A-Team Insight Blogs The latest content from across the platform
Operational Inefficiencies Costing Banks $3.3trn: Fenergo
New research from client lifecycle management provider Fenergo reveals that slow and manual onboarding processes could lead to commercial and business banks individually losing $4.5 billion in revenue if they don’t bring their technology and systems up to date. With onboarding times rising by an average of three weeks in the last 12 months, if…
Confluence Technologies Acquires StatPro Group in £161m Deal
US-based ConfluenceTechnologies, a provider of investment data management automation for regulatory, financial and investor reporting, has acquired the UK’s StatPro Group (StatPro), a specialist in cloud-based portfolio analytic software, asset data services and data management tools for the global asset management industry and asset management service providers. The all-cash transaction, amounting to around £161.1 million…
ASG Announces New Model for Data Intelligence
ASG Technologies, at its annual EVOLVE customer conference held in Florida last week, announced a dynamic new trust scoring capability for ASG Data Intelligence, its metadata management solution, designed to help Chief Data Officers provide self-service access to trusted data. With a (patent pending) trust model, the new solution will help data consumers to identify…
Trade and Transaction Reporting Challenges – EU Demands for US Firms
At the upcoming RegTech Summit New York, William Gates of SmartStream RDU will be enlightening us as to the current challenges around MiFID II and MiFIR for US-based firms; as well as giving a rundown of where we are (as far as anyone can really know!) with Brexit, and what the implications could be for…
MPs Call for Action Over IT Failures, Target Cloud Service Providers
MPs from the influential Treasury Committee have slammed the “unacceptable” level of IT failures in financial institutions, warning that greater penalties should be exerted on institutions that fail to meet requirements and calling for the UK’s three major regulators – the Financial Conduct Authority, Prudential Regulation Authority, and the Bank of England – to be…
FCA Pledges Major Investment in Data Analytics
The UK’s Financial Conduct Authority (FCA) has come in for its fair share of criticism over the years, both in the wake of the financial crisis and in the run-up to Brexit – and as the FinTech revolution sweeps across the global financial markets, the regulator is struggling to find its place in this brave…
SmartStream Launches New Artificial Intelligence Module
Transaction Lifecycle Manager solutions provider SmartStream Technologies has completed the proof of concept for its new artificial intelligence (AI) and machine learning module, to operate within its existing TLM Cash and Liquidity Management solution for receipts and payments and assist businesses with liquidity risk management and regulatory reporting. Hitherto, the firm has focused on developing…
Legal Compliance Planning Q&A: What Should Your Top AML Priorities Be for 2020?
Every bank needs a law firm, and the legal department is often the silent partner in the compliance dialogue – but their expertise is nonetheless essential. With 2020 on the horizon and regulations such as the EU’s Fifth Money Laundering Directive (5MLD) front and centre when it comes to compliance, many law firms will be…
Asset Control Adds PaSSPort, a Low-cost, Managed Data Service for Specific Use Cases
Asset Control has extended its managed services capability with the release of PaSSPort, a managed data service designed to augment infrastructure with specific use cases quickly and at a relatively low price point. PaSSPort builds on the company’s AC PaSS managed services that were introduced as enterprise solutions early this year and have gained traction…
ASG Technologies Accelerates Automation Processes with Zenith Platform
ASG Technologies has released ASG-Zenith, a digital automation platform designed to increase competitiveness by accelerating and simplifying automation processes using technologies and services that are integrated through the company’s visual design environment, ASG-Studio. The platform’s low-code/no-code approach means business users and IT can work together using their knowledge to accelerate delivery of automated processes. ASG-Zenith…