IT advice, Solutions and Support for Regulated Firms
IP Sentinel have a unique insight into the why’s and how’s of IT Systems, based on our experience in building services and support for a wide variety of firms both in terms of size and strategy. We have a partnership with Cordium to provide a breadth of Regulatory and fund services aside from technology.
Our primary focus is securing your Information Technology through robust procedures, systems, support, continual monitoring and regular auditing
In the UK, the FCA Principles and the SYSC handbook in particular have deep implications on IT Systems, company policies, requirements around data monitoring and data retention. IP Sentinel has lived through this, understands what the FCA requires and delivers appropriate IT solutions to our customers.
From The start of this year there are new call recording requirements set out in SYSC10A. That’s pretty old news. What has sneaked in there however is this little beauty…. SYSC 10A.1.7 R 03/01/2018 A firm must take all reasonable steps to prevent an employee or contractor from making, sending, or receiving relevant telephone conversations […]
Far Eastern International Bank said hackers compromised its network and transferred nearly US$60 million overseas Hackers managed to steal $60m from the Far Eastern International Bank in Taiwan by infiltrating its computers last week. However, most of the money has been recovered, and two arrests have been made. Far Eastern on Friday said it reported […]
20% more Investment Firms Cyber Security Incidents Reported in 1st 4 months of 2017 than the whole of 2016
In a response to an FOI Request asking “The total number of cyber incidents (both attacks and those attributable to human error) suffered (to your knowledge) by the private equity firms that you regulate” The FCA doesn’t hold data for Private Equity particularly but does for firms with Managing Investment permissions and the results are […]
In a response to an FOI Request that asks the FCA for: “The number of reported data breaches for financial advisors, insurance, lenders, pensions, total (of these sectors), for each month from March 2013 up to March 2017” How many breaches did the IFA sector make in the 4 years that covers? Two There were, […]