Fraud and financial crime software provider of the year: Oracle
Penalties for control failures and illicit transactions provide an excellent motive for banks to take fraud and financial crime more seriously – for many, this has meant following the path to Oracle
The biggest trend in financial regulation over the past year has been a drive to take illicit transactions more seriously. Whether that's tax evasion, money laundering, sanctions busting or bribery, national regulatory authorities are gaining new legal powers to impose harsher penalties, and working to improve international co-operation. Several large banks have run afoul of this, with billions of dollars in fines for anti-money laundering (AML) failures in 2013 in the US alone – and this has
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on Awards
Pricing and trading system of the year: Murex
In contrast to previous years, trading activity in the Apac region is being driven increasingly more by local considerations, and this plays to Murex’s strengths: a technology vendor that offers in-depth market knowledge and extensive support across the…
Collateral management solution of the year: Murex
Uncleared margin reform is no longer about just getting the job done. It is about making sure the job is done well. Murex’s comprehensive collateral solution has made a meaningful difference this year, streamlining enterprise-wide margining, collateral…
XVA solution of the year: Murex
With predictions of when the US Federal Reserve might cut rates constantly changing, it has been a roller-coaster year for markets. This has encouraged financial institutions to push out new innovations to their clients. Having reliable support with XVAs…
Best product for capital markets: Murex
Many banks in Apac rely on Murex’s MX.3 platform to manage their trading positions – risk and back office – in a fully integrated way. However, producing the P&L of the bank had to be performed outside the platform as it was relying on external data…
Asia Risk Awards 2024: The winners
All the winners of this year's Asia Risk awards
Securities house of the year: Daiwa Securities
Asia Risk Awards 2024
Deal of the year: Deutsche Bank
Asia Risk Awards 2024
Derivatives law firm of the year: Juris Corp
Asia Risk Awards 2024
