Category : Risk Management

Fintech News Risk Management

OCC Implements Phase III of Financial Safeguards Framework

Fintech News Desk
by Fintech News Desk0
Enhancing its resiliency as a Systemically Important Financial Market Utility (SIFMU), OCC, the world’s largest equity derivatives clearing organization, announced that the U.S. Securities and Exchange Commission (SEC) approved Phase III of the company’s Financial Safeguards Framework (FSF) for liquidity on June 4, 2020. The approved changes were implemented on June......
Fintech News Risk Management

Lincoln Financial Group Names New Head of Finance and Actuarial for Group Benefits Business

Fintech News Desk
by Fintech News Desk0
Bram J. Spector Brings 20 Years of Industry Experience to the Role Lincoln Financial Group announced Bram J. Spector has joined the company in its group benefits organization as senior vice president, head of Finance and Actuarial. The Finance and Actuarial organization is responsible for partnering across the group benefits......
Fintech Fintech Funding News Risk Management

Intertrust Group: GPs Feel the Strain as LPs Push for More Transparency on Portfolio Performance and Fee Structures

Fintech News Desk
by Fintech News Desk0
Over four fifths (82%) of US private equity professionals expect investors to demand more transparency in reporting on portfolio company performance over the next 12 months, reflecting growing concerns over the impact of the COVID-19 pandemic. Read More: Strider Announces John Mullen, Former Assistant Director of CIA, Joins Company as......
Fintech News Risk Management

moneycorp Americas Announces Expansion into Canada

Fintech News Desk
by Fintech News Desk0
The expansion will offer a full suite of global payment and FX hedging products to both private and corporate clients moneycorp Americas, a leading provider of global payments and currency risk management, announced their expansion into Canada with operations to serve private and corporate customers. moneycorp’s North American operations has......
Banking Fintech News Risk Management

Central Valley Community Bank Announces Retirement of Chief Credit Officer and Succession Appointment

Fintech News Desk
by Fintech News Desk0
Patrick A. Luis has been appointed new EVP, Chief Credit Officer, succeeding veteran banker, Patrick J. Carman James M. Ford, President and Chief Executive Officer of Central Valley Community Bancorp (Company) and Central Valley Community Bank (Bank), announced the appointment of Patrick A. Luis to Executive Vice President, Chief Credit......
Banking Business Fintech News Risk Management

Deutsche Bank And Google To Form Strategic Global, Multi-Year Partnership To Drive A Fundamental Transformation Of Banking

Fintech News Desk
by Fintech News Desk0
 Deutsche Bank and Google Cloud have agreed to join forces and form a strategic partnership that aims to redefine how the bank develops and offers its financial services. The partnership is unique in that it will not only deliver cutting edge cloud services to Deutsche Bank, but also enable co-innovation......
Fintech Investment Services News Risk Management

The Hartford Names Amy Stepnowski Chief Investment Officer, President Of Hartford Investment Management Company

Fintech News Desk
by Fintech News Desk0
The Hartford has appointed Amy Stepnowski to the positions of Chief Investment Officer of The Hartford and President of Hartford Investment Management Company (HIMCO) effective Aug. 1. She will succeed Brion Johnson who will remain with the company in an advisory capacity through the end of the year. Read More: bitFlyer:......
Artificial Intelligence Business Fintech News Risk Management

ITC Secure and Identity Experts Announce Partnership to Offer Microsoft-Backed Managed Security Services

Fintech News Desk
by Fintech News Desk0
ITC Secure forms new strategic partnership with Identity Experts to expand managed security services and cyber security offerings ITC Secure (ITC), the managed security services provider (MSSP) and specialist advisory firm, and Identity Experts, Microsoft Gold Partner for Security, have formed a strategic partnership to offer fully managed security services......
Fintech News Risk Management

DDoS Attacks Increase 542% Quarter-over-Quarter amid Pandemic, According to Nexusguard Research

Fintech News Desk
by Fintech News Desk0
In the first quarter of the year, DDoS attacks rose more than 278% compared to Q1 2019 and more than 542% compared to the last quarter, according to Nexusguard’s Q1 2020 Threat Report. Researchers attribute the sharp rise in incidents to malicious efforts during the COVID-19 pandemic, causing DDoS attacks to interrupt......
Fintech News Risk Management

Awake Security Introduces Powerhouse Advisory Board

Fintech News Desk
by Fintech News Desk0
Enterprise and Public Sector Leaders Selected to Bring Unique Perspectives and Guide the Expanding Innovation at Advanced Network Traffic Analysis Company Awake Security, the only advanced network traffic analysis (NTA) company that delivers answers, not alerts, announced a cohort of enterprise and public sector leaders that have joined its advisory......
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