Barrie & Hibbert has launched a new service aimed at helping financial service companies understand and communicate the risks in financial products, and as a consequence support them in compliance with Treating Customers Fairly (TCF). The company says that, with increasingly volatile markets and growing complexity in product design, it is now more important than ever that companies have a consistent methodology for understanding the risk and return profile of customers, and then being able to map a full range of products to that profile.
The company’s Product Risk Service provides an view of the customer outcomes that a product delivers across a wide range of economic scenarios, which it says allows clients to compare and communicate the risk and return benefits of broad range of products, including multi asset funds, variable annuities, structured products, hybrid products and with profits.
In addition, the company has also opened an Asia-Pacific office, based in Hong Kong.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more