Arcesium’s Post

💡 On the Brink of Change: Navigating New Regulatory Requirements The Investment Management industry is on the cusp of significant regulatory changes, with over 20 new SEC rules, stricter ESG disclosures, and enhanced cybersecurity mandates. Ensuring data transparency, compliance, and resilience has never been more critical. At Arcesium, we believe that leveraging advanced technology is the key to staying ahead of these evolving demands. Is your firm prepared for what's coming? Let's connect and discuss how we can help you navigate these changes seamlessly. Learn more #RegTech #InvestmentManagement #Compliance #DataTransparency #Arcesium #ESG #AssetManager #AssetManagement #RegReporting Feel free to reach out if you have any questions or need further insights!

I recently completed a course on cybersecurity and RegTech from CFI, delving into the crucial realm of regulatory #technology within the #financial sector. #RegTech offers significant advantages such as: - #Efficiency and #Cost Reduction: Automation streamlines compliance tasks, reducing time and expenses linked to manual processes. Real-Time Monitoring enables businesses to uphold compliance without extensive manual supervision. - #Risk Management: Enhanced Accuracy via technologies like machine learning decreases errors and enhances compliance accuracy. Fraud Detection helps in recognizing and addressing risks such as money laundering and cyber threats. - #Adaptability: RegTech promptly adapts to new regulations, ensuring continuous compliance as regulations evolve. Integration with current systems allows businesses to uphold compliance seamlessly. #RegTech is transforming compliance, converting a cumbersome duty into a smooth, efficient process, proving indispensable for contemporary businesses.

We are getting reports that cybercriminals are ramping up targeted "vishing" attempts against alternative investment managers, often paired with “mail bombing” for added success. For more information and related best practices, check out our latest blog post: https://hubs.li/Q02Zdh770 #cybersec

The deadline for Digital Operational Resilience Act is 106 days away and most firms will be in scope: You're either in scope, or service those that are. Every organisation around the world providing services into Europe is in scope of DORA DORA is much more than cyber, it is a about all operational resilience issues Like GDPR, we are all compliant. Want to play the game, these are the rules. Does DORA cover AI? Yes, if it's a critical dependency Common pitfall: It's a team sport. Organisation wide. Prioritize looking at your business model, end to end. Upside: Digital transformation of business processes, perfect marriage of control functions and technology, digital audit and TLPT opportunities, another driver to step away from on-prem infrastructure, iterative change ('as is' and 'to be' models), there will be a DORA 2.0 (and 3.0 etc.) - DORA keynote at RegTech Summit London #RTSLDN #regtech #DORA #operationalresilience #digitaloperations Brown Brothers Harriman

Are your investments as safe as you think? In an era where fintech platforms are revolutionizing how we manage money, a lurking threat shadows our financial security. The recent insights from a comprehensive piece on the critical state of cybersecurity within the financial sector highlight a stark reality: The accumulation of personal and financial data on these platforms has turned them into a goldmine for cybercriminals. 🔒 As leaders, it's our duty to ensure not just the growth, but the safety of our clients' assets. The digital transformation journey is not just about innovation and efficiency—it's equally about fortifying our defenses against those who seek to undermine them. Investor protection goes beyond just regulatory compliance. It's about building a fortress around the very assets we're entrusted to grow. For anyone in the C-suite navigating the digital transformation landscape, this article serves as a crucial reminder of the stakes at hand. As we continue to innovate, let us also intensify our focus on cybersecurity. Because in the race towards digitalization, the safety of our investors' assets is the finish line we cannot afford to miss. Let's lead with vigilance. [Read more about the imperative of cybersecurity in the financial sector.](https://lnkd.in/eRK_KtUf) Check this out: https://lnkd.in/eRK_KtUf

Bredec Group Investor Confidence in Cybersecurity as Arqit Quantum Inc. Sees Decline in Short Interest - yTech: Investor Confidence in Cybersecurity as Arqit Quantum Inc. Sees Decline in Short Interest  yTech Inquiry@bredec.com

