June 2019
Greetings!

This month we’ve got a mix of news on market data, financial breach, regulatory oversight, system outages, and future science for you.
 
Regulatory oversight has hit Facebook again this week due to Facebook’s backing of the Libra cryptocurrency, and one blockchain expert explains that “Facebook is effectively creating a supra-national currency that competes directly with national currencies” and plans to roll it out to over 2 billion users by the end of 2020.
 
This extension of Facebook’s financial power has provoked the ire of some and spooked others, and the article points out that Visa and Mastercard are also backing the coin as a proactive way of monitoring and influencing this potential market disruptor.
 
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Best Regards, 
David Gemma, CEO/CMO at UNAPEN, Inc. 
Google Outages, Twice in 2 Weeks!
Outages took down Google Nest smart home devices and apps such as Gmail, G-Suite, YouTube, Snapchat, and Discord. Then, less than 2 weeks later, Google Calendar goes down. What does this tell us? SaaS Applications Are Not Immune to Downtime & Data Loss. Learn More About Protecting Your Firm Here...
45% Of Unplanned Downtime is Caused by Hardware Failure
AND most do not show symptoms before the failure event occurs!
While this video takes a humorous position on a few real world scenarios, Wealth Management Firms need to be very serious about protecting their data and avoiding costly downtime.
Another Breach: Cetera Financial
For the last few years, the number of data breaches being reported in the FinServ Industry has been rapidly growing. The latest, Cetera Financial Group, discovered a compromise putting over 2,000 of their clients at risk. Voya Financial and others mentioned as well. Read More Here...
Future of Bridges in Popular Science
An interesting article about the status of our infrastructure, specifically bridges. Take a look at some of the modern day issues raised in this article. Hear concepts that may one day become a reality to help handle the increasing volume and needs of travelers today. Read More Here...
Refinitiv Market Data Awards Winner
For the second year in a row, Refinitiv has topped the list on the reader survey for Best Market Data Provider. For those unaware, Thomson Reuters Financial & Risk division is now Refinitiv. The name may have changed but the data quality has not! Read the Report Here...
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