RegTech Insight Blogs The latest content from across the platform
The Essence of Digital Transformation is Data and the Message – Don’t Give Up
Digital transformation is all the rage among financial institutions, but it comes with significant data management challenges and can hit the wall if it is not underpinned with a strong data foundation and the right skills. That said, an audience poll on the status of digital transformation projects run during an A-Team Group webinar this…
SimCorp Partners SIX on Sanctions Service
SimCorp and SIX have partnered to add the latter’s Sanctioned Securities Monitoring Service to the former’s Compliance Manager module of SimCorp Dimension. The aim is to give SimCorp users access to global sanctions data directly from SIX, allowing them to detect breaches against supported sanction regimes. The Sanctioned Securities Monitoring Service from SIX provides a…
Is Your Firm in the Stone Age or Information Age of Artificial Intelligence?
We’ve talked about the potential of artificial intelligence (AI) to improve efficiency, accuracy, creativity and generate business growth for years – and it’s benefits are now beginning to be realised and reported. A recent report from Broadridge Financial Solutions, the company’s second annual AI Outlook Survey, headlines data mining as the top user of AI,…
Refinitiv Details Ongoing Commitment to KYC and Fighting Financial Crime
Refinitiv is back on track following its decision to withdraw its KYC as a Service offering with plans to focus on its World Check, Media Check, Extended Due Diligence and recent partnership with Trulioo on digital entity solutions to meet customer needs for Know your Customer (KYC), due diligence and third-party risk management. The company…
Refinitiv Addresses Money Laundering through Partnership with Napier
With financial crime a key agenda issue at financial institutions, Refinitiv has partnered Napier, a provider of anti-money laundering (AML) and intelligent compliance software, to offer a next-generation transaction monitoring solution designed to help firms tackle money laundering and combat emerging threats of financial crime. The partnership offers Napier’s analytics, automation and artificial intelligence (AI),…
The Regulatory Landscape and Developments in Europe
By Rachel Woolley, Global AML Manager, Fenergo In the 10 years since the global financial crisis, regulatory frameworks around the world have been radically transformed. And although the aim of the overhaul was to improve the resilience of financial institutions and regain investor confidence, it has left many financial organisations grappling with an ever-increasing regulatory…
Clausematch Uses AI to Take Compliance Deeper
Clausematch, a UK-based RegTech, is on a mission. The company wants to unleash the unstructured data found within compliance processes to help create a more connected approach to shaping organisational culture within financial firms. According to founder and CEO Evgeny Likhoded, Clausematch technology helps banks implement and manage internal policies procedures, as well as demonstrate…
HSBC Takes on Financial Crime Tech Challenge with AI Approach from Quantexa
HSBC has launched a global analytics platform that identifies potential financial crime by contextually analysing customer, transactional, and publicly available data in order to understand a customer’s global network. The platform, developed with AI solution provider Quantexa, illustrates how firms are deploying RegTech solutions to address the ongoing regulatory focus on financial crime compliance, with…
TradingTech Summit Opens with Focus on Digital Transformation
A-Team Group’s TradingTech Summit, hosted in New York City earlier this week, opened with a focus on digital transformation and its impact on business. Simon Letort, chief digital officer and head of innovation at Société Générale Americas, presented a keynote covering innovation and digital change at the bank, and how it is building a shared…
Refinitiv Meets Demand for More Data on China’s Economy and Financial Markets
Refinitiv is responding to increasing client demand for content, data and insight on China’s economy and financial markets with the addition of 300,000 economic data series to its Datastream database, and FX and fixed income data from the China Foreign Exchange System (CFETS) to its Elektron and Eikon data platforms. These additions are part of…