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FINANCIAL
SERVICES
FACULTY
ICAEW.COM/FSFISSUE 120
NOVEMBER 2017
FSFocus
CLOUD COVER
HOW CLOUD
COMPUTING IS
TRANSFORMING FS
THE BIG PROFILE
SERGE TABOURIN ON
AVIVA'S BIG PUSH INTO
THE START-UP SPACE
THE £60BN QUESTION
WHAT WILL BREXIT
MEAN FOR LONDON'S
INSURANCE MARKET?
Deep
impact
The shocking effect
of natural disasters
on insurers and
company reporting
The Future Of Audit
How technology and
regulation are reshaping
the world of audit
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FINANCIAL SERVICES FACULTY ICAEW.COM/FSFISSUE 12
The Future Of Audit How technology
November 2017 Issue 120 COVER PHOTOGRAPHY: GETTY
WELCOME The gift of giving Although it's m
N E EWS & VENTS CHAIRMAN'S REPORT: WINTER IS COM
NEW ANA S LYSIS CONTROLLED MIGRATION Al
“Brexit has been the catalyst for rethinking thin
SMITH UPFRONT What is th
AV
COUNTING THE LOSSES With Hurricane Irma hitting t
for Florida and also a major event for the insura
such fall back. That said, it will likely be easi
COVER STORY $1.3bn total catastrophe bonds bough
HEAD IN THE CLOUDS Cloud computing is tra
CLOUD SERVICES powerful and pervasive actuar
Now that the political rhetoric has died down, an
NICK LOWNDES/IKON to all firms regulated by the
THE BIG PROFILE DIGITAL REVOLUTION If you can't
access to the market, which Aviva can provide (35
A WELL-DESERVED OPPORTUNITY You worked har
TECHNICAL: INTERNAL AUDIT CODE 2.0 The CI
READY FOR IFRS 15? Brendan van der Hoek assesses
annual fee for certain credit cards to cover the
LONDON'S BURNING QUESTION There is no stopping Br
TECHNICAL: INSURANCE In May EY found 10 out o
BUILDING BLOCKS Julian Miller and Michael Peeters
and mismatches, all of which increase costs. If a
TECHNICAL: REFERENCE TECHNICAL DIRECTORY A round
PEOPLE IN FOCUS RSA'S LATEST BROKER PROGRAMME
PEOPLE failure to prevent the criminal facili
T B ID CPD DISASTER OR OPPORTUNITY? Thomas
PEOPLE banks protect themselves, and prevent
U NFOCUSED THEY SAID IT... THE WORLD ACCORDING T
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