TransferMate Completes Global Rollout of Vivox AI’s Next Generation KYB Automation

TransferMate has completed the global rollout of Vivox AI’s automation platform for Know Your Business (KYB), embedding explainable AI agents into its onboarding and due diligence workflows.

The move follows a period of expansion across Asia Pacific and other regions, where rising onboarding volumes placed pressure on compliance operations. For a payments infrastructure provider operating across multiple jurisdictions, scaling customer due diligence without weakening control standards is a structural challenge rather than a temporary one.

TransferMate states it operates 100 licences and serves customers across APAC, the Americas and Europe. As it enters new markets, the firm sought to standardise KYB processes, accelerate review cycles and maintain alignment with evolving regulatory expectations across jurisdictions.

Vivox AI’s platform is designed to analyse up to 100 complex corporate documents and registries per case, identify ultimate beneficial owners, shareholders and directors, perform sanctions, politically exposed person (PEP) and adverse media screening, and produce complete customer due diligence (CDD) or enhanced due diligence (EDD) reports. It supports onboarding across more than 100 countries and can process multiple document formats, including large files and lower-quality images.

Under the hood, the system orchestrates workflow using an ensemble of specialised models, more than 24 integrated verification and screening APIs, and over 35 AI models. The architecture is positioned as delivering consistency and auditability across the KYB lifecycle – attributes that have become central to supervisory scrutiny of AI use in regulated environments.

A notable element of the deployment is a self-learning AI agent operating within Vivox AI’s governance framework. During the first two weeks of live production, the system incorporated structured feedback from TransferMate’s senior analysts. According to the firms, the quality approval rate of AI-generated outcomes increased from approximately 60% to around 80% over that period, indicating measurable improvement through human-in-the-loop calibration rather than autonomous optimisation.

Governance configuration formed part of the implementation. Vivox AI aligned its control modules with TransferMate’s internal policies and procedures, embedding evaluation against defined risk, quality, explainability and oversight criteria. This reflects a broader industry shift, where institutions are expected not only to deploy AI, but to demonstrate how models are monitored, constrained and reviewed.

“We operate in a fast-moving regulatory landscape, and maintaining compliance excellence is fundamental to how we scale,” said Alex Clements, Global Head of AML at TransferMate. “As we expand into new regions, we must increase onboarding capacity without compromising the rigour of our due diligence processes. Vivox AI has enabled us to compress timelines significantly while enhancing the depth, consistency and auditability of every review. Crucially, it augments our compliance team while keeping humans firmly in the loop.”

Vivox AI framed the project as evidence that structured AI deployment can align with supervisory expectations. “TransferMate’s implementation demonstrates how responsible, transparent AI can deliver measurable impact at scale,” said Tim Khamzin, Founder and CEO of Vivox AI. “The deployment aligns with evolving regulatory expectations, from the EU AI Act to recent FCA and Singaporean frameworks, while maintaining strong governance and auditability across jurisdictions. Their ability to move rapidly from planning to full operational use reflects a strong adoption culture and a clear vision for how AI agents can empower compliance teams.”

For TransferMate, audit defensibility remains a key consideration. “The level of detail in Vivox’s AI governance framework gives me confidence that we can demonstrate robust controls during audits and regulatory inspections relating to AI use,” added Clements.

The rollout signals a wider recalibration in regulated financial services: AI is increasingly being deployed not simply to reduce manual workload, but to reshape how compliance operating models absorb growth. Independent AI assurance is expected to complement the deployment, providing external validation of safety, governance and regulatory alignment as supervisory focus on AI intensifies.

CUBE Acquires Silicon Valley RegTech, 4CRisk, Delivering Next Generation Compliance and Risk Mapping Automation

CUBE has expanded its regulatory technology footprint with the acquisition of 4CRisk.ai, a Silicon Valley-based RegTech focused on AI-driven policy and control mapping. The move brings together CUBE’s Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM) capabilities with 4CRisk’s agentic AI platform, which maps corporate policies and procedures directly to regulatory obligations, controls and risk frameworks.

Founded in 2019, 4CRisk built a platform designed to analyse internal documentation at a granular level and align it to external regulatory requirements. Its architecture is underpinned by proprietary Specialised Language Models (SLMs) trained on regulatory compliance and risk source material. Combined with its AI compliance CoPilot, Ask ARIA, the platform automates the translation of regulatory text into structured obligations and mapped controls. The company has positioned this approach as delivering results “up to fifty times faster than equivalent manual processes”, reflecting the persistent industry challenge of resource-intensive policy reviews and control attestations.

For CUBE, the acquisition extends its offering beyond regulatory change identification into automated impact assessment across enterprise governance frameworks. The combined proposition links regulatory horizon scanning with structured mapping to policies, procedures and controls, reducing the manual interpretation that typically sits between compliance monitoring and operational execution. The 4CRisk team, located across the US, India and the UK, will join CUBE’s global workforce of AI engineers and regulatory specialists.

