Articles by Joanna Wright
SEC Democratic Commissioner Slams CAT Delays
Robert Jackson dissented from a new proposed order to modernize exchange data.
US Treasury Bureau: Cyber Insurance Premiums Rising
Cybersecurity insurance is getting more expensive as insurance underwriters grapple with a lack of data on this ever-evolving coverage area.
Brown Brothers Harriman Automates NAV Reviews with Machine Learning
The bank is looking to automation in the middle and back offices as it seeks to exploit emerging technologies.
BNY Mellon Takes a New Tack to Digital Transformation
The custodian is trying to make digitization core to all the organization's activities, its innovation head says.
Regulation by Enforcement: A Worrying Trend
Jo Wright says two recent cases have left industry participants worried that regulators are ruling by enforcement.
The Jitesh Thakkar Case: A Scary Precedent
Jo says that enforcement cases against financial technology developers will have a chilling effect on the industry.
This Week: Goldman/Finos; JP Morgan/Baton; Caixa AM; IHS Markit
Catch up on some of the past week's financial technology news.
Google Cloud Platform Bends to Regulation at SLA Level
The company has taken a tailored approach to outsourcing contracts as increased scrutiny demands portability and audit rights from cloud service providers.
The API Economy’s Existential Crisis
Has the so-called ‘API economy’ been over-hyped, or is there value in recalibrating an open API strategy? WatersTechnology examines.
Support Swells for Developer in Spoofing Software Case
Petition for Chicago programmer Jitesh Thakkar nears its goal as industry worries about precedent CFTC enforcement case could set.
Homomorphic Encryption: Banks Take Notice (Part 1)
Banks are showing interest in solutions based on homomorphic encryption, including for sharing information on cybercrime. Jo takes a look at what this technology is, and if these solutions can be commercially viable.
Confluence & StatPro: A Sign of the Buy-Side Times
Confluence has a big job ahead integrating StatPro’s various analytics tools.
Lawyer: Don’t Punish the Programmers
Smart contract developers should not be responsible for violations of regulation perpetrated on the blockchain, says Katten special counsel.
Numbering Association Starts Work on Crypto Identifiers
Anna task force explores how Isins can be extended to digital assets such as tokenized securities and cryptocurrencies
As ESG Strategies Evolve, New Questions Are Raised
Jo says there are some basic standards that must be finalized before socially responsible investing takes off.
Cloud Worries Show Up in New EU Outsourcing Guidance
Financial firms must maintain a register of all outsourced critical functions under new guidelines now in effect in Europe.
Sibos Gets a Social Conscience
Climate, Brexit and ethical AI were all on the agenda at the massive conference this year, as cloud, cybersecurity and APIs remained major topics of discussion.
FCA: UK Regtech Hype Has Cooled
The UK financial regulator is seeing fewer entrants into the industry as start-ups struggle to break into the market.
Regulatory Uncertainty Hinders AI Innovation
Firms are reluctant to move ahead with AI technologies as there is little regulatory guidance on its ethical implications, exchange providers say.
FCA Working on New Data Analytics Program
The UK regulator has moved much of its data to the cloud and is using more advanced analytics as it seeks to better regulate evolving financial firms.