Operational resilience is high on the regulatory agenda in the UK. A joint discussion paper in 2018 took a broader view of operational resilience to cover all risks to the provision of critical business services with a greater emphasis on recovery and response when incidents occur. Regulators now place the same importance on operational resilience as on financial resilience. This represents a fundamental shift that companies are at different stages of addressing. Based on discussions with clients and regulators here are ten conversations to help guide you through this new landscape.
In this web seminar you'll learn how RES Software will help to find the perfect balance between your needs and those of your clinicians, administrators and regulators. Healthcare professionals will be able to access applications and data in any system, via multiple devices and from wherever they need: operations rooms, wards, clinics or even at home, without putting compliance requirements at risk.
Published By: Quocirca
Published Date: Mar 06, 2007
Quocirca conducted two surveys separated by 12 months that looked at the data management infrastructure of UK and Irish businesses and how this was linked to their ability to respond to the whims of the regulators. In the year between the two surveys a lot had changed.
Does your business need to safeguard information, keep auditors and regulators satisfied, and improve data quality? Data governance is the answer. This informative video outlines the latest challenges and best practices in data governance. IBM data governance solutions help businesses with:• Audit and reporting • Data architecture/infrastructure • Data quality • Information lifecyle management • Metadata/business glossaries • Organizational design/development • Policy/risk management • Security/privacy/compliance • Stewardship/value creation
Today financial services institutions must meet the standards for data quality attestation by the FFEIC regulators of risk reporting. This paper discusses the platform and domain expertise needed to support the rigorous demands of commercial and retail risk reporting.
Download your Definitive Guide to Policy Management for real-world examples of companies avoiding litigation and penalties by having a well thought out compliance programme. Organisations that approach policy management strategically and exercise ruthless discipline with respect to their policies yield massive returns in organisational alignment, corporate culture, and ultimately their bottom-line results.
And when incidents occur or regulators come knocking, you'll be prepared.
Compliance is high on the IT agenda today, yet no one seems to have a clear picture of what it really involves. Inconsistent interpretation by different auditors, regulators and vendors means what worked in one year's audit could fail in the next. This whitepaper is designed to help Demystify Compliance as it relates to IT and give you some simple recipes for analyzing your own environment in the light of specific mandates.
Published By: FICO EMEA
Published Date: Jan 25, 2019
As telecom markets become more saturated and competitive, your customer decisions must become more precise. As regulatory oversight expands, they must be demonstrably fair to consumers and explainable to regulators. Across the credit lifecycle, these more targeted decisions should be aligned with regulatory requirements.
Download the Product Sheet and help your company drive performance improvements by making predictably, consistently better decisions across your credit lifecycle.
The asset and fund management industry has grown signifcantly in the last decade, with surveys indicating about 65 percent growth since 2007, to over USD 80 trillion in assets under management worldwide.
As its importance to the world financial system – linking those with money to invest with enterprises and activities that require funding – is increasingly recognized, so both the industry and the regulators that police the sector become more prominent.
The industry and regulators are coming under pressure from a range of “external” voices – demanding investors and consumer groups, clamoring political and economic needs, changing priorities and hopes of civil society, an increasingly noisy press, the explosion in social media and the rapid growth of new technologies.
This sea of voices is directly influencing the regulatory agenda and increasing expectations on the industry. A fundamental rethink of firms’ mindset and investment offerings is required.
Partnering with Spectrum Enterprise sustains client loyalty by instilling confidence in how the bank operates, provides superior network service level agreements that ensure minimal downtime and assures smoother state and FDIC audits thanks to cybersecurity safeguards such as built-in redundancy and private network service.
Published By: Red Hat
Published Date: Mar 26, 2019
The rise of digital platforms and their rapid adoption by customers has created significant opportunities for financial service organizations. Industry leaders are capturing additional revenue streams
and creating new value chains by investing in this distribution channel. Regulators are also encouraging participation in open banking through either guidance or mandate, aiming to improve competition in the financial services marketplace. Lastly, the pace of technical innovation is reducing
the barrier to market entry, driving interest in open banking by incumbents and challengers alike.
However, the full value of open banking might be not always be so clear. Below are five benefits for
organizations that embrace open banking.
Published By: BlackLine
Published Date: Aug 06, 2018
There is no getting away from it – keeping up with compliance and
control is a constant challenge. It is something that is mandated on organizations and in the aftermath of many financial crises there is little sympathy for organizations that do not comply with the demands of their industry regulators.
