The National Institute of Standards and Technology on Tuesday published a draft revision of its Security and Privacy Controls for Federal Information Systems and Organizations, integrating privacy and cybercontrols and tying them to the agency's cybersecurity framework. The draft will be open for public comment until Sept. 12.
Big data analytics is on track to become a $200 billion-plus market over the next three years. Although the cost of collecting and storing data has plummeted in recent years, wrangling and effectively analyzing data troves continues to pose a challenge for many enterprises.
Steve Hirsch, chief data officer at Intercontinental Exchange and the New York Stock Exchange, says in a podcast that dealing with the massive amount of financial-market data means embracing technology such as artificial intelligence, rather than fearing it.
This paper released by the Federal Reserve explores the current wave of fintech innovations and why technology appears poised to bring about massive changes in the financial sector. Research points to a number of factors, including the "depth" of innovation currently at play.
LabCFTC, a financial-technology initiative created in May by the Commodity Futures Trading Commission, has received a positive response, Director Daniel Gorfine says. The CFTC is in "listen-and-learn mode" regarding fintech regulation, says Gorfine, who is also chief innovation officer of the regulator.
Hosted by the Corporate Actions Section (CAS) of SIFMA's Operations & Technology Society, this annual event brings together subject matter experts to provide valuable information on managing risk and improving processes. Sessions include: what you need to know about US and Global Tax Regulations -- with a focus on 305C, 871(m), and Reclaim Updates; Blockchain and its Impact on Corporate Actions; Regulatory Insights from FINRA, NYSE and Nasdaq; Proxy and Corporate Actions Shareholder Communications Update; and more. Register today!
When SIFMA hosted its 2017 Operations Conference and Exhibition in Florida, technology, regulation and compliance operations dominated the discussions. Over the last few years, questions on the transformative potential of technology together with the culmination of initial experiments, promising proof-of-concept projects, and analysis of early results have driven the financial services industry to go beyond simply asking what emerging technology can do. As we look forward to Ops 2018, SIFMA's Tom Price notes that today's industry changes aren't just about fintech.