Latest Operational risk News: Finextra Research

Australian central bank assures public after outage

Full service has resumed at the Reserve Bank of Australia (RBA) after it suffered a power outage on Thursday.

30 August 2018

Traders under the #MeToo spotlight

Banks are increasingly turning to monitoring software in order to eradicate inappropriate behaviour on the trading floor.

29 August 2018

Company update/Operational risk

SmartStream introduces QA testing for collateral management

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced the addition of Quality Assurance (QA) testing as a service for its TLM Collateral Management solution.

29 August 2018

Company update/Operational risk

Nikko Asset Management selects FactSet for fixed income ops

FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services, announced today that Nikko Asset Management (“Nikko AM”) has selected the FactSet Linear Multi Asset Class (MAC) risk model to help manage risk across its global fixed income portfolios.

20 August 2018

Research/Operational risk

Digital Transformation: The New Dawn Belongs to Data

09 July 2018 637 downloads

News/Operational risk

UK government launches coding school

The UK government has launched a new body for training prospective coders in order to address an increasing digital skills gap.

22 June 2018

News/Operational risk

Trainee trader sues UK broker for £10m over trading platform mix-up

A French day trader is suing UK broker Valbury Capital after it voided the €10m profit he had accrued using what he thought was a demo version of its trading software but which turned out be a live account.

22 June 2018

News/Operational risk

Bank of Ireland hit by debit card failure

Customers of the bank of Ireland were hit with a debit card glitch on Thursday that left them unable to withdraw money or pay for goods.

22 June 2018

News/Operational risk

Collaboration in financial services is key in Latin America

Swift's Latin American Regional Conference in Miami had a clear focus on how new market entrants and developing technologies are dramatically changing the financial landscape in the region.

18 June 2018

News/Operational risk

Ripple exec says DLT not ready for banks...yet

A lack of scalability and privacy issues are preventing banks from using distributed ledger technology (DLT) to process cross-border payments, says a senior executive at one of the most prominent startups in the DLT space.

14 June 2018

Company update/Operational risk

Minium and Exactpro team up for software testing

Minium and Exactpro Systems Limited (Exactpro) today announced that they have entered into a partnership under which Exactpro will provide independent software testing of Minium’s Risk Management and Post-Trade processing systems.

12 June 2018

News/Operational risk

Live: Swift Latin American Regional Conference - day two

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2018, in Miami. This event will focus on important issues affecting the financial industry in the region, and how the financial community can seize the opportunities that are emerging.

06 June 2018

News/Operational risk

Live: Swift Latin American Regional Conference - day one

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2018, in Miami. This event will focus on important issues affecting the financial industry in the region, and how the financial community can seize the opportunities that are emerging.

05 June 2018

News/Operational risk

Challenger bank gives up licence to focus on IT platform

A UK challenger bank aimed at the SME business sector has opted to give up its banking licence in order to spend more time developing its IT infrastructure prior to its launch.

06 April 2018

News/Operational risk

Hacked Japanese crypto exchange sold for $34m

Coincheck, a Japanese cryptocurrency exchange that made news in January when hackers stole $500m of customers' deposits, has been sold to Japanese retail broker Monex for $34m (3.6bn yen).

06 April 2018

News/Operational risk

India's central bank issues cryptocurrency ban

The Reserve Bank of India (RBI) has banned regulated banks and its account holders from dealing in cryptocurrencies.

06 April 2018

News/Operational risk

SEC KO's Mayweather-backed ICO over fraud allegations

An initial coin offering (ICO) that raised $32m and was backed by celebrity boxer Floyd Mayweather has been dealt a knockout blow after the US Securities and Exchange Commission (SEC) arrested the company's founders for fraud.

04 April 2018

News/Operational risk

Commonwealth Bank hit by outage

Customers of Commonwealth Bank Australia (CommBank) have been left frustrated after a series of major outages left them unable to access their bank accounts.

04 April 2018

News/Operational risk

Swift Business Forum, Helsinki - live blog

Welcome to Finextra's live coverage of the Swift Business Forum Nordics 2018 in Helsinki. This event will focus on important issues affecting the financial industry in the Nordics, particularly on how both innovation and collaboration are key in the transformation of financial services.

06 March 2018

News/Operational risk

China regulator says fintech must serve real economy

One of China's senior financial regulators has stated that the government will only support fintechs that serve the real economy, casting further doubt on the future of virtual currencies and related technologies within China.

16 January 2018