Ben Richmond, Founder & CEO of CUBE, framed the transaction as an extension of the firm’s existing strategy: “CUBE is the strategic partner of choice for the world’s leading financially regulated organisations for both their financial and non-financial compliance and risk requirements. 4CRisk extends our reach in adjacent corporate regulatory domains and enables our RegPlatform customers to move from understanding regulatory changes to fully automating the mapping to internal governance frameworks. This is a natural extension of our capabilities and a meaningful step forward in helping our customers manage their compliance and risk more effectively across the enterprise.”

He added that the acquisition reflects the pace of AI development emerging from the US technology sector: “The pace of AI innovation coming out of Silicon Valley is remarkable, and 4CRisk is a great example of that. They’ve built an incredible platform and the team behind it will be instrumental in helping us further accelerate innovation for our customers.”

Jefferies Selects TS Imagine to Power Fixed Income Outsourced Trading

Global investment banking firm Jefferies has adopted TS Imagine’s integrated order and execution management platform. This partnership aims to enhance Jefferies’ Fixed Income Outsourced Trading offering by unifying trading, portfolio management, and risk oversight within a single, scalable infrastructure.

The end-to-end solution is designed to streamline complex workflows and improve execution quality across diverse fixed income markets. By consolidating advanced execution tools with robust portfolio and risk analytics, the platform allows for more effective monitoring and real-time connectivity between trading strategies and market intelligence.

By leveraging TS Imagine’s integrated architecture, Jefferies seeks to maximise global trading opportunities and provide sustainable value to its clients through enhanced risk oversight and operational efficiency.

Standard Chartered and LSEG Partner for Enterprise Data and Analytics Consolidation

LSEG has entered into a multi-year agreement with Standard Chartered to provide the bank with enterprise-scale access to multi-asset class data, news, and analytics. The collaboration focuses on delivering a unified data environment with consistent rights management across the organisation’s global footprint.

The agreement is designed to enhance Standard Chartered’s operating model by consolidating market data access into a single framework. By improving data lineage and cataloguing, the bank aims to streamline its governance and entitlement processes. This integrated approach ensures that data usage remains compliant with evolving regulatory requirements while strengthening internal auditability and control.

By implementing these front-to-back workflows, the bank can better support its markets, risk, finance, and wealth divisions. The partnership facilitates more efficient data delivery, enabling the bank to provide faster, data-driven client experiences. This strategic move leverages the global reach of both franchises to improve operational speed and consistency across the bank’s international network.

TNS Enhances Data Usage Optimizer With New Interactive Customer Portal

Transaction Network Services (TNS) has launched an interactive customer portal for its Data Usage Optimizer (DUO) platform, providing buy-side and sell-side firms with on-demand tools to manage market data expenses. This update follows the initial 2024 launch of DUO and aims to simplify the process of identifying unused subscriptions. By converting complex vendor entitlement files into an actionable dashboard, the portal allows financial institutions to pinpoint and eliminate unnecessary costs more efficiently.

The new interface offers a centralised, global view of data expenditure across multiple office locations. Key features include independent file uploading for immediate reporting, advanced filtering by user or feed, and customisable cost modelling that accounts for specific contract pricing and regional fee variations. These tools are designed to turn raw data into an actionable list for immediate cost reduction, moving away from manual, time-consuming analysis.

In one instance, TNS identified monthly savings of $60,000 for a global bank by highlighting redundant data feeds.

FactSet Incorporates Kepler Cheuvreux AMR

FactSet has announced a partnership to integrate Kepler Cheuvreux’s aftermarket research (AMR) into its systems, incorporating equity research covering 1,000 stocks across 34 sectors into the FactSet interface.

The integration includes artificial intelligence tools to summarise and contextualise European equity data for users, the financial digital platform provider said.

Kendra Brown, Senior Vice President at FactSet, stated that the partnership strengthens the platform’s position through the largest independent research footprint in Europe.

The service adds to an existing repository containing reports from 1,800 brokers including Barclays and Deutsche Bank. AMR solutions provide financial professionals with historical and current analysis to assist with investment decision-making.

SimCorp Chosen as AllianceBernstein’s Investment Tech Provider

Investment management firm AllianceBernstein has selected SimCorp as its core investment technology partner in an agreement that will see the implementation of the SimCorp One platform to serve as front-to-back infrastructure for the firm.

This transition aims to provide investment teams with centralised, real-time data and proprietary tools for trading.

The firm’s platforms will be unified on a single investment platform to serve global clients, Karl Sprules, Chief Operating Officer of AllianceBernstein, said.

The multi-year phased rollout of the system is underway, starting with the core investment data platform.

Quest Unveils Data Platform to Automate Multiple Capabilities

Quest Software has launched the Trusted Data Management Platform featuring the Automated Data Product Factory, a software-as-a-service product that unifies data modelling, cataloguing, governance, quality and a data marketplace into a single interface.

The system uses artificial intelligence and natural language prompts to automate the creation of production-ready data assets for corporate use.

The platform is designed to deliver simplicity through automation by unifying multiple capabilities in a converged offering, chief executive Tim Page said.

Users can reduce the time required to create data products from weeks to days, potentially lowering delivery costs by 40 per cent, the company said.

ITRS and BSE Announce Strategic Partnership to Enhance Trading Infrastructure Monitoring

ITRS, the real-time IT observability solutions provider, has entered into a strategic partnership with BSