Voice systems provider has created an advisory board to tap industry expertise on the use of technology in regulatory compliance and market surveillance. To kick off the initiative, the company has recruited three industry executives: Nick Child, former Citi markets compliance head, who will act as chairman;
Sandy Broderick, ex-Société Générale MD; and Oliver Blower, CEO of RegTech firm VoxSmart and formerly of Bank of America Merrill Lynch and Barclays Capital.
As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...
When compliance teams hear “AI,” enthusiasm is often tempered by unease. The promise of automation is tempered by the reality of black-box models, hallucinations, privacy risks, and the nagging question of whether the technology will meet regulators expectations. Behavox, a Montreal- and London-based RegTech, is seeking to bridge that trust gap with its latest release:...
Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.
This special report accompanies a webinar we held on the popular topic of The Data Management Challenges of Client Onboarding and KYC, discussing the data management challenges of client onboarding and KYC, and detailing new technology solutions that have the potential to automate and streamline onboarding and KYC processes. You can register here to get immediate...