RegTech Insight Blogs The latest content from across the platform
Banks are Tackling Unique Challenges with ESG Data, Says CGI
Non-retail banks are wrestling with unique data requirements and challenges as they strive to build their ESG capabilities. A combination of factors including weak reporting standards and legacy technology is slowing wholesale lenders’ efforts to gather and use data needed to green their loan books and operations, according to IT and business consulting giant CGI….
Nasdaq Enters Definitive Agreement to Acquire Adenza, Plans Expansion of Regtech Reach
Nasdaq has entered a definitive agreement to acquire Adenza, a provider of risk management and regulatory solutions, from software investment firm Thoma Bravo. The $10.5 billion cash and shares deal will significantly increase Nasdaq’s offerings across regulatory technology, compliance, and risk management, and complement its marketplace technology and anti-financial crime solutions. It will also expand…
Compliance Consultant Partners with Clausematch to Enhance Firms’ Compliance Strategies
Compliance solutions provider Clausematch has forged a strategic partnership with Compliance Consultant, which provides compliance guidance primarily for financial institutions, with a focus on FCA compliance and authorisation. The alliance is aimed at helping clients strengthen current compliance strategies and best practices with advanced policy management and compliance automation solutions. The two companies plan to…
Asset Owners’ Group Extends Access to SDG Assessment Tool
As asset owners take more control of their investments, doing the kind of due diligence and research usually associated with asset managers, one group of participants is providing fellow institutions with a novel way to meet their ESG mandates and obligations. Amsterdam-based Sustainable Development Investments Asset Owner Platform (SDI AOP) has partnered with global index…
ICE Benchmark Administration Provides Update on LIBOR Cessation and Synthetic LIBOR
ICE Benchmark Administration (IBA), the authorised and regulated administrator of LIBOR, has provided an update on LIBOR settings yet to be ceased and synthetic LIBOR methodologies. The UK FCA issued its final messages on LIBOR at the end of May 2023, prior to the end of the US dollar LIBOR panel and reminding market participants…
Fenergo Combines KYC and Transaction Compliance to Provide Real-Time Customer Intelligence
Fenergo has released KYC & Transaction Compliance, an offering for fintechs – and later financial institutions – that combines the company’s KYC and transaction monitoring solutions to provide a single, integrated SaaS solution that continuously monitors customer profiles and detects suspicious transaction activities, including money laundering and terrorist financing, in real time. KYC & Transaction…
Regnology Continues Expansion of Solutions Portfolio with Invoke Purchase
Regulatory reporting solutions provider Regnology’s definitive agreement to acquire Invoke, a France-based supplier of financial, regulatory, and tax reporting solutions for supervisory authorities and reporting entities, marks the fifth acquisition in less than a year for the company, which was spun out of BearingPoint in 2021. The aggressive acquisition programme is aimed at offering a…
Overnight Trading Specialist Blue Ocean to Deploy S3 for CAT Reporting
Blue Ocean Technologies’ Blue Ocean ATS trading platform has selected S3, a regulatory reporting and trading analytics provider, for reporting to the US Consolidated Audit Trail (CAT). Blue Ocean Technologies specialises in global afterhours trading. According to Matthew Horisk, Chief Information & Operating Officer for Blue Ocean Technologies, “Utilizing S3’s CAT Reporting Service will be…
Vontobel Expands Deployment of NICE Actimize Markets Surveillance Platform
Swiss investment firm Vontobel has renewed its contract with NICE Actimize, and expanded its use of the SURVEIL-X Markets Surveillance platform. The broadened arrangement will support Vontobel’s future growth plans while continuing to meet its current regulatory requirements. The new arrangement allows long-time NICE Actimize client Vontobel to add new capabilities going forward. Vontobel’s use…
VerifyVASP Becomes First LEI Validation Agent Operating Exclusively in Crypto and Digital Asset Trading
VerifyVASP, a Singapore-based RegTech solution provider to virtual asset service providers (VASPs), has joined the Global LEI System as a validation agent. The company is the first validation agent to operate exclusively in the crypto and digital asset trading space. As a validation agent, VerifyVASP can help obtain Legal Entity Identifiers (LEIs) for its VASP…