Swift boosts compliance services portfolio with Omnicision acquisition
March 27, 2014 - Swift has acquired financial crime prevention services firm Omnicision as it continues to build up its compliance unit. Financial terms of the deal were not disclosed.
March 27, 2014 - Despite an apparent ease in fears of a systemic risk event happening in the next 12 months, a recent survey conducted by The Depository Trust & Clearing Corporation (DTCC) revealed that a vast majority of financial firms have increased spending on systemic risk mitigation.
March 26, 2014 - Recent publicised data breaches are having an impact on the operations of financial institutions, according to a recent survey by ACI Worldwide (NASDAQ: ACIW). The survey of U.S.-based financial industry professionals was conducted in March 2014 at BAI Payments Connect and reports that 44 percent of customer accounts have been compromised.
March 26, 2014 - PCI security vendor Trustwave has been accused of failing to detect vulnerabilities in Target's handling of credit card data ahead of last year's data breach, according to a law suit filed by Trustmark National Bank of New York and Green Bank of Houston.
March 26, 2014 - Attendees at Investit's 19th Intelligence Conference held on 12th March identified their key priorities for 2014. The conference focused on delivering Investit's industry leading research on Effective Change Management in Investment Management and the Current State of Automation in the Front and Middle Office.
March 24, 2014 - The Californian Department of Motor Vehicles is investigating a potential security breach within its credit card processing services.
March 21, 2014 - New research released by HCL Technologies Ltd (HCL), a leading global IT services provider, has revealed that Application Support & Maintenance (ASM) now accounts for 34% of financial sector organizations' overall IT budget each year. The survey of 45 CIOs from the financial services sector further revealed that the cost of maintaining and supporting applications was increasing year on year for 87% of respondents, while over the last 12 months, financial sector organizations have on average seen a 27% increase in support tickets for ASM.
March 19, 2014 - Good morning. Thank you for having me. I commend SIFMA on organizing this seminar dedicated to discussing President Obama's Executive Order 13636 and the cybersecurity framework published by the National Institute of Standards and Technology (NIST).
