Basel Committee investigates fintech implications for banks and supervisors
The rise of fintech is set to fundamentally change the financial services industry, forcing banks to change their operating models and requiring regulators to adapt to address risks while promoting innovation, says a new paper from the Basel Committee on Banking Supervision.
Global VC fintech investment attracts $6.5 Billion in H1 2017
Global VC investment for FinTech in H1 2017 attracted $6.5 billion of VC investment with 787 deals, a 45% decrease year on year, according to statistics compiled through Pitchbook by Innovate Finance, the not-for-profit membership association for global FinTech.
Annual Study Finds Investment Firms Increase Operations and Technology Spending in 2017
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced the top findings from AUG The Exchange's Asset Management Operations and Compensation Study for 2017, sponsored by Investment Advisor Association and SS&C Advent. The study tracks key industry trends in technology and operations spending, as well as employee compensation across key positions.
New Research Reveals Buy-Side Firms Investment in Data, Cloud and Emerging Tech to Improve Insights and Drive Growth
Sapient Consulting, an integrated network leveraging technology to enable transformation across industries, today announced new research to understand how emerging technologies are transforming data management at buy-side firms.
Global VC investment in FinTech up 10.9% to $17.4 billion in 2016 while UK VC investment down 33.7% reveals Innovate Finance
Overall global VC investment for financial technology (FinTech) increased by 10.9 % to $17.4 billion in 2016 with 1,436 deals in total according to statistics compiled through PitchBook by Innovate Finance, the not-for-profit membership association for global FinTech. This level of funding surpassed the 2015 total of $15.6 billion.
Calastone research shows rise of technologists at board level
Calastone, the global fund transaction network has today launched a new whitepaper, “The accelerating power of technology: lessons for the future of fund distribution.” Within the paper, research conducted by Calastone demonstrates that structural changes are being made to include technologists in the makeup of boards and senior management teams across the FTSE-100. This development, Calastone writes, is due to the ever-growing importance of technology as a driver for business strategy and innovation.
Confluence Survey Reveals Asset Managers Prioritizing the Need to Improve Process Automation & Manage Regulatory Reporting
Asset management professionals continue to prioritize back-office automation and managing increased regulatory reporting, according to the 2016 Asset Management Industry Trends Survey released today by Confluence, a global leader in investment data management automation for regulatory, financial and investor reporting.
Regulatory uncertainty drives insurers towards more agile hosted technology
Insurer adoption of cloud hosted 'Software as a Service' (SaaS) technology is set to grow as a response to unprecedented regulatory change, according to new research from insurance technology specialist, SSP. 82% of insurers are considering deploying SaaS technology within their business in some form, with 55% citing its ability to enable them to respond to regulatory changes as the overall the most recognised benefit.
