RegTech Insight Blogs The latest content from across the platform
Clearstream Banking Selects Regnology Rcloud Solution for Reporting
Clearstream Banking, a central securities depository and provider of global post-trade services within the Deutsche Börse Group, has engaged Regnology to migrate its on premise regulatory reporting to the cloud using Regnology’s Rcloud solution, which is powered by the Google Cloud Platform and was released in 2022. The migration is subject to regulatory approval. The…
eflow Global Plans Range of New Products Post £7 Million Funding Round
RegTech solutions provider eflow Global has raised £7 million in capital through a Series A funding round. The company plans to invest the funds in R&D for new products and to accelerate growth with a particular emphasis on North America and Asia-Pacific. Founded in 2004, eflow provides financial firms with software solutions to help them…
ACA Partners LeapXpert to Extend Surveillance of Off-Channel Communications
CGRC specialist ACA Group has partnered LeapXpert to deliver greater capabilities for off-channel communications monitoring. The partnership provides enhancements to archival, workflow, and surveillance features across WhatsApp, iMessage, SMS, WeChat, Telegram, LINE and Signal, and comes at a time when regulators are looking more closely at how financial firms are communicating internally, as well as…
ECB Launches Consultation on Guide Urging Banks to Improve Risk Data Aggregation and Reporting
The European Central Bank (ECB) has launched a public consultation covering its Guide on Effective Risk Data Aggregation and Risk Reporting, noting that ‘adequate capabilities in this area are still the exception, and banks have to improve their risk data aggregation frameworks, also in light of the BCBS principles’. Ultimately, banks are expected to step up…
FCA Makes Digital Sandbox Permanently Available, Invites Data Providers to Apply to List Data on the Platform
The Financial Conduct Authority (FCA) will make its Digital Sandbox available permanently from 1 August 2023 following two successful pilots. The aim is to open up the platform to a broader range of innovative businesses, start-ups and data providers. The sandbox is a testing environment that enables the FCA to support firms at the early…
CRIF and Know Your Customer Help Hong Kong Bank with Client Onboarding
Credit management specialist CRIF and Know Your Customer have partnered to help Ping An OneConnect Bank (Hong Kong) to enhance the digital onboarding process for its small and medium enterprise clients. The initiative is aimed at helping PAOB to meet growing demand for quick-to-access banking services. The new highly scalable and cloud-native solution, developed by…
Regulatory Compliance – a Special Report Published by The Times in Partnership with A-Team Group
The Regulatory Compliance special report published by The Times in partnership with RegTech Insight from A-Team Group last week takes a deep dive into compliance issues on the agenda at financial institutions, looks to the future of regulation, and touches on emerging AI solutions. We’re of course thrilled to be partnering with such a prestigious brand here…
Graph Technology Supports Financial Institutions with Indirect Emissions Reporting
Solution Architect Dr. Michael Moore, Ph.D. outlines how graph tech supports financial institutions working to meet Scope 3 carbon reporting requirements. Under the Greenhouse Gas (GHG) Protocol, financial services institutions will soon be tasked to estimate and report their carbon emissions, not just ‘Scope 1 and 2’ activities, but new Scope 3 activities that extend…
ISSB Assumption of TCFD Brings a Global Reporting Code a Huge Step Closer
The set of climate reporting recommendations that are regarded as the go-to guideline for national regulators, companies and financial institutions alike has become the latest major piece added to an emerging global sustainability disclosure framework. From next year, companies that align with the Taskforce for Climate-related Financial Disclosures (TCFD) will be monitored by, and required…
Corlytics Targets Regulatory Risk Value Chain with Clausematch Acquisition
Last week’s acquisition of Clausematch by Corlytics aims to create a comprehensive offering that manages the entire regulatory management value chain. The combination of Corlytics’ intelligent regulatory content with Clausematch’s expertise in smart contracts will allow the new entity to help clients throughout the regulatory risk value chain, from regulatory monitoring and regulatory change management,…