Case Study: Leveraging web technology to seize on opportunities in real time, reduce risk exposure and free up capital

 

As part of regular software updates, the ops team at a tier 1 bank pushed releases to its users bi-monthly. This slow deployment schedule meant the business wasn’t achieving optimal productivity. Generating the insights required to take advantage of market opportunities often took two days as the data required to do so had to be added to spreadsheets manually. This also meant the business did not have an accurate view of its risk exposure, only adding to any compliance jitters. 

Will deregulation invalidate investments in Risk Systems Infrastructure?

This blog originally appeared on TabbForum.

The 2008 financial crisis initiated a swath of regulations relating to capital and its allocation and demanded a much more rigorous measurement of risk factors. Financial firms’ responded with a surge of investments in risk systems infrastructure to ensure compliance.

Topics: Risk, Regtech

Doing the Right Thing and Doing it Right

The Challenge

You may think that your IT dollars are going towards new and exciting systems, but roughly 60 to 70 cents are for the applications that existed when you first joined the firm.

Will building a Liquidity Monitoring System from the bottom-up satisfy regulators?

Eight years after the credit crisis, banks are still struggling to map out and build a comprehensive collateral/liquidity management solution that will satisfy Dodd-Frank. From the bank’s perspective, the new normal is to accept the fines. This is viewed as a far more cost effective solution than justifying a sizeable investment to fix a system that is deemed too complex for a department that is traditionally considered to be a cost center. 

Topics: Risk, Regtech, Innovation

DGIQ afterthoughts

 

Hear our CTO, David Lattimore-Gay as he shares his afterthoughts on DGIQ 2016, big data and related topics.

Live from DGIQ 2016: Day 3

 

Hear our CTO, David Lattimore-Gay's latest opinions from DGIQ as he shares his views on big data and related topics. We will update vlogs on a regular basis. 

Live from DGIQ 2016: Day 2

 

Hear our CTO, David Lattimore-Gay's latest opinions from DGIQ as he shares his views on big data and related topics. We will update vlogs on a regular basis. 

Live from DGIQ 2016: Day 1

 

Hear our CTO, David Lattimore-Gay's latest opinions from DGIQ as he shares his views on big data and related topics. We will update vlogs on a regular basis. 

How to future proof regulatory change?

The business requirement

A major financial institution engaged Eikos Partners to determine how their current risk and financial systems needed to be changed to future proof regulatory change as well as its business requirements. We concluded that a structural change had to be put in place so that our client would be able to reconciliate its data from all required – and disparate – sources.

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