For many years, traditional businesses have had a systematic set of processes and practices for deploying, operating and disposing of tangible assets and some forms of intangible asset. Through significant growth in our inquiry discussions with clients, and in observing increased attention from industry regulators, Gartner now sees the recognition that information is an asset becoming increasingly pervasive. At the same time, CDOs and other data and analytics leaders must take into account both internally generated datasets and exogenous sources, such as data from partners, open data and content from data brokers and analytics marketplaces, as they come to terms with the ever-increasing quantity and complexity of information assets. This task is clearly impossible if the organization lacks a clear view of what data is available, how to access it, its fitness for purpose in the contexts in which it is needed, and who is responsible for it.
Banks today are continuously challenged to meet rigorous regulatory
requirements. They must implement strict governance programs that
enable them to comply with a wide variety of regulations stemming
from the financial crisis that began in 2007, including the DoddFrank
Act, Basel Committee on Banking Supervision regulations, the
General Data Protection Regulation (GDPR), the Revised Payment
Services Directive (PSD2) and the revised Markets in Financial
To keep pace with regulatory changes, many banks will need to
reapportion their budgets to support the development of new systems
and processes. Regulators continually indicate that the banks must be
able to provide, secure and deliver high-quality information that is
consistent and mature.
Many new regulations are spurring banks to rethink how data from across the enterprise flows into the aggregated risk and capital reports required by regulatory agencies. Data must be complete, correct and consistent to maintain confidence in risk reports, capital reports and analytical analyses. At the same time, banks need ways to monetize, grant access to and generate insight from data.
To keep pace with regulatory changes, many banks will need to reapportion their budgets to support the development of new systems and processes. Regulators continually indicate that the banks must be able to provide, secure and deliver high-quality information that is consistent and mature.
Published By: Tripwire
Published Date: Jun 30, 2009
Find out whether your health company's network systems are well enough to pass an internal security checkup, or are running the risk of a much more invasive examination by federal regulators and plaintiff's lawyers.
Published By: Intralinks
Published Date: Apr 13, 2015
In the wake of the 2008 financial crisis, financial institutions are faced with increasing scrutiny from government regulators. The Dodd-Frank act was passed in response to the disaster, creating the Consumer Financial Protection Bureau and mandating 398 new rulemakings, many of which remain to be finalized. In light of these events financial services organizations are increasingly relying on Intralinks® as the most secure way to control sensitive information when collaborating within and outside their organizations. Intralinks meets the strictest security, auditability, and compliance requirements of regulated entities around the world – regardless of business complexities.
Download this white paper to learn how Intralinks VIA for Financial Services can help you control your communications with regulators and other third parties.
Published By: Ipswitch
Published Date: Dec 01, 2014
The third largest US-based provider of inter-bank transaction services offers a Financial Services case study illustrating the automation of over 1,100 tasks by MOVEit Core and MOVEit Central for managing financial transactions. MOVEit File Transfer to manage file transfers to client banks, regulators, and other financial institutions. Companion product MOVEit Central to
automate file-based business processes.
Published By: Mimecast
Published Date: Apr 13, 2018
On the 13th February 2017, the Privacy Amendment (Notifiable Data Breaches) Act was passed in the Australian
Parliament, introducing a mandatory notification regime. This bill commences on the 23rd February 2018 and will
require organisations to notify data subjects and regulators in the event of an “eligible” data breach.
An “eligible data breach” will occur where:
? There is unauthorised access to, or unauthorised disclosure of, the information; and
? A reasonable person would conclude that the access or disclosure would be likely to result in serious harm to
any of the individuals to whom the information relates
The amended legislation provides greater clarity to Australian citizens about the privacy of their personal information
and will affect Australian companies as well as international organisations with Australian operations.
It also means that businesses must carefully think about the practical issues related to data breach responses
and the disruptive consequences of any un
Data breaches are bad for business, so every enterprise needs security. In the past this was expensive, because security products were designed for companies with deep pockets and teams of experts. But that's changed. New 'cloud based' services, such as those offered by Qualys, are fast to deploy, safe and easy to use. What's more they're even more affordable. With growing demands from customers and regulators for security, now is a good time to invest in security. Leading cloud-based security services deliver a professional level of security assurance in a form that fits the circumstances and pockets of small businesses.
Published By: Mimecast
Published Date: Apr 13, 2018
On the 13th February 2017, the Privacy Amendment (Notifiable Data Breaches) Act was passed in the Australian Parliament, introducing a mandatory notification regime. This bill commences on the 23rd February 2018 and will require organisations to notify data subjects and regulators in the event of an “eligible” data breach.
Mimecast’s proven portfolio of cloud-based, security and cyber resilience services for email can be a vital component of any organisation’s Notifiable Data Breaches compliance strategy
Credit Union Times is the nation's leading independent source for breaking news and analysis for credit union leaders. For more than 20 years, Credit Union Times has set the standard for editorial excellence and ethical, straight-forward reporting.