The Road to Big DataDecember 11, 2012As big data becomes inescapable in today's financial services industry, institutions can prepare by surveying the analytics landscape, targeting a specific problem to solve, studying relevant cases and expanding capabilities with the right technology solut
My Actions Were Not Fraudulent, Says UBS "Rogue Trader"October 26, 2012Accused UBS "rogue
trader" Kweku Adoboli said on Friday he did not believe his
behaviour had been fraudulent and it was unfair to suggest that
his previous jobs in the UBS back office had given him the
knowledge and skills to commit fraud.
Peregrine CEO Pleads Guilty to Fraud; To Stay in JailSeptember 18, 2012Peregrine Financial Group's former Chief
Executive Russell Wasendorf Sr. pleaded guilty on Monday to
embezzling more than $100 million from customers of his futures
brokerage, lying to regulators to cover his tracks, and mail
Court Told of UBS "Rogue Trader" Spread-Betting LossesSeptember 18, 2012Accused UBS "rogue trader" Kweku
Adoboli lost 123,000 pounds ($200,000) on a spread-betting
account in his last year at the Swiss bank even though he had
been in trouble over personal trading and UBS had banned it, a
British court heard on Monday.
Mobile: Data Security's New FrontierApril 06, 2012As clients increasingly expect to be able to trade, transfer funds and do almost anything else they can do on a PC from their mobile devices, Wall Street technology executives must figure out how to protect data outside the enterprise.
Market Fraudsters vs. the Genuine(rs): Who's Winning?March 13, 2012Managing systemic risk — and preventing market abuse — is one of today’s greatest challenges, and regulators have been intensifying their efforts to clean up the markets. But are the good guys winning the war against fraudsters?
Irving Picard Could Be Biggest Winner In Madoff Scandal May 27, 2011According to Bloomberg, Picard charges $5,803 for a day's work. And now 800 Madoff investors who are trying to recover the funds they lost in the sprawling Ponzi scheme, are understandably angry at the trustee's hefty pay day.
Attachmate Tackles Insider Fraud With LuminetJuly 02, 2010Luminet captures user activity across the enterprise, helping organizations to protect sensitive data, reduce internal fraud and enable regulatory compliance, according to Attachmate.
Insider Trading: Can It Be Stopped?January 29, 2010With the SEC under pressure to salvage its battered reputation, the regulator has been acting with new-found zeal to eliminate insider trading.