A-Team Insight Author: sharon
ACA Group Expands Global Presence with Acquisition of Effecta Compliance Group
ACA Group has acquired Effecta Compliance Group, a regulatory consultancy serving financial services firms in the UK and the United Arab Emirates (UAE). This strategic move marks ACA’s entry into the Middle East, enhancing its ability to support clients operating in or expanding to the UAE. The UAE’s financial sector has seen significant growth recently....
FinScan Boosts pKYC with Identity Validation, Adverse Media Screening and Risk Scoring
Innovative Systems’ FinScan AML Compliance solution has rolled out new perpetual KYC (pKYC) capabilities to bolster financial institutions’ ability manage evolving regulatory challenges and combat financial crime. The new enhancements include identity document validation, adverse media screening, and dynamic risk scoring, providing a more proactive approach to managing customer risk in a fast-changing environment. “The...
Paving the Way to T+1: Automation is Essential for the UK’s Settlement Shift
By Paul Chambers, Xceptor. With the UK’s move to T+1 settlement cycles expected to be a game-changer for financial markets, the UK Accelerated Settlement Taskforce has been drawing on lessons from North America’s T+1 transition. One such lesson from across the Atlantic is that insufficient automation led to increased manual processing and exception management, putting...
STP Differentiates Investment Services with ComplianceAdvisor for Buy-Side Firms
STP Investment Services has introduced STP ComplianceAdvisor, a new practice aimed at providing comprehensive compliance solutions for investment firms. This expansion leverages STP’s existing expertise in technology-enabled investment servicing to address the growing demand for compliance assistance among its investment advisory clients. STP ComplianceAdvisor also expands the company’s technological capabilities. The new team will leverage...
BlueFlame AI Brings Light to Opaque Private Markets
Private markets are relative newcomers to digital transformation, despite being rich in data drawn from the corners of the economy that the more technologically advanced public markets can’t reach. The founders of young start-up BlueFlame AI recognised this gap in the financial services market and have created a generative artificial intelligence (GenAI) platform that enables...
Assessing Nature Loss Impact: Bloomberg Unveils Latest Biodiversity Gauge
Early this year Bloomberg announced it would incorporate the London Natural History Museum’s Biodiversity Intactness Index (BII) into its own data products. The BII is a gauge of biodiversity change across the world, which the world-famous museum said offers a health check on nature. Now Bloomberg has launched its first product built specifically to utilise...
Enhancing our National Asset: Maximising the Value of Data Collections Across the Financial Sector
The Bank of England is working to transform how we collect, use, and share our data, to maximise its value. Key to this is transforming statistical productions and working with the FCA, international regulators and industry to transform data collections. This work facilitates the international competitiveness of the UK economy and its medium- to long-term...
SDX and RULEMATCH Partner to Provide Institutional-Grade Crypto Trading & Settlement Solution
SDX, the Zurich-based digital asset infrastructure subsidiary of SIX Group, has partnered with RULEMATCH, the institutional crypto and digital asset trading venue, to deliver a comprehensive, institutional-grade, end-to-end solution for the digital asset market, aimed at addressing the challenges of efficiency, security, and compliance for banks and financial institutions. This collaboration marks a significant step...
Exemptive Relief Expiry Alert: Fidessa Prepares for February 2025 CAT Deadline
The long-running consolidated audit trail (CAT) project has been a major industry achievement but with a compliance deadline rapidly approaching, exemptive relief on some particularly complex reporting issues is due to expire in February 2025. RegTech Insight caught up with ION’s Douglas Craig, Senior Product Manager at Fidessa who had raised concerns on the complexity...
Smart Trader Desktops: Placing UX at the Front and Centre of the Trading Workflow
No matter how advanced the technology stack or feature-rich the interface, a trading platform’s true effectiveness lies in the experience and the results it delivers. As user experience (UX) becomes increasingly crucial to the success and efficiency of trading platforms, designers face new challenges. So how can UX design keep up, enhancing performance without sacrificing...