In this issue
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BSB exhibit for the first time at Screen Amsterdam
In September, BSB exhibited for the first time at Screen Amsterdam, an important exhibition and conference event for the Dutch financial industry. BSB, a Belgian provider of business solutions and IT services for the asset management and life insurance sectors, has recently opened an office in the Netherlands and appointed Wendy Ravensbergen as the country’s Account Executive.
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Congres: New risk management solutions by converting litigation technology
“Compliance is a tough industry”
“The scandals in the financial industry combined with a changing landscape create risk management challenges to any enterprise,” says David Kemp, the Executive Director of Legal Policy at Autonomy, a lawyer who changed into an evangelist for information governance software.
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CorPeuM: A new application for Corporate Performance Management
CorPeuM is an organization focused on improving strategy execution. It is sold through a European network of distributors who are trained and certified in theCorPeuM approach. CorPeum International has recently launched CorPeuM, a new application for Corporate Performance Management (CPM), primarilyfocused on improving the execution of strategy.
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Dossier: European Commission publishes draft proposal for taxing financial transactions
On 28th September 2011, the European Commission (the “Commission”) published a draft directive pertaining to the financial transaction tax (the “FTT”) on European banks and financial institutions. The FTT is based on the European Commission’s view that the financial sector should bear a part of the costs resulting from the economic crisis, and be taxed more fairly vis-à-vis other sectors. However, the opinion of the EU member states is divided: although France and Germany back the proposals, the UK (Europe’s biggest financial centre) has expressed its opposition.
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EXPERTS RoundTable - How to optimize the model validation? Alignment between lines of defence
Current regulation imposes financial institutions the use of models to evaluate and monitor risks. There is indeed a strong attention from supervisors and senior management on the validation process of the models aiming at assessing the rules, usage and related controls to modelling.
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Misys & Microsoft Global Alliance Seminar
Market leaders Misys and Microsoft have announced a global alliance, aimed at developing innovative solutions for the financial sector. The benefits of this were discussed at a seminar on Tuesday 11th October, where presentations delivered by Misys (No. 1 worldwide in banking / treasury and capital markets softwaresolutions), and Microsoft were followed by a sharp but entertaining speech by Professor Jaap van Duijn - Chief Investment Officer of Robeco. In his presentation titled ‘The Debt Mountain: are the banks strong enough?’ he questioned the sustainability of the euro.
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The 12th Aexis Symposium: From complexity to simplicity
The 12th Aexis Symposium held at The Business Faculty near Brussels attracted a large number of business specialists and professionals from various sectors. The event hosted a wide range of renowned speakers, including Professor Leen Paape who, in addition to being the Dean of the Nyenrode BusinessUniversity, is also a specialist in risk management and corporate governance.
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TriFinance: Financial Institutions Forum
TriFinance is a company that constantly seems to surprise customers and professionals. Since its first activities in 2002, it has become an independent international growth company with more than 500 professionals today.
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UCITS IV, a directive designed to help structuring the industry on a European scale?
On January 13 2009, a proposal for the UCITS IV directive was approved by the European Parliament and the Council of the European Union. The directive aimedto allow collective investment schemes to operate freely throughout the EU on the basis of a single authorization from one member state, and was scheduled for implementation in 2011.
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