RegTech Insight Blogs The latest content from across the platform
SS&C Expands Risk Analytics with Agreement to Buy Algorithmics’ Assets from IBM
SS&C Technologies has reached a definitive agreement to acquire certain Algorithmics’ and related assets from IBM. The addition of Algorithmics, a provider of risk analytics products and capital management solutions, will extend SS&C’s risk analytics and regulatory offering by adding over 200 clients, 350 employees and offices in 25 countries. Client types include banks, broker…
Shield Launches New SME-Focused Compliance Hub
As first reported by RegTech Insight at the start of September, specialist RegTech provider Shield has officially launched a version of its flagship eComms compliance platform specifically targeting small and medium-sized businesses. With warning signs that the focus of the regulator towards smaller firms has changed, a more rigorous approach to enforcement could be on…
AB Max Sievert Acquires Nasdaq’s Stake in Scila AB
Swedish investment company AB Max Sievert has acquired a minority stake in Stockholm-based surveillance and risk technology provider Scila AB. The minority stake originated from the Nasdaq acquisition of Cinnober in early 2019. Cinnober had a minority shareholding in Scila for over 10 years before being acquired by Nasdaq. Scila AB provides surveillance, AML and…
Accuity Upgrades Financial Crime Screening Solution
Financial crime compliance specialist Accuity has enhanced its account screening and alert management platform ‘Firco Screening Insight – for accounts’ to include new data offerings, improved list management capabilities, and integration with third-party case management solutions. The improvements are designed to reduce false positives, improve accuracy and track the latest regulations and watchlists. According to…
Deal or No Deal: Brexit or No Brexit – How Does this Affect GDPR?
By Nick Murphy, Associate Director, GDPR Integrated Technology and Solution, 3 Lines of Defence Consulting. All eyes are on the government right now. Parliament is up and running again – for now! A No-Deal Brexit is still looming ever larger and the clock is still ticking. The time for UK firms to take action on…
Understanding the Importance of an Integrated Regulatory, Data and Technology Strategy
By Bradley Foster, Global Head of Content (Enterprise), Bloomberg. Regulation following the 2008 financial crisis has had a profound effect on banks and buy side firms. Banks in particular are now much better capitalized and more liquid compared to a decade ago. We have seen a wave of new investor protection and market transparency regulation…
Trade and Transaction Reporting Challenges – Where Are We Now?
As the reporting burden grows ever more onerous, it is vital to stay up to date with the latest cross-regulatory evolutions. But what are the priorities for 2020? MiFID II is old news, and no one has any idea what is going to happen with Brexit yet – but there are some regulations that are…
RegTech Summit London Fast Approaching – Have You Booked Your Place?
The third annual edition of A-Team Group’s highly sought-after RegTech Summit is nearly here! On October 3, 2019 industry leaders, regulators, practitioners and providers will converge on the etc.venues at St Paul’s London to discuss the most innovative and effective approaches for building a better regulatory environment. This year is our strongest line-up yet, with…
Over 50% of Banks Not Yet Ready for SFTR, Finds Cappitech and Kaizen
A new study from regulatory reporting solutions provider Cappitech, in partnership with Kaizen Reporting, has found that 56% of banks are still only in the pre-implementation planning stages of their SFTR compliance strategy, despite a go-live first phase reporting deadline of April 2020. Even more worryingly, just 37% of the securities lending industry has started…
Refinitiv and Trulioo Partner on New Digital Identity Product for KYC
Refinitiv today launched Qual-ID, a new solution combining digital identity verification and document proofing from Trulioo with risk screening from its World Check database to help improve digital onboarding of consumers and compliance with KYC and anti-money laundering (AML) regulations around the world. The launch follows the decision earlier this year to withdraw the firm’s…