International Finance

Tag : data

Economy

Brexit: Sterling appears more vulnerable than any other major currency

Its value in foreign exchange markets is reliant on purchase of UK financial assets by overseas investors Don Smith October 27, 2016: Despite a run of better than expected UK economic data since the Brexit vote – including 0.7% second-quarter expansion, beating estimates – financial markets are increasingly concerned about the outlook for the country’s...
Fintech

Yahoo reveals world’s biggest data breach

International Finance Desk
Happened in 2014 and at least 500 million users were affected IFM Correspondent September 23, 2016: Yahoo, the California-based tech giant, on Thursday said personal information of at least 500 million users was stolen in an attack on its accounts in 2014. The attacker was a ‘state-sponsored actor’, and stolen information may include names, e-mail...
Fintech

Talend joins Nasdaq stock market

The company’s solutions help companies become data driven August 2, 2016: Talend, a Silicon Valley-based leader in big data and cloud integration solutions, joined Nasdaq stock market. Talend’s open-source, next generation solutions help companies become data driven by making data more accessible, improving its quality and quickly moving data where it’s needed for real-time decision...
Economy

IMF cuts its global growth

Predicts increase in uncertainty after Brexit IFM Correspondent July 20, 2016: Keeping a close eye on Brexit and its anticipated impact, the International Monetary Fund (IMF) has cut its global growth forecasts for the next two years. The move included a nearly full percentage point reduction in the UK’s 2017 growth forecast. Cutting its World...
Fintech

Real cost of data management

Assessing the hidden costs of data management in an asset management firm October 15, 2015: The desire to pursue new, sophisticated investment strategies generates conflicting objectives. All firms wish to increase their business agility and shorten time to market. This must be weighed against the need to manage a growing body of complex data that...
Fintech

Cyber Crime and Security – An ongoing battle

Cybercrime can no longer be dismissed as the remit of the ‘young geek in the garage’ Liz Field February 2, 2015: The opportunities and threats represented by technology are something ever present in our daily lives and no less a cause for thoughtful consideration and handling in the wealth management industry, where it can be...
Fintech

Scottish independence: The question of your data

International Finance Desk
If Scotland becomes independent, what does that mean for UK data sovereignty? Lubor Ptacek September 18,2014:Scotland goes to the polls on Thursday to vote on independence from the Union. If a yes vote is passed, it throws into question the impact on data sovereignty. It’s a curious notion, one that both Whitehall and Holyrood have...
Fintech

Home Depot’s payment system breached

Could potentially impact customers using payment cards at its US and Canadian stores September 9, 2014: The Home Depot, the world’s largest home improvement retailer, on Monday confirmed that its payment data systems have been breached, which could potentially impact customers using payment cards at its US and Canadian stores. There is no evidence that...
Economy

FIFA World Cup fails to lift Brazil, shows apex bank data

Monthly budget deficit in May almost touches all-time high while HSBC survey signals further deterioration in factory sector, reports Team IFM Sao Paolo, July 9: Brazil’s dalliance with  fiscal instability continued in May, data released by the country’s central bank on July 1 shows, sinking hopes that the ongoing FIFA World Cup would lift it...
Fintech

Compliance Driving Information Governance

Posted by Nick Patience 12th December 2013 If the explosion of big data were not enough to drive organizations to consider implementing an information governance strategy, the increasing number of regulations that businesses must comply with will certainly bring information governance to the forefront of every executive’s mind. Regulations such as Solvency II, Dodd-Frank, HIPAA,...