RegTech Insight Blogs The latest content from across the platform
Encompass Secures New Funding from Beacon
London-based Know Your Customer (KYC) automation software provider Encompass Corp. has secured new investment from Beacon Equity Partners, a Boston-based private equity firm that focuses on companies in the regulatory and compliance space, as part of a broader capital round that included existing investors. Joe Bradley will join Encompass’s Advisory Council, to sit alongside existing members Stephen Allen,…
The Lexicon is Dead – Time to Reboot
By Matt Storey, Chief Product Officer, SteelEye. For years now, surveillance of regulated employees at financial services firms has relied on the lexicon, a piece of technology that scans staff for specific words or sequences of words that could be associated with an act of market abuse or misconduct. For example, a firm might have…
Quantexa Addresses AML with Contextual Decision Intelligence
London-based data and analytics company Quantexa is addressing the challenge of Anti-Money Laundering (AML) monitoring and investigation with the use of contextual decision intelligence (CDI), a means of enriching internal data with external data and building networks of relationships to create a contextual view of a customer. This approach is aimed at generating meaningful alerts…
Basel III Reforms: ‘Heads in the Cloud’ Time for Financial Institutions
By Alexander Dorfmann, Senior Product Manager, SIX. Cast your mind back to around this time 14 years ago, when a certain investment bank’s share price nose-dived amid major concerns that its short-term liabilities were far greater than its liquid assets. That bank was Lehman Brothers, of course, and its downfall was underpinned by a fundamental…
Post-Brexit UK Sanctions Regime Adds Complexity as Firms Wrestle with Global Compliance
The post-Brexit UK sanctions regime has added complexity to firms’ efforts to comply with international sanctions regimes, in some cases changing their appetite for risk, according to a recent A-Team webinar on the topic. And although much of the UK regime has been transposed from EU regulation, small but significant changes are adding to the…
RegTech Summit Goes Global as A-Team Launches Singapore Event in November
It’s official. Due to popular demand, A-Team Group is expanding its highly successful RegTech Summit conference series with an event in Singapore in the autumn. With lead sponsorship from Solidatus confirmed, A-Team is now formulating the agenda, recruiting speakers and discussing participation opportunities with sponsors and exhibitors. A-Team’s RegTech Summit APAC will take place on…
Element22 Teams with DLT Provider Agility Sciences for Real-Time ESG Data
Timed to coincide with the March 10 initial implementation of the EU’s Sustainable Finance Disclosure Regulation (SFDR), data consultancy Element22 and distributed ledger developer Agility Sciences have teamed up to launch ESGi, which aims to offer buy-side firms access to ESG data in real time. ESGi has been designed to address issues relating to ESG…
IHS Markit Webinar Offers Guidance on MAS Derivatives Reporting
A Monetary Authority of Singapore (MAS) consultation paper (CP) – expected around the end of the month – won’t result in delays to the October 2021 implementation date for MAS’s derivatives trade reporting requirements, practitioners heard on a recent webinar on the topic hosted by IHS Markit. As a result, practitioners should continue on their…
Hedge Fund Aspect Capital Widens Deployment of OpenGamma for Margin Calculations
Systematic hedge fund Aspect Capital is widening its use of OpenGamma’s derivatives analytics to aid in the calculation of margin requirements as the firm expands into new markets. Aspect recently indicated it is starting operations in China, requiring it to calculate margin for trading on that country’s exchanges. OpenGamma’s analytics cover exchange and broker margin…
FundGuard $12 Million Raise to Address Regulatory Stress on Transparency in Fund Administration
New York-based FundGuard, a pioneer in the use of AI in investment management and asset services, has completed a $12 million series A funding to finance its solution for meeting increased regulatory demands for transparency and resilience in the fund administration segment. The new round, led by Israeli venture capital firm Team8 and existing investors…