Yaron Naor, vice president and general manager, Americas, at Arkivum will present the company’s regtech record management and archiving solution based on open source and proprietary technologies at this week’s A-Team Group RegTech Summit for Capital Markets in New York.
We caught up with Naor before the event to find out a little about Arkivum’s views on regtech and its contribution to the market.
Q: What does RegTech mean to you?
A: Solving immediate and long-term compliance and regulatory challenges globally by leveraging the most disruptive and sustainable technologies, and significantly reducing cost of ownership.
Q: What regulations are of primary concern to you and your customers?
A: SEC/FINRA based record management, Markets in Financial Instruments Directive II (MiFID II) and General Data Protection Regulations (GDPR) data security and sovereignty mandates covering all e-comms.
Q: What problem do financial institutions have that you believe you can solve?
A: Compliance based record management and archiving solutions with data integrity, security and usability as the key ingredients.
Q: Why do they have this problem?
A: Due to the silo structure of the organisation, plus a lack of secured solutions that are in-line with compliance mandates.
Q: How do you solve the problem?
A: By providing a unified data safeguarding platform addressing all major global record keeping mandates. The platform has a modular and scalable architecture, secured data storage, preservation techniques and flexible workflows to process ingested data with stringent encryption algorithms.
Q: What technology do you use?
A: A combination of open source and proprietary technologies.
Q: How do you fit into a financial institution’s architecture and data flows?
A: Through our integration modules driven by industry standard REST APIs.
Q: Why are you taking part in A-Team’s RegTech Summit for Capital Markets event?
A: To increase market and brand awareness, educate market players, develop strategic partnerships and secure several proofs of concepts.
Q: What type of people are you hoping to meet at the Summit?
A: C level execs, key decision makers, compliance, regulatory and data governance officers, and engineering/IT Managers.