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FSA Fines Nomura $2.9 Million For Inadequate Derivatives Controls

Trading
Nov 24, 2009
Nomura International has been fined $2.9 million by the FSA for systems and controls failings around book marking within its International Equity Derivatives business.

Novarica: More Insurance Software M&A in 2010

Insurance
Nov 24, 2009
Renewed M&A activity in the insurance software space in the latter half of 2009 presages a plethora of deals in the coming year, according to a new report by the New York-based research and advisory firm.

This Holiday Shopping Season Will See More Debit, Less Credit

banking
Nov 23, 2009
Accenture Holiday Shopping Survey notes that thrifty Americans are opting to use cash/debit in their spending and that banks would do well to be mindful of these changing payment preferences.
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BGCantor Market Data, Thomas Ho Launch Analytics Suite

BGCantor Market Data and Thomas Ho Company have teamed up to provide a suite of advanced real-time modeling and analytics called the E-series suite.

Genworth Financial's European Operations Complete Migration to Single IT Platform

The pan-European consolidation initiative involved migrating 15 million client policies, billing and claims data amounting to 2 billion rows or three terabytes of data from five separate systems to a single TIA Technology policy administration system.

Saskatchewan Workers' Comp Board Implements FINEOS Claims System

The implementation of the FINEOS claims system will help WCB reduce the number of supported technologies, as well as positioning WCB's technology infrastructure to improve the electronic exchange of information with employers, care-givers and other third parties.

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