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: Mastering Data Lineage for Risk, Compliance, and AI Governance

Financial institutions are under increasing pressure to ensure data transparency, regulatory compliance, and AI governance. Yet many struggle with fragmented data landscapes, poor lineage tracking and compliance gaps. This webinar will explore how enterprise-grade data lineage can help capital markets participants ensure regulatory compliance with obligations such as BCBS 239, CCAR, IFRS 9, SEC requirements...

BLOG

Making the Most of Mainframe Structured Data: Webinar Preview

Mainframes still provide the data and computational backbone of many financial institutions but some organisations are encountering challenges as they try to integrate them with newer architectures. Many are incompatible with cloud and server-based architectures as well as APIs. Work-arounds can be achieved but they require middleware that can be costly and time consuming to...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

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...