Global Investment — RAO Global https://lnkd.in/e8r9wDFE The world of cybercrime is constantly evolving, with attackers developing new techniques and exploiting emerging technologies. #assetmanagers #fundowners #LPs #GPs #RAOEurope24

RESULTS: The equity and the net asset value of INVL Technology, a company that invests in IT businesses, amounted to EUR 43.53 million at the end of 2023, or EUR 3.6052 per share, and grew 13.7% during the year. The company had a net profit of EUR 5.17 million last year, which is 2.4 times more than in 2022 (net profit of EUR 2.11 million). Last year’s results were positively impacted by a EUR 9.95 million increase in the value of portfolio companies. Provisions for performance and accrued management fees reduced the result for 2023 by EUR 4.91 million. The value of INVL Technology’s portfolio companies rose from EUR 34.9 million to EUR 44.9 million during 2023. INVL Technology owns the cybersecurity company NRD Cyber Security, the GovTech and FinTech company NRD Companies, and the Baltic IT company Novian. Read more: https://lnkd.in/dhwzsg8b #businesses #IT #itbusinesses #technology #results #itcompany #invltechnology #profit #value #portfolio

Following the Feb edition (which incidentally is on (next) Thursday - 22nd Feb 2023, We are ready with the announcement for March’s edition of #LNETM (LoNdon Enterprise Technology Meet-up) - It will happen as usual at LSEG (London Stock Exchange Group) flagship offices in London, UK and the theme would be ‘DORA’ - We know of the kids’ favourite character but DORA in Financial services?? Please allow me to explain… #dora is a disarmingly cute name for a major piece of legislation formally called the Digital Operational Resilience Act, which goes into effect in the EU in January 2025. DORA's primary objectives are to make financial systems more resilient against cyber threats and information communication technology (ICT) disruptions and, despite being EU legislation, is far-reaching in its impact across FS/Tech globally and in the UK. It has been referred to as the GDPR of the financial sector due to stronger requirements and stricter enforcement. The ultimate responsibility for non-compliance with DORA is placed firmly on the financial institutions and their executives, with significant penalties for not achieving the required levels of comprehensive documentary evidence relating to compliance. For the March LNETM we’ve teamed up with OwnData and Orrick to get to grips with what DORA truly means for an enterprise, how to get to grips with the challenges it brings and how to streamline compliance across the enterprise, particularly for data and cloud. We have brought together several industry-leading DORA experts for our discussion, including: * Eoghan Casey (VP Cybersecurity Strategy and Product Development at OwnData) * Kelly Hagedorn (Cyber & Privacy Partner at Orrick) * Miranda Le Sage (Group Head of Operational Resilience at London Stock Exchange Group) * Vanessa Tufnell (Cybersecurity Advisor at PWC) This panel will be moderated by Matt O’Neill host of the “Don’t Break the Bank” podcast, who will also provide the positioning talk. Sincere thanks to all our annual sponsors of LNETM for 2024 - iOCO Orrick UK FinTech Innovation Lab Own Company Ventuure Oli Bage Ian Ellis Paul Wood Get your tickets here https://lnkd.in/evSvAXDQ #dora #euregulation #operationalresilience

The outage of CrowdStrike's systems today serves as a stark reminder how reliant all businesses are on technology providers. More than ever, Investment Management firms are outsourcing functions to FinTech providers, of course including IT infrastructure cybersecurity. As firms re-evaluate business continuity programs, operational workflows, and technology vendors, FinTech companies have plenty of opportunity ahead. Convergence works with FinTech firms who service the global investment management and asset management ecosystem. We help our clients to engage with the right prospects by providing comprehensive marketplace data, advisor-level research, strategic solutions, and more. To learn more about how we can help your firm reach its growth goals, feel free to send me a message, or drop me an email at agambee@convergenceinc.com #Convergence #Cybersecurity #Fintech #CrowdStrike #ITSecurity #FinancialInstitutions #DataProtection #Hedgefunds #PrivateEquity