Financial Risk Management

This network brings together professionals involved in the oversight and management of their company's financial risks and exposures as well as solution vendors, in order to discuss risk issues including interest rate risk, foreign exchange risk and commodity price risk, among others.

Steve Dourdil Business Development at Kerv Collaborate

Compliance Recording Has Come Full Circle

It seems hard to believe that it was only 10 years ago that the FSA, as it was known back then, removed the mobile phone taping exemption from the call recording rules introduced in March 2009 with COBS 11.8. The initial legislation, designed primarily to tackle market abuse, required capital markets participants to capture and retain all relevant

30 September 2021 /regulation /crime

Richard Eaddy CEO at Hedgebook

No need to wait for the future of FX Management

We are surrounded by evidence of the changing world of banking and treasury. The level of online banking and all its supporting integrations with accounting and ERP systems delivers a remote working environment we never thought possible five years ago. The same is true in the world of FX management. The world has changed significantly and for ...

01 September 2021 /wholesale /markets

Nick Green Director at Purple Patch Broking Ltd

5 common misconceptions in credit data pricing

In this blog, we debunk the top five misconceptions that we hear from credit providers – the blockers that stop them from getting the best price for credit data. Did you know? Prices can vary by upto 500%. Even if you choose to stay with the same credit data provider, you can get more favourable terms by renegotiate mid-contract or at renewal. Plu...

15 June 2021 /payments /retail

Keith Stonell Managing Director, EMEA at Guidewire

Insurers as influencers: building a more sustainable, responsible, and equitable world

The seriousness with which insurers take Environmental, Social, and Governance (ESG) issues has come under increasing scrutiny in recent years. As both investors and underwriters, insurers occupy a central role in the global economy that gives them significant influence over the business activities of others. With the increasing risks associated ...

04 June 2021 /regulation /sustainable

Pj Rohall Fraud SME at Featurespace

Money Mules - An Identity Crisis

Money mules are a hot topic in fraud prevention circles these days. But wait a minute, isn't that more of an AML issue? I mean the literal definition of money laundering is "concealing the origins of illegally obtained money". That's money muling to a T. However, when you look across the lifecycle of muling activity, it becomes more comp...

24 May 2021 /payments /crime

Alex Robinson Fraud Analytics at TSB

UK Fraud Epidemic is Everybody’s Problem but Nobody’s Priority

In the UK, fraud accounts for more than 50% of reported crime; yet less than 1% of police time is spent investigating it. Several weeks ago, I wrote an article about the UK fraud epidemic, based on a BBC article and think tank report. The overall conclusion was that fraud was not being taken seriously by UK government and law enforcement, and tha...

15 April 2021 /payments /crime

Alistair Catto Managing Director at Beyond

Key takeaways: Moving from periodic review to Perpetual KYC

I recently co-hosted an industry workshop with Arachnys, a KYC and AML data specialist, exploring the potential benefits and challenges associated with adopting Perpetual KYC. Limited to just 20 participants, we were joined by representatives from several leading banks and asset managers including, Goldman Sachs, Investec, HSBC, Morgan Stanley and...

23 March 2021 /regulation /crime

Retired Member 

The Crisis that helped the launderers!

The Covid crisis has been challenging one for all of us, it has presented with opportunities for both good and bad. The pandemic provided the necessary impetus to drive the Digitalisation agenda within the banking sector, at the same time such a transformational agenda has helped criminals to benefit greatly. The business were directly impacted du...

18 March 2021 /regulation /crime

Thomas Pintelon Head of Strategy at Capilever

4 ways to improve financial fitness

Despite significant efforts by schools and media to give more attention to financial skills, the level of financial literacy in the general population remains low. Basic financial budget management appears very difficult for many people, let alone understanding more complex concepts like the correlation between risk and return, the need for divers...

17 March 2021 /wealth /inclusion

Thomas Pintelon Head of Strategy at Capilever

How banks and insurers increasingly push risks towards their customers

In past blogs we have raised awareness of the lack of tooling for clients to properly manage their finances and associated risks. Personal (PFM) and Business Finance Management (BFM) modules are being developed rapidly and keep getting better, but most of these are still limited to a reporting/dashboarding layer. This allows customers to get bette...

08 February 2021 /wealth