RegTech Insight Blogs The latest content from across the platform
Alexandre Kech Steps Up to Role of GLEIF CEO as Stephan Wolf Steps Down
Following the decision by Stephan Wolf, CEO of the Global Legal Entity Identifier Foundation (GLEIF), to step down from the role on 24 June 2024 after a decade of leading the foundation from its start-up phase to the growing organisation it is today, the GLEIF board of directors has appointed Alexandre Kech to the position….
SmartStream Reference Data Services Provides Derivatives Data for EMIR Refit
SmartStream Reference Data Services (RDS) has released an enhanced derivatives data service providing in-depth insights into futures related transactions and playing into EMIR Refit reporting requirements. EMIR Refit is geared towards enhancing transparency and stability in the OTC derivatives trading market and is set to take effect in April for Europe and September for the…
Duco Offers Transaction Reporting Eligibility Validator for EMIR
Duco, a provider of Software-as-a-Service (SaaS) AI-powered data automation, has released a transaction reporting eligibility validator that provides an independent validation of internal eligibility rules by using field-by-field comparison of individual financial services firms’ rules versus existing ESMA eligibility requirements. The solution highlights under and overreporting using Duco’s reconciliation and exception management capabilities, and regulatory…
FCA Focus on Non-Financial Misconduct Amplifies Case for Comms Surveillance
By Oliver Blower, Chief Executive Officer of VoxSmart. Leading City compliance professionals have been bombarded with reasons to enhance their employee communications surveillance capabilities over recent months, with fresh headlines making the case on an almost daily basis. Recently, yet another story broke around the threat posed by insider trading, with ex-Goldman Sachs analyst Mohammed…
EMIR Refit at T-minus 60: What’s Expected of Regulated Firms?
With the EMIR Refit deadline less than 60 days away for entities within the EU and the UK’s own version set to launch in September, firms are expected to be in the advanced stages of preparation. By now, firms should be close to completion of the Trade Repositories’ six-month User Acceptance Testing (UAT) phase, which…
A-Team Group Announces Winners of RegTech Insight Awards APAC 2024
A-Team Group has announced the winners of its RegTech Insight Awards APAC 2024. The awards are designed to recognise excellence in RegTech solutions and services, and focus on vendors providing exceptional offerings to capital markets participants in APAC. The winners of the awards were announced on 6 March 2024. This year’s RegTech Insight Awards APAC…
Archer Acquisition of Compliance.ai Drives AI-Powered Regulatory Compliance and Risk Management
Compliance.ai, a San Francisco, California-based provider of AI driven regulatory change management solutions, has been acquired by Kansas headquartered risk management specialist Archer. The acquisition will enable Archer to supplement its compliance line-up with cutting-edge AI technology to automate the monitoring, tracking, reporting, and response to changing regulations in real time. Archer integrates risk and…
Themis Adds AI Chatbot to Financial Crime Platform
Themis has released an AI-powered chatbot integration for its financial crime platform. The chatbot is designed to provide instant assistance, speedy responses, personalised support and connections to experts. The 24/7 availability allows customers to receive assistance at any moment regardless of time zones or business hours, while instant responses supported by the inclusion of natural…
Cappitech Regulatory Reporting Survey Insights
By Struan Lloyd, managing director, head of S&P Global Market Intelligence. Recently, we conducted our 6th annual Cappitech Global Regulatory Reporting Survey that aims to capture the pulse of the trade and transaction reporting industry. The survey results were released at the end of 2023 and revealed that lack of resources and poor data quality…
Singapore-Based GRC Solutions Provider Xcelerate Secures Funding for Acquisitive Growth
Xcelerate, a Singapore-headquartered provider of governance, risk and compliance (GRC) solutions to industry sectors including capital markets, has secured an equity funding round with participation from funds managed by Altair Capital and Exacta Capital Partners. Co-founders, management and select existing shareholders of Xcelerate also participated in the funding, which will be used to finance acquisitions…