RegTech Insight Blogs The latest content from across the platform
Firms Turning to Voice Transcription to Address Regulatory Scrutiny
Demand for voice transcription services from surveillance professionals at financial institutions is at record highs, according to analysis from compliance data and technology specialist SteelEye. Firms are seeking voice-to-text solutions for calls on fixed-line, mobile, MS Teams, Zoom, WhatsApp, and other communications mechanisms as part of to their surveillance programmes. SteelEye analyzed all Requests for…
Video: ACA’s Charlotte Longman and Matt Chapman Discuss the Challenges and Solutions of Transaction Reporting
In this video, Charlotte Longman and Matt Chapman, managing directors and co-leads of ACA’s regulatory reporting monitoring and assurance solution – and winners of the most innovative trade and transaction reporting initiative in A-Team Group’s Innovation Awards 2022 – discuss the state of play in transaction reporting, the scale and detail of regulatory reporting breaches,…
A-Team ESG Data and Tech Summit Debuts with a Message of Care
“He who cares wins.” If the many takeaways from A-Team Group’s inaugural ESG Data and Tech Summit in London last week could be summarised in one quote, it is that from Sean Taylor, Executive Director, Canaccord Genuity Wealth Management. The former military serviceman paraphrased the slogan of the UK’s elite army corps, the SAS, to characterise…
ESG Data and Tech Summit: Planet and Profit Depend on Getting ESG Data Right
Getting ESG data right is vital not only for financial institutions’ bottom lines and to meet regulatory obligations but for the very survival of the planet. The hard-hitting observation was made by Phillip Miller, Co-Founder and Co-Chief Executive at software manager Solidatus in a keynote address to the inaugural A-Team Group ESG Insight Data and…
True Settlement Efficiency Lies Beneath the Surface of the CSDR Penalties Regime
By Heiko Stuber, senior product manager, financial information, SIX. What trades will we have to pay penalties on and how much will we need to pay? This is still the fundamental question financial institutions face since the Central Securities Depository Regulation (CSDR) Settlement Discipline Regime came into force back in February. But as so often…
Fenergo Addresses Financial Crime Surge with FinCrime Risk Solution
Know Your Customer (KYC) and client lifecycle management (CLM) specialist Fenergo has introduced FinCrime Risk, a SaaS-based solution for automating risk assessment processes and streamlining anti-money laundering (AML) compliance across all business lines and geographical locations. The SaaS-based solution allows financial institutions to conduct risk assessments for clients and counterparties as they attempt to address…
RepRisk: SFDR Must Go Beyond Disclosures to Capture Full Impact
European ESG legislation is failing to capture and mitigate the true impact of corporate activities on the environment and society, a leading data provider has said, calling for regulators to go beyond relying on company disclosures. Zurich-based RepRisk has argued that the European Union’s Sustainable Finance Disclosure Regulation (SFDR) needs to focus on impact, to…
ISS ESG Launches Customisable Tool to Meet Regulatory Requirements
ISS ESG has created a data-rich solution to help fund manufacturers and other asset managers create and manage portfolios that fit their sustainability strategies and comply with evolving global regulations. The Regulatory Sustainable Investment Solution (RSI) enables market participants to establish the proportion of their investments that adhere to customisable sustainability thresholds. The product if…
ISDA Adds Flagship FX Definitions and Documents to MyLibrary Digital Documentation Platform
The International Swaps and Derivatives Association (ISDA) has added its flagship foreign exchange definitions and related annexes, supplements and templates to the ISDA MyLibrary electronic documentation platform. The move streamlines access to these documents for regulated firms, creating significant operational efficiencies, and represents a key step toward automation. The new additions include ISDA’s 1998 FX and Currency…
Inaugural ESG Data Summit to Take Deep Dive into Sustainability Goals and Challenges
The pressure for financial companies to get their ESG data capabilities in order is mounting from clients and regulators as private capital takes centre stage in the fight against climate change and social division. These issues and many more will be discussed by leading data vendors and managers as well as financial institutions when they…