Search Results for: PRA
Why Cloud adoption in the Finance Sector is still lagging
December 8th, 2015
Limitations to a consistent regulatory framework and the broad adoption of good practices deters financial institutions from taking advantage of the benefits of cloud computing. Cloud Computing is currently widely used in several sectors, however, its adoption in the ...
Egypt expects $1.5 billion in aid by year-end; President in Greece for energy
December 8th, 2015
Egypt expects to receive $1.5 billion from the World Bank and African Development Bank by year-end to support the budget and could discuss potential IMF financing once parliament convenes, International Cooperation Minister Sahar Nasr said. Egypt is implementing a ...
What Accountants Can Expect in 2016
December 8th, 2015
Accounting is an industry that is undergoing so much change, largely sparked by vast advances in technology and we’re only going to see more of it in 2016. The question is, how prepared are you? The evolution of cloud accounting ...
CBA builds a blockchain in its innovation lab
December 7th, 2015
In its Innovation Lab in Darling Harbour, a team of Commonwealth Bank of Australia computer engineers have built a working “blockchain”. For CBA, a “distributed ledger” is no longer a concept on a whiteboard, but a matter of hardware. ...
Fidessa boosts platform with options analytics from Hanweck
December 4th, 2015
Fidessa group plc (LSE: FDSA) announced that it has integrated Hanweck Associate’s VoleraFEED™ into its award-winning sell-side equities trading platform to provide users with access to high-performance options analytics. VoleraFEED is recognized as the industry’s leading options analytics service. ...
SEC: Grant Thornton Ignored Red Flags in Audits
December 3rd, 2015
The Securities and Exchange Commission announced that national audit firm Grant Thornton LLP and two of its partners agreed to settle charges that they ignored red flags and fraud risks while conducting deficient audits of two publicly traded companies that ...
VW Scandal: Top law firms competing for lead assignment in expected multibillion-dollar case
December 3rd, 2015
Top law firms competing for lead assignment in expected multibillion-dollar case Lawyers from across the country will descend Thursday on a courthouse in New Orleans to jockey for a potentially lucrative assignment: a role in the massive consumer-fraud litigation facing Volkswagen AG over ...
How Do You Read a Trading Chart?
December 2nd, 2015
As a beginner you might be feeling a little overwhelmed by the sheer amount of information contained within a trading chart. While it can be relatively easy to interpret historical data on a surface level by identifying past ...
Bloomberg Receives SEC Approval for its Confirmation Matching Service
December 2nd, 2015
Bloomberg today announced its subsidiary, Bloomberg STP LLC (Bloomberg STP), has received approval from the U.S. Securities and Exchange Commission (SEC) to offer a confirmation matching service (CMS), for DTC-eligible equity and fixed-income securities. “The financial industry is under ...
UBS Traders May Be First to Face Sanctions in Forex Probes
December 2nd, 2015
Swiss regulator may issue penalties by the end of the year Finma probed 11 currency, metals traders amid global scandal As many as seven UBS Group AG traders may face sanctions from Switzerland’s financial watchdog in the coming weeks, ...