Lepus, SAS research: Data dilemmas plague bank compliance
July 9, 2014 - Increasing regulatory pressure requires banks to improve risk aggregation and reporting. Yet a majority struggle with data inconsistencies, says a recent Lepus Research and SAS survey. This technical hurdle was pinpointed by 81 percent of banks surveyed. More than half also face difficulties from separate risk systems and inflexible sources.
Digital currency exchange Atlas ATS strengthens KYC compliance with Strevus
June 24, 2014 - Strevus Inc., a provider of compliance lifecycle management solutions for financial service institutions, today announced that Atlas ATS, the New-York-based cryptocurrency exchange, is the first trading exchange to deploy the Strevus compliance solution to its exchange members offering them enhanced due diligence for high value transactions.
NICE Actimize Anti-Money Laundering Poll Finds Only 48 Percent of Financial Institution Respondents Believe They Have a Strong Culture of Compliance
June 18, 2014 - NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, has found that only 48 percent of poll participants believe that the financial institutions they work for have a strong culture of compliance, with 29 percent expecting change in their firms approach to AML compliance this year.
Wolters Kluwer Financial Services Releases List of Top 12 Tips for Effective Electronic Communications
June 12, 2014 - The Insurance Compliance experts at Wolters Kluwer Financial Services today unveiled a list of 12 key recommendations for implementing and managing a transition to electronic communications.
Charles River Launches Compliance as a Service
June 5, 2014 - Charles River, an enterprise-wide front- and middle-office investment management solution provider, today launched Charles River Compliance as a Service (Charles River CaaS), a cloud-based offering for asset managers that integrates software, data, and services in a hosted environment.
Markit agrees Compliance Technologies International acquisition
June 4, 2014 - Markit, a leading global diversified provider of financial information services, today announced that it has agreed to acquire Compliance Technologies International (CTI), a pioneer in tax compliance and reporting services.
Clearwater Analytics Announces Investment Policy Compliance Monitoring Enhancements
May 28, 2014 - Clearwater Analytics, a leading provider of integrated, web-based investment accounting and reporting solutions for insurance companies, today announced the release of new compliance product functionality to enhance existing monitoring capabilities. Clearwater now features a faster and more intuitive compliance interface that clients can rely on to easily monitor their investment policies.
Avalara adds bitcoin module to AvaTax compliance engine
May 22, 2014 - Avalara, a leading provider of cloud-based software that delivers a broad array of compliance solutions related to sales tax and other transactional taxes, announced today it has enabled the bitcoin module for its AvaTax compliance engine.
