bruno-Britz |
Deloitte Says Financial Crisis May Lead to Security Crisis for Banks Problems with liquidity and customer retention aren't the only challenges that banks will face in 2009. The pressures brought on by the financial crisis are actually increasing banks' vulnerabilities to data breaches. |
Bank Technology News October 2008 Kyle Duckers |
Strategic GRC Yields Clear Payback Can a financial institution's governance, risk and compliance effort be a strategic tool, or is it simply a cost of doing business? Can best practices actually improve shareholder value? These are important questions that some financial services executives continue to ponder. |
U.S. Banker November 2007 Patrick Conte |
Embrace This Acronym: IT GRC. It Could Save Banks a Bundle. Used to describe the interdependent disciplines of governance, risk and compliance, GRC refers to the people, processes and technology banks invest in to comply with regulations and manage risk as part of effective corporate governance. |
Bank Systems & Technology May 31, 2004 Cynthia Ramsaran |
Banks Go Beyond Budgets For Compliance Many financial institutions are overspending by duplicating compliance and disaster recovery efforts. |
Wall Street & Technology August 22, 2006 |
IT Not Aware of GRC Needs Says Compliance Pros A survey of more than 200 governance risk and compliance professionals, 37.8% of whom represent financial services companies, reports that the majority of respondents believe their IT departments aren't meeting the GRC needs of the business. |
Bank Systems & Technology September 10, 2009 Gwenn Bzard |
Bank CIOs Remain Cautious With Spending, Says Exclusive Survey Research conducted by Aite Group shows that some banks will be pulling back on their IT spending in the near future, but don't expect a surge in offshoring. |
CIO July 1, 2005 Edward Prewitt |
Sox Compliance Now Business as Usual The effect of the Sarbanes-Oxley Act (Sox) on IT budgets is already receding, as compliance becomes just another cost of doing business, according to recent reports. |
CIO May 15, 2006 Diann Daniel |
Regulation's Silver Lining John Hagerty, vice president of research with AMR, says regulatory mandates have put a new spotlight on IT as a means to mitigate business risk. |
Bank Systems & Technology June 1, 2005 Phil Britt |
Missed Opportunity Though Sarbanes-Oxley, Basel II and revisions in state and federal banking laws continue to increase the time and cost commitment banks must make for compliance, there are ways to mitigate the burdens of regulatory requirements and even improve operations. |
Bank Systems & Technology February 22, 2007 Nancy Feig |
A Happy Marriage: Finding the Right Technology Mate for Compliance Programs Banks are turning to GRC software platforms to maximize compliance technology's effectiveness and gain greater return on investment. |
Bank Technology News November 2004 Holly Sraeel |
Taking a Closer Look Into IT Governance Globally The strategic value of IT governance isn't lost on the financial services industry, yet until recently no entity had a beat on whether institutions globally are making inroads in the area. |
Wall Street & Technology July 1, 2005 Maria Santos |
Top 5 Risk Initiatives Financial institutions have a lot to focus on in the risk department. Here are this year's top five risk initiatives. |
Wall Street & Technology June 20, 2008 Cory Levine |
MEGA Improves Its GRC Suite Version 3.0 of MEGA International's governance, risk and compliance software offers solutions designed to appeal to different types of users and ensure integration with current systems. |
Bank Systems & Technology August 30, 2005 Phil Britt |
Comprehensive Controls The better control a bank has on its risk exposure, the better its opportunity for profitability. Still, many financial institutions continue to struggle to establish enterprisewide risk management controls that provide a true picture of risk across the organization. |
Bank Technology News April 2006 Michael Sisk |
Compliance: The New Rule Book Is Still Like A Maze There are so many new regulations that banks are having difficulty organizing their corporate structure to ensure these new rules are being adequately followed. |
Bank Technology News January 2006 |
Better Info Security Driven By Regulatory Compliance If information security is to become a strategic priority, then banks can start by reviewing existing practices -- their own and that of those companies with which they do business. |
Wall Street & Technology March 1, 2004 |
Institutions Find it Tough to Meet Sarbox Deadline As the first deadline for Sarbanes-Oxley compliance of June 15 nears, financial-institutions are finding that complying is more difficult than they had anticipated |
Bank Technology News April 2004 |
By The Numbers When it comes to compliance technology spending, internal IT remains the biggest investment for financial institutions. But more firms are opting to buy rather than build. |
Bank Technology News September 2001 David Rountree |
Bank Technology Executives Say Downturn Provides Time to Re-Focus On Fundamentals A slowing economy replaces a do-it-all (preferably by yesterday) approach with renewed attention on IT 'essentials'... |
Wall Street & Technology May 25, 2005 Maria Santos |
Risky Business By formally introducing operational risk into risk management and capital calculation, Basel II is moving top-tier financial institutions to clearly identify, measure and report information related to operational risk. |
Wall Street & Technology November 19, 2007 Melanie Rodier |
Asia Tops World for Money Laundering Risk A global survey of senior anti-money laundering compliance officers identified Asia as the region currently experiencing the greatest increase in money laundering risk. |
InternetNews May 28, 2004 Sean Michael Kerner |
Financial Firms in Hackers' Crosshairs A new survey says IT security attacks on financial institutions have doubled. |
IndustryWeek April 1, 2009 David Blanchard |
The Road to Recovery Goes Through IT Companies look to IT departments to improve their operational efficiency. |
CFO January 1, 2009 John Edwards |
