Firms need to engage with data providers well in advance of Solvency II implementation to ensure compliance by January 1, 2016
Insurers and asset managers warn of difficulties generating coherent data codes for alternative assets
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
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A panel of experts discuss how improved data governance can provide business benefits for insurers
Trading floor risk management controls are coming under increased scrutiny, with concerns about poor data quality, information silos and a high ratio of false positives. In this sponsored statement, Laura Hutton, director of banking solutions – fraud...
Investigating fraud depends on data – but, in a digital business, the useful data for an investigation will almost certainly be submerged in a vast pool of irrelevant material. Companies need the skills and tools to handle huge quantities of unstructured...
Vancouver-based ZE PowerGroup scoops Energy Risk’s Data Management House of the Year award for the fifth consecutive year in 2013. In the 12 months to March this year, the family-run firm says it saw a 22% rise in sales revenue, which led to a 50%...
Hedge funds need to address transparency and risk reporting standards to avoid punitive capital treatment under Solvency II, as European insurance companies are keen to increase the current 1% allocation. Kris Devasabai reports
Regulators' demands for more transparency are loading a heavy burden on to compliance, IT and operational risk teams at financial institutions. But collecting the data could have unforeseen benefits too. Alison Ebbage reports
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.