IT operations in the cloud – what are the important issues?
Advice, Magazine – August 4, 2022
Relocating your complete IT operations or parts of it to the Cloud is a trend, also among our customers from the Financial Services industry.Those who intend to transform at least parts of their IT to the Cloud usually envisage concrete efficiency gains through reduced costs and/or better scaling options.
Transformation of the IT infrastructure
Advice – May 10, 2022
For good reasons, many financial institutions are currently considering to transform their IT infrastructure. Depending on the size and orientation of the respective institution, different drivers are at the forefront.
Optimising the Sourcing of Market Data
Advice, Magazine, News – May 4, 2022
Many of our clients repeatedly make efforts to make the procurement of Market Data more efficient. It’s a task that regularly promises real potential, since data procurement typically represents the third-largest source of costs for a Financial Institution. At the same time, compliance should and must of course be maintained.
Cyber risks – One of the six main risk types in BaFin’s focus
Advice, Feature, Magazine, News – April 26, 2022
BaFin makes no secret of how it intends to proceed: “BaFin will continue to deal intensively with cyber risks in 2022 and, among other things, will increasingly conduct dedicated IT audits at institutions and companies. Depending on the results, it will derive further need for action.”
Before a Market Data Audit is due…
Advice, Announcement, Magazine, News – February 11, 2022
Exchanges and vendors check the compliant usage of the sourced data with the contractual agreements by means of an audit at the customers’ premises. Due to the pandemic situation, such audits have only taken place to a limited extent, recently. However, we expect that audits will resume increasingly in the course of the year.
Enterprise Data Management – EDM: The difficulties around the topic, especially for smaller companies
Advice, Feature, Magazine, News – December 14, 2021
There are a number of necessities, regulations and requirements that companies need to comply with, regardless of their size. For example, every institution trading financial products, hold them in its portfolio or takes on corresponding risks, is forced value these at the end of the day.