Protiviti
Third-party guidance spurs US bank rethink on fintech partners
For conventional vendors, banks say due diligence rules will be the toughest challenge
This Week: BlackRock/Tradeweb, FactSet, DTCC, RBC and more
A summary of the latest financial technology news.
EU Regulator: Incoming rules will arm financial institutions to negotiate cloud contracts
While the new rules will eat into financial services resources, regulators say they will also offer safeguards for managing cloud agreements.
UBS turns to containerization for its cloud dev ops, security strategies
As the bank has moved 33% of workloads to both public and private clouds, UBS spent the past 12 months building out its enterprise security controls as part of its containerization efforts.
Cost, security concerns dampen banks' appetite for multi-cloud infrastructures
As firms make progress on cloud adoption, they are discovering that multi-cloud strategies for individual businesses can not only duplicate costs, but can also inadvertently downgrade a firm's resiliency.
New regulation forces UK banks to scrutinize cloud
Firms say changing SLAs and getting required information from vendors like AWS, Azure and Google Cloud is a heavy burden.
People Moves: Exegy, Luma, Capco, CAIS and more
A look at some of the key "people moves" from this week, including Julian Elliot (pictured), who joins Integral as senior product officer.
EU Firms Seek Clarity on Tech Requirements for Incoming Cloud Guidelines
As Europe prepares for a new batch of outsourcing rules, some firms are looking for answers on how to test exit strategies and mitigate concentration risk.
Esma Guidelines Call for Full Audits of Cloud Providers
The regulator is consulting on outsourcing contract guidance that would give firms and supervisors access to the books and premises of providers.
Vendors Feel Heat as Regulators Pile Pressure on Third-Party Resiliency
UK regulators have proposed new laws to clamp down on operational resilience and third-party risk, pushing fintechs to put some skin in the game.
Human-Machine Fusion Seen as Key to Cyber Defense
Software and flesh-and-blood humans are both important when it comes to protecting an institution, panelists say.