Avantage Reply

#OperationalResilience: Critical Third Parties to the UK Financial Sector SS6/24 (November 2024) outlines the UK regulators' expectations for how a critical third party (#CTP) should comply with the duties and obligations under the FSMA 2023. These requirements, collectively referred to as the 'CTP duties', are designed to manage risks to the stability of, or confidence in, the UK financial system. The post highlights: ● The Role of CTPs and its responsibilities in the UK economy ● The CTP Scope and Designation Criteria (under FSMA 2023) ● Comparison with the EU’s #DORA Framework ● Key Takeaways for Financial Institutions and CTPs Vishwas Khanna, Frederic Gielen, Marty Clark, Ritianne Abela, Małgorzata Tynecka, John Nendick, Valentina Vargas, Lokesh Kamble, FRM, SCR #FinancialRegulation #CTP #UKFinance #DORA #OperationalResilience #RiskManagement

✨ We are delighted to share the success of our recent Avantage alumni event 2024! ✨ It was a warm and vibrant evening where our alums reconnected, caught up on the latest developments in the industry, and networked with fellow professionals. Thank you to everyone who attended and made the event possible and memorable. Your ongoing connection and support mean the world to us. We look forward to more opportunities to celebrate our shared journey! #AvantageAlumni #Networking #Community Gwenaël Gavray, FRM, Thibault Thomas, FRM, Phong Nguyen

New Joiner - Welcome to Saad Kamhiyah who joined Avantage Reply UK!

New Joiner - Welcome to Jack Hutchinson who joined Avantage Reply UK!

Avantage Reply’s 𝐂𝐑𝐎 𝐅𝐨𝐫𝐮𝐦 𝐢𝐬 𝐁𝐀𝐂𝐊! We kicked off 2024-2025 season with the most loved and feared subject – 𝔻𝕒𝕥𝕒. Together with 15 CROs and one of ECB's coordinator of BIRD Antigoni Kallergi, we explored the current challenges and opportunities with data management, and how initiatives such as #BIRD can help banks tackle today’s data challenges. 𝘚𝘦𝘦 𝘺𝘰𝘶 𝘪𝘯 𝘢 𝘧𝘦𝘸 𝘮𝘰𝘯𝘵𝘩s 𝘧𝘰𝘳 𝘰𝘶𝘳 2𝘯𝘥 𝘴𝘦𝘴𝘴𝘪𝘰𝘯 of 𝘵𝘩e 𝘴𝘦𝘢𝘴𝘰𝘯. Gwenaël Gavray, FRM Thibault Thomas, FRM Phong Nguyen Morgan Serfiotis Frederic Gielen Magdalena Murawska Max Malonukhin, FRM Renaud Flabat

📣 First Half of 2024 in Digital Assets: Key Takeaways Our latest report brings up some interesting insights from H1 2024 in the digital asset space. Dive into trends around cryptocurrency market caps, stablecoin dynamics, and the main developments in real-world asset tokenization. This is your go-to analysis for staying informed! #DigitalAssets #CryptoInsights #AssetTokenization #Stablecoins

The recent FSB report, Depositor Behaviour and Interest Rate & Liquidity Risks in the Financial System, sheds light on how depositor dynamics and rapid rate changes are reshaping the stability of financial institutions. The March 2023 banking turmoil revealed the vulnerabilities of banks, insurers, and other financial entities to swift depositor actions, spurred by digital channels and economic pressures. In a world where technology amplifies both risk and opportunity, traditional risk management frameworks need an update. Please see the overview of insights below: Source: https://lnkd.in/da64-5_u #RiskManagement #ALM #LiquidityManagement #InterestRateRisk #LiquidityRisk #FSB #FinancialStability #FutureOfBanking

Excited to share the results of our 2024 AML/CFT (Anti-Money Laundering/Counter-Financing of Terrorism) Luxembourg survey on current practices, challenges and future landscape ! 🏦 🔎The findings highlight key trends and obstacles faced by institutions in fighting money laundering and terrorist financing, while maintaining a focus on being compliant with the current regulations. Our analysis provides actionable insights to enhance your compliance strategies and bolster your AML/CFT risk management framework. A big thank you to everyone who participated or contributed to this important survey. 🤝Let’s continue to work together to strengthen the AML/CFT measures in Luxembourg ! #AML #CFT #RiskManagement #Compliance #FinancialCrime #AvantageReply #AI #GenAI #MachineLearning #Sanctions #TransactionMonitoring #Governance #ControlMonitoringPlan #Futureofcompliance Magdalena Murawska, Benoit T., Gwenaël Gavray, FRM, Thibault Thomas, FRM, Phong Nguyen, Frederic Gielen

🍇 Uncorking Creativity & Collaboration in Reims! 🍇 Our teams from eFinance and Avantage Reply (Luxembourg & Brussels) offices just traded their screens for the scenic vineyards of Reims, for an unforgettable offsite experience. Over nearly three days, we stepped away from the digital realm to connect, collaborate, and co-create in ways that virtual meetings just can't capture. 🌿🤝 What made this offsite special? Creative Games: Engaging activities that sparked innovation and teamwork Team Building: Strengthening bonds through cooperation In-Person Interaction: Enjoying face-to-face connections with a Gala dinner and a lot of fun times until early moning! This offsite was more than just a break from routine; it was a celebration of our team's spirit and synergy. A heartfelt thank you to everyone who participated and made this event a resounding success. #Avantage #eFinance #Reply #TeamBuilding

Another successful Wine Tasting event just took place! This year we welcomed our Group CEO – Tatiana Rizzante. Together, we welcomed our most valued clients for an evening of networking, insightful discussions, and exquisite wines from around the globe. Thank you to everyone who joined us in making this event memorable! 🍷 #Avantage #Reply #WineTasting #eFinanceConsulting #BusinessElement #Zest TATIANA Rizzante, Frederic Gielen, Gwenaël Gavray, FRM, Thibault Thomas, FRM, Phong Nguyen, Hugo Larguinho Brás, Estelle Fremaux, Stéphane Dorrekens, Amaury Vanderhaegen, Laurent Deramaix