The recent media reports about an alleged data breach involving social media site Facebook and Cambridge Analytica have added to the ongoing concerns about the safety of personal data from identity theft, cyberattacks, hacking or unethical usage.The European Union has introduced the new General Data Protection Act (GDPR) to safeguard its citizens by standardising data […]
Drive down costs, identify weaknesses in processes or controls and ensure you have robust regulatory reporting mechanisms with compliance frameworks, target operating models and programme reviews.
Another new year and another financial deadline, one which has the potential to significantly impact the banking marketplace for both financial institutions and their retail customers. This time it’s the second Payments Services Directive (PSD2), which comes into force on January 13th, with the aim of promoting security and transparency in retail payments processing, whilst […]
It will take a combination of hot topics to change the financial services game in 2018, say Brickendon’s experts. 2017 may now be behind us, but the year of the Rooster’s hot topics of data, Brexit and regulation are not. According to Brickendon’s senior leadership team, the very same topics, with a sprinkling of digitalisation, Blockchain, cloud enablement and […]
Imagine a day in the not-so-distant future: you are on the train on your way to work, you check a dashboard produced by an app on your phone that shows your spending patterns aggregated from all your bank accounts. The dashboard shows that you are spending too much on entertainment and are falling short of […]
In 1998 a Spanish newspaper published two articles on their website about the auctioning of two properties owned by Mario Costeja Gonzalez. The state forced the sale of the properties because of Costeja’s failure to honour his social security debts. Eleven years later, Costeja contacted the newspaper and asked them to remove the articles on […]
With the MiFID II deadline fast approaching – January 2018 – now is the time to ensure you are prepared. As well as the obvious data and operating model challenges, many firms are also struggling with the testing aspect. Firms that are unable to structure and deploy a cohesive MiFID test strategy will struggle to […]
The new EU General Data Protection Regulation (GDPR) comes into effect in May 2018 and will change the way we handle personal data. Where current data privacy legislation focuses on organisations and what they are permitted to do with the data they hold, GDPR places the emphasis on the rights of the individual. Its aim, […]
Why is data quality so important for MiFID II compliance? In this, the second in a series of MiFID II papers, Brickendon’s expert consultants look at the issues associated with data quality and lineage and why it pays to have a globally consistent strategic and holistic approach to sourcing and populating data. View PDF
With the deadline for the new EU General Data Protection Regulation (GDPR) approaching fast – May 25th 2018, many organisations are struggling to define their requirements and assess the operational impact the changes will have on their data governance programmes. Banks with EU customers and employees will need to align their GDPR programme with their […]