Ernst & Young steps up commitment to blockchain
by Graham Buck
The Big Four auditing group is encouraging corporate clients to adopt and launching free software to help them.
Financial Risk Management
Background
Financial risk is made of three basic types: market risk - FX risk, interest risk and commodity risk; counter-party risk - credit and partner risk; and liquidity risk - risk that the company will not…
Read moreAI platform assesses impact of Brexit
by Graham Buck
A growing number of financial services companies are opening European offices or relocating from the UK, reports Talent Ticker
BoE governor: banks must ‘raise the bar’ on climate change
by Graham Buck
Mark Carney and the governor of France’s central bank say that banks and insurers must to more to avert catastrophe.
Massive trade finance funding gap ‘stunts economic growth’
by Graham Buck
The estimated $1.5 trillion deficit affects development, investment flows and financial inclusion, says BNY Mellon.
Sage enhances real-time cash management via Trovato.io
by Graham Buck
The partnership with Trovato.io will provide corporate treasury will real-time visibility of cash positions.
Achieving objectives in the complex interconnected risky world
by Jack Large
OCEG guide to understanding external risks while meeting objectives
Big investment and job losses ahead as banks sector embraces AI
by Graham Buck
The business value to the industry of artificial intelligence is expected to reach $300bn by 2030 but it will shed millions of workers.
US payments fraud at record high, AFP survey shows
by Graham Buck
More than four in five organisations reported incidents in 2018, reports the Association for Financial Professionals.
Turkey’s move to support lira pressures banks
by Graham Buck
Efforts to prevent a further slide in the currency risk reducing banks’ ability to lend and pushing the country deeper into recession.
Saxo Bank warns of European economic headwinds
by Graham Buck
In its outlook for Q2 of 2019, the Danish online trading specialist sees the next two years as crucial for Europe’s evolution.
Businesses say Brexit preparations tougher than Y2K
by Graham Buck
A survey of executives finds that the challenges of the Millennium Bug were less than those of Britain’s departure from the EU.
Equifax, Wolters Kluwer pool resources on CECL solution
by Graham Buck
The new current expected credit losses (CECL) standards for financial institutions will be introduced in two stages from early 2020.
Taulia adds AI capability to its supply chain platform
by Graham Buck
The working capital solutions provider says that the new technology aggregates a range of data on supplier behaviour.
Deutsche Bank-Commerzbank union ‘risks negative side effects’
by Graham Buck
Both Qatari shareholders and a German economics expert are sounding alarm bells over the proposed merger of the two banks.
Replacement still elusive as Libor’s end nears
by Graham Buck
The demise of the London InterBank Offered Rate in 2021 steadily approaches, but which benchmark will replace it remains unclear
Russia promotes alternative to Swift
by Graham Buck
The threat of Western sanctions has seen the country working on its own rival financial messaging network for the past five years.
LME supports blockchain consortium to track global metals
by Graham Buck
The initiative comes as companies face growing pressure to detail the environmental and social impacts of their supply chains.
UK fintech Avrium launches cash flow platform
by Graham Buck
The Edinburgh-based company’s online platform aims to help small businesses and start-ups.
Interserve’s fall sparks demand for reforms
by Graham Buck
The UK outsourcing group’s move into administration is bad news for US hedge funds and retail investors but different from Carillion
Norsk Hydro cyberattack exposes supply chain fragility
by Graham Buck
Central technology and automation have become crucial to the metals and mining industry, but also makes companies vulnerable to attack.
Australian SMEs stall on hiring, investment as election nears
by Graham Buck
A survey suggests that concerns over the outcome of the federal election, likely to take place in May, is delaying business decisions.
China’s central bank accelerates drive to regulate fintech
by Graham Buck
The People’s Bank of China said that cutting financing costs for business is one of its primary goals.
New liquidity test for Jamaica’s banks
by Graham Buck
The island’s central bank said that elements of both the Basel II and III capital frameworks will be introduced.
Regulatory headaches move to top of treasury risk agenda
by Graham Buck
A survey conducted in North America and Europe suggests that it has become a bigger worry than trade disputes and fraud.