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

Thomson Reuters Builds Out Regulatory Change Management Offer

Subscribe to our newsletter

Thomson Reuters’ release of Regulatory Change Management is designed to help financial institutions harmonise their approach to regulatory change and compliance, mitigate risk and reduce administrative costs. The introduction of RCM follows Thomson Reuters’ acquisition of UK-based regulatory technology provider Empowered Systems in March 2016.

RCM is offered on Thomson Reuters’ Connected Risk platform and is a compliance workflow with a dashboard that allows compliance teams to connect standardised regulatory rules to their own procedures, and tailor the information they receive and frequency of notifications about regulatory changes, essentially letting them see regulatory change, ensure change is made to their processes and all necessary data is added for compliance.

The solution is web-based, or can be licensed as stand-alone software, and maps regulatory content from Thomson Reuters’ and third-party platforms to firms’ internal policies and procedures, allowing them to consolidate processes and cut duplicative processing across regulations.

Gareth Evans, managing director of Enterprise Risk Management at Thomson Reuters, says the company already offered solutions providing regulatory content, but saw the need for more versatile technology as the volume of regulation grew. RCM is based on Empowered Systems’ technology that provides more flexibility and the ability to improve the mapping of regulatory change to firm’s processes.

He explains: “Organisations used to recruit individuals to drive compliance programmes for each new regulation, but there is a huge overlap across regulations. To harmonise regulatory compliance processes, people need to come together and map all regulations to a single view of the business. RCM can help here.”

Thomson Reuters is initially targeting RCM at Tier 1 banks and fund managers in the Americas and Europe, although it plans to extend its reach to Asia Pacific later this year.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Hearing from the Experts: AI Governance Best Practices

The rapid spread of artificial intelligence in the financial industry presents data teams with novel challenges. AI’s ability to harvest and utilize vast amounts of data has raised concerns about the privacy and security of sensitive proprietary data and the ethical and legal use of external information. Robust data governance frameworks provide the guardrails needed...

BLOG

Scale and Governance Top Drivers of Modern Data Architecture Plans: Webinar Review

Financial institutions are investing in modern technology architectures to bolster the flexibility and scalability of their data management processes as the number of use cases for that information, and the volume of data they ingest, expands. They are also seizing on the latest architectures to strengthen data governance in response to the growing complexity of...

EVENT

RegTech Summit New York

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.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...