A Defining Moment Stung by charges that customers never saw risks coming, vendors of governance, risk, and compliance software are rebuilding their image. |
InternetNews March 5, 2007 Michael Hickins |
Oracle Hot For Governance Governance, risk and compliance is emerging as a major center of investment, and Oracle won't leave the field to SAP. |
Wall Street & Technology February 15, 2007 Cory Levine |
Paisley Consulting Released Its Enterprise GRC Platform To help firms break down the barriers between audit, risk and compliance groups, Paisley Consulting released its Enterprise GRC (governance, risk and compliance) platform. |
IndustryWeek February 1, 2009 David Blanchard |
IT Budgets Are Sliding, But Not Drastically Only 35% of U.S. and Canadian organizations surveyed in 2008 reacted to the stock market turmoil by cutting IT operational spending. |
Insurance & Technology September 14, 2004 |
The Financial Services 40: Tracking Innovation In Financial Services The traditionally risk-averse insurance industry is discovering that innovation is not such a scary concept. The firms that are able to deploy technology in innovative, customer-focused ways consistently have a competitive advantage generating profits and building market share. |
CFO September 1, 2007 Scott Leibs |
One for Three Should governance, risk management, and compliance be tackled as one problem, or is this a classic case of scope creep? |
AFP eWire April 28, 2009 |
Foundations Plan to Shrink Grants The number and size of foundation grants will likely decrease this year, and grants for upstart organizations will be hard to come by, according to a study by the Foundation Center. |
Wall Street & Technology June 28, 2005 Maria Santos |
The Shift to Holistic Compliance As U.S. financial institutions feel the burden of complying with a multitude of regulations, forward-thinking firms are examining ways to use their existing technology for more than one compliance initiative. |
Bank Systems & Technology August 4, 2004 Katherine Burger |
Hedging Their Bets Business technology executives in the financial services sector continue to be positive, but increasingly cautious, about the possibility of an economic recovery in 2004. |
IndustryWeek November 1, 2008 |
Capital Budgets for IT Hit the Wall For 2008 the top IT spending is on improving service level performance. |
Wall Street & Technology February 12, 2004 |
Outlook 2004: Compliance Tops the Charts Never before has Wall Street faced so many new regulations with major technology implications. |
Bank Technology News May 2007 |
The Six Regulatory Areas That Are Altering Bank Life Regulation is a part of bank life. Failure to comply shouldn't be. |
Bank Technology News April 2009 Rebecca Sausner |
Compliance, IAM Top Security Plans Security regulatory compliance and identity and access management were the top two security initiatives in financial services in 2008, just as they were the year before. |
Wall Street & Technology February 23, 2008 Cory Levine |
Compliance Costs Grow Faster Than Net Income According to New York-based Deloitte & Touche's Deloitte Center for Banking Solutions, compliance costs are eating up more and more of firms' net income, due to applying human resources to monitor regulations. |
Bank Technology News August 2010 Edward W. Powers |
Convergence As a Cyberwar Weapon Banks and businesses should consider restructuring the way they protect themselves, their computer systems and their customers. |
Bank Systems & Technology December 1, 2003 Cynthia Ramsaran |
Newer Regulations Keep Banks On Their Toes When it Comes to Content Compliance demands highlight need for enhanced content management strategies. |
Bank Systems & Technology May 24, 2007 Nancy Feig |
Banks Make Headway Towards Basel II While international banks have made considerable progress toward complying with the provisions of Basel II, US banks still are waiting for the final rules. But that isn't keeping them from reexamining their risk management technologies. |
Wall Street & Technology March 21, 2006 |
Basel II Progress Varies by Region When it comes to implementing Basel II compliance technologies, financial institutions' progress is all over the map: Europe is leading the race to comply... U.S. progress has been slowed due to uncertainty about the format and deadline... |
Bank Technology News November 2003 Holly Sraeel |
Getting Serious About the Obvious in 2003 For those responsible for IT initiatives at banks, there was a determined sense of getting serious about accomplishing the obvious -- no glamour, no glory. Just the fundamentals of systems integration, decision support, security, compliance and the dilemma of outsourcing. |
Bank Systems & Technology December 19, 2007 Nancy Feig |
Major Canadian Banks Become Basel II Compliant IT vendors that helped major Canadian banks achieve Basal II compliance are passing on their knowledge to smaller Canadian and US banks. |
Bank Systems & Technology February 10, 2004 Bill Bradway |
"Wait and See" No More 2004 is not the year for bank technology executices to sit on their hands. Hitting full stride are enterprise-performance management, risk management, channel renewal and fraud management. |
Insurance & Technology June 16, 2004 Julie Gallagher |
Look On the Bright Side Rather than letting the clouds of regulation rain on their operations, insurers that look for compliance's silver lining have an opportunity to improve their business processes. |
CIO September 15, 2005 Scott Berinato |
The Global State of Information Security 2005 A worldwide study reveals a digital landscape ablaze, with thousands of security leaders fighting the flames. But amid the uncertainty and crisis management, there's an oasis of strategic thinking. |
InternetNews March 15, 2004 Clint Boulton |
IBM Package Looks to Stop Risky Business Package geared to cut down on credit risks in banks, according to European Basel II regulations. |
Wall Street & Technology February 4, 2005 Maria Santos |
Compliance As the Securities and Exchange Commission steps up its efforts to regulate the industry and protect investors, financial institutions must take proactive measures to comply with current and possible future rules before the SEC takes action against them. |