Three years ago, the disruptive technologies report found that cloud was broadly accepted, that data management and AI/ML were being invested in and that blockchain was still years away. Is that still true? Cloud is almost certainly in the rearview…

CompatibL has been shortlisted for the Waters Rankings 2021 Award in three categories: Best Credit Risk Solution Provider, Best Market Risk Solution Provider, and Best Cloud-Based Application Provider. The voting will end at midnight on Friday, June 11th, 2021. Waters…

Mohammed Kateeb, winner of the Financial Services Technology Leadership Award 2021 May 31, 2021 – Path Solutions is thrilled to announce that the company’s Group Chairman & CEO, Mohammed Kateeb has been recently recognized for his achievements and thought leadership…

Oil prices firmed on Monday, with Brent trading near $70 a barrel, underpinned by the bright outlook for fuel demand growth in the next quarter, while investors looked ahead to the OPEC+ meeting this week to see how producers will…

Deference to US disclosures stopped Baidu’s Hong Kong listing shining a spotlight on Archegos Source: Risk feed

The bank is proud to announce taking advantage of iMAL R14.1 new features and benefits May 27, 2021 – Path Solutions, the global Islamic banking software company, today announced that Kuwait Finance House (“KFH”), Kuwait’s Islamic banking pioneer has successfully…

Lawmakers signal readiness to act as finance chiefs warn of heightened cyber risks Source: Risk feed

David Ernsberger is global head of pricing and market insight S&P Global Platts, where he manages a team of reporters and analysts that cover the full range of energy and other commodity markets around the globe. His team produces price…

The average retail price for regular gasoline in the United States on May 24, the Monday before the Memorial Day weekend, was $3.02 per gallon (gal), the highest gasoline price before Memorial Day since 2014, according to our weekly Gasoline…

Interested in finding out the latest on global sugar demand, prices, the impact of covid-19, and the growing need for automation in the sugar industry? Then register now for the upcoming Digital Dialogues webinar ‘World Sugar Balance’, brought to you…

Annual spending on electricity distribution systems by major U.S. utilities continues to increase. Utilities spent $57.4 billion on electric distribution in 2019, 6% more than the previous year and 64% more than they spent in 2000 after adjusting for inflation….

Reading an article by John Kemp at Reuters this morning about how it has been the poor performance of the oil majors in recent years and decades that have made them more vulnerable to activist shareholders reminded me of something…

LONDON (Reuters) -Exxon Mobil’s shareholder revolt has been framed as a climate change issue, but it reflects broader dissatisfaction with the board’s strategy and failure to generate returns for shareholders in recent decades. Many institutional investors are pressing the major…

ESMA has opened a consultation and published this document which covers the method by which changes to the MIFID II position limits and reporting regime will be implemented as part of the “quick fix” that will apply from next year…

Unusual economic slumps tripped up models in 2020. Now they are struggling with fast recoveries Source: Risk feed

Risk framework under external review as DOJ reportedly opens probe into fund’s collapse Source: Risk feed

Consultant to review bank’s risk function as DOJ reportedly opens probe into fund’s collapse Source: Risk feed

Leading Fintech company, AutoRek, a software provider to global financial services firms, has been shortlisted for the ‘Best CASS Solution’ and ‘Best Wealth Management Solution’ categories at the Systems in the City Financial Technology Awards 2021. AutoRek won the award…

BOSTON, MA, May 20, 2021 – FundCount, LLC, a worldwide provider of accounting and investment analysis software, today announced that it was awarded the title of Best Client Reporting at the Ninth Annual WealthBriefing European Awards 2021. These well-regarded annual…

The rapid increase in COVID-19 cases in India has led to various travel restrictions, which reduced consumption of transportation fuels such as gasoline and diesel. As a result, we revised down our forecast for petroleum consumption in India in the…