RegTech Insight Blogs The latest content from across the platform
RegTech Insight – Keeping Your Finger on the Regulatory Pulse
Welcome to Regtech Insight (RTI), a brand-new platform from A-Team Group bringing you the very latest in news, insights and exclusive analysis from the complex and fast-changing world of regulatory technology. Forming the third pillar of our comprehensive information service, RTI stands alongside Data Management Insight (DMI) and Trading Technology Insight (TTI) to offer a…
Growing Sense of Realism Around RegTech Implementation, Warns Thomson Reuters
There is an emerging sense of pragmatism around the adoption of new technology, according to the latest global survey from Thomson Reuters Regulatory Intelligence, released today. While the potential advantages of FinTech and RegTech are widely acknowledged, there is a growing sense of realism around the implementation challenges and practical reality of achieving the promised…
FRTB Poses Potential Threat to Smaller Regional Banks
In January the Basel Committee released final revisions to the upcoming Fundamental Review of the Trading Book (FRTB), including a number of modifications to make the regulation more palatable to industry players and a confirmed deadline of January 2022 for initial implementation. Despite its modest revisions, the transformative framework will enforce one of the biggest…
OneSumX: A New Way of Meeting CECL Reporting and Compliance Obligations
A-Team Group speaks exclusively to Wolters Kluwer to learn more about OneSumX, a suite of integrated regulatory compliance solutions, and how it can assist firms to meet compliance requirements for the Current Expected Credit Losses (CECL) credit loss accounting standard model introduced in June 2016 by the Financial Accounting Standards Board (FASB). What is CECL…
No-Deal Brexit Could Threaten GDPR Compliance
By Alex Scheinman, Director, ACA Compliance Despite its crucial importance, data protection in a post-Brexit world is not getting the attention it deserves. UK firms have spent a significant time preparing for the General Data Protection Regulation (GDPR) as members of the EU. However, Brexit means that they may have to comprehensively re-think their approach…
The Road to Success: Wolters Kluwer’s Claudio Salinardi
What makes a business chief tick? How did they get to where they are today, and what bumps did they experience along the way? We speak to Claudio Salinardi, Executive Vice President & General Manager of Wolters Kluwer’s Finance, Risk & Reporting business, to find out… 1. What was your journey to becoming General Manager…
The Rise and Rise of RegTech: Bringing Asset Management into the Digital Age
By Kevin O’Neill, Global Head of Buy-Side Division, Fenergo Technology is advancing at lightning speed. Blockchain, AI and other cutting-edge technologies have completely disrupted the financial services sector in recent years. Now, as the global banking industry turns its attention to regulation and compliance, the newest kid on the fintech block, regtech, is set to…
Overall Concerns Remain High in Wolters Kluwer’s 2018 US Regulatory and Risk Management Survey
Wolters Kluwer’s Compliance Solutions division in December released the results of its annual Regulatory and Risk Management Indicator survey for the US in 2018. The survey showed a Main Indicator Score of 85, an 18% decrease from 2017. The high score demonstrates continued anxiety on certain risk and regulatory issues that demand close attention. However, the firm highlights…
MiFID II: One Year On and None the Wiser
By Christian Voigt, Senior Regulatory Advisor, Fidessa MiFID has achieved the rare feat of becoming a genericized trademark. In the same way that Xerox stands for copy machines in general, MiFID has turned into a synonym for all financial markets regulation. With the scorecard for its first birthday due, whether MiFID II really is ground-breaking,…
BBVA Compass Selects Wolters Kluwer’s OneSumX for US Regulatory Reporting
BBVA Compass, the US-based subsidiary of Spanish multinational banking group BBVA, in January announced its plans to implement the OneSumX solution from Wolters Kluwer to provide regulatory reporting software for its US operations. BBVA Compass is headquartered in Birmingham, Alabama and has a major presence throughout the ‘Sunbelt’ region of the US, with total assets…