Irish Wealth Manager Implements SunGard's Protegent

"It is vital to display corporate responsibility and identify potential market abuse. SunGard's Protegent solution provides the flexibility and functionality that we need to help manage the increasing regulatory requirements to perform timely an


Banks should outsource to avoid IT issues

Following the call this week from the FSA to challenge executives of the high street banks to show what actions they are taking to protect themselves from future IT outages, such as the RBS computer glitch earlier this year, the argument for outsourcing I


Axioma signs BlueCrest Capital Management

Axioma, a leading provider of decision support, risk analysis, portfolio rebalancing and performance attribution tools, today announced that BlueCrest Capital Management LLP, a leading alternative asset manager with more than $32 billion in assets under m


FSA 'asks banks for IT contingency plans'

The Financial Services Authority wants the main high street banks to detail their efforts to prevent a software glitch like the one that hit Royal Bank of Scotland in June, the Financial Times claimed.


Ashmore Investment Management goes live with Calastone

Joining the network is simple and does not require additional costly technology. Single point of entry to the market via Calastone is seamless and industry developments, such as the movement away from ISO 15022 messaging to the ISO 20022 standard, are eas


FSA challenges bank chairmen over IT

The letter to the nine largest banks and building societies from two senior Financial Services Authority executives also demands the names of senior managers who could be held personally responsible if information technology systems go awry.


Banks’ regulatory spend spurs Rule Financial’s growth

Despite many economists doubting banks’ IT spend this year (e.g. Celent predicted growth of just 2.8% in 2012), Rule Financial is continuing to expand globally. Rule Financial has found that regulatory pressure is a key driver for projects that it i


SS&C Launches CAMRA I-Risk

SS&C Technologies today launched CAMRA I-Risk for Insurance companies to address emerging Solvency standards by combining CAMRA’s sophisticated financial reporting capabilities with a state-of-the-art position-based stochastic simulation model.


Ulster Bank to pay €35m over IT glitch

The bank, which is owned by Royal Bank of Scotland, also said that it would waive certain fees and interest charges for three months – and, from Monday, will start reimbursing “reasonable” out of pocket expenses incurred by customers as