About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

RegulAItion Signs Up Open Data Institute for New AIR Platform

Subscribe to our newsletter

Data platform company RegulAItion has confirmed the Open Data Institute (ODI) as a key partner in the development of its new AIR Platform, a cross-sector data initiative hoping to revolutionise the fight against financial crime.

Announced in July 2020, the AIR Platform promises to transform the way in which data is accessed by regulated industries, providing a digital infrastructure for scalable, automated and responsible data access and offering a brand new way to tackle financial fraud – a timely announcement, given the  recent decision by the European Court of Justice to overturn the Data Transfer Agreement Privacy Shield between the United States and EU.

“We’re facing the perfect storm; there is simply more data in the world than we can handle, it is suffocating businesses, industries and regulators. Equally, data silos mean organisations are unable to develop meaningful solutions, and privacy concerns such as GDPR and commercial interests stand in the way of delivering collaborative efforts to share knowledge from data,” explains RegulAItion CEO Sally Sfeir-Tait.

The new partnership will see the ODI implementing an extensive research, testing and data ethics programme as the platform deepens its privacy-by-design approach.

“For decades, regulated sectors like banking and law have struggled to innovate because of data security concerns that have left them relying on legacy systems,” comments Stuart Coleman, Business Development Director for the Open Data Institute. “The AIR Platform from RegulAItion offers the potential to innovate more easily with the reassurance of safer data access and preserved privacy.  We’re excited to be looking into the business appetite for their platform across SME and MNC (Multinational Corporations) markets, giving us an opportunity to further explore the ethics of accessing, using and sharing data in regulated industries.”

Backed by Government funding from UK Research and Innovation (UKRI) and private investment totalling £1.67 million, the AIR Platform is being developed in conjunction with project collaborators including the Financial Conduct Authority (FCA), two international banks, Ashurst, Oasis Loss Modelling Framework, Wilson Wright Accounting and Tax Practice, University College London (UCL) and Loughborough University.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Detecting and preventing market abuse

Market abuse – unlawful disclosure of inside information, insider trading, circular trading, “pump and dump” schemes, etc. – poses significant threats to the integrity of capital markets. In 2024, global trading house Trafigura agreed to pay a $55 million fine to the U.S. Commodity Futures Trading Commission (CFTC) for trading with non-public information, manipulating a...

BLOG

AML Partners Extends Directed Intelligence with AI/ML Agents

With its RegTechONE® platform and Directed Intelligence framework, AML Partners is enabling financial institutions to train their own AI/ML models using internal operational data, ensuring that compliance automation aligns with real-world risk decisions and regulatory expectations. Unlike traditional AI models that rely on opaque, third-party training data, AML Partners’ Directed Intelligence records every compliance decision,...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Data Handbook 2014

Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been...