RegTech Insight Blogs The latest content from across the platform
HWM Group Acquires Koger Assets to Expand Fund Admin, Regulatory Offerings
HWM Group, a Dublin-based provider of investor services and regulatory solutions to alternative and retail fund administrators, has acquired the assets of Koger Inc., a global supplier of fund administration software. The acquisition strengthens HWM’s offerings in the fund administration and transfer agency technology space, allowing it to offer expanded fund administration and regulatory compliance…
SETL Launches Verafide Digital Credentials Platform for KYC, Other Verification Challenges
Blockchain operator SETL’s Verafide subsidiary has launched its open-source platform for verifying digital credentials and identification on the SETL enterprise blockchain, allowing issuers, holders and verifiers to set up and maintain a digital credentials ecosystem. The Verafide platform is aimed at helping firms fulfill their KYC obligations, adopt more seamless and transparent customer onboarding processes…
Brexit: Equivalence is Dead. What Now?
Last week, UK Chancellor Rishi Sunak delivered his first speech at Mansion House, outlining his vision for the UK’s financial services industry. During the speech, while stating that the UK government’s ambition following Brexit had been to reach a comprehensive set of mutual decisions on financial services equivalence, he conceded that “this has not happened,”…
A-Team Group ESG Handbook 2021 Details Environmental, Social and Governance Investing and Disclosure
A-Team Group has expanded its portfolio of industry-leading publications with the release of ESG Handbook 2021, a guide to Environmental, Social and Governance (ESG) investing, disclosure, and product development. The handbook offers capital markets participants, data vendors and solutions providers extensive coverage of all elements of ESG, from an initial definition and note on why…
Bracing for More Change in Trade Reporting
By Mark Steadman, Executive Director, Head of DTCC Report Hub Services. In the wake of the 2008 financial crisis, regulations governing the reporting of transactions across key asset classes have been implemented in major jurisdictions around the world. This complex thicket of rules is set to become even more complicated and costly for firms’ as…
BMO GAM Adopts Nice to Monitor WFH Staff Comms
BMO Global Asset Management (BMO GAM) is addressing the need for communications recording of staff working from home (WFH) through the deployment of Nice’s Cloud Compliance Recording solution for Microsoft Teams. The Nice implementation will allow BMO GAM – part of Canada’s BMO Financial Group – to meet certain regulatory requirements around recording omnichannel communications…
New Approaches to Surveillance and Due Diligence Post-Pandemic Feature Heavily at A-Team’s RTSV Conference
Surveillance in the new ‘work from anywhere’ environment and the drift toward continuous KYC due diligence emerged as key industry challenges during panel sessions at A-Team’s RegTech Summit Virtual online conference earlier this month. Delegates heard how surveillance professionals were struggling to deal with the mushrooming use of new collaboration channels and video-conferencing platforms. At…
BayernLB Selects Broadridge for SFTR, EMIR/MiFIR, MMSR Trade and Transaction Reporting
Bayerische Landesbank (BayernLB) has selected Broadridge Financial Solutions’ platform to meet its trade and transaction reporting obligations across a range of regulations including SFTR, EMIR and MiFIR, as well as the European Central Bank’s money market statistical reporting (MMSR) requirements. The deployment – is aimed at streamlining and consolidating all of its regulatory trade reporting…
RegTech Summit Keynote Discusses How to Cut Compliance Costs by 15-20%
A-Team Group’s recent RegTech Summit Virtual got off to a cracking start with a keynote presented by Niresh Rajah, managing director and head of data in the RegTech and digital assurance practice at Grant Thornton, and covering everything from the evolution of RegTech 2.0 to driving value out of the technology. An early poll asking…
Confluence Outlines Development Plans Following Acquisition Agreement with Clearlake Capital Group
Clearlake Capital Group’s agreement to acquire a majority stake in Confluence provides the regulatory and data solutions provider with backing to accelerate global expansion, develop additional solutions, integrate emerging technologies, and continue down the acquisition trail. Clearlake will acquire Confluence from private equity firm TA Associates, which partnered with Confluence in 2018 and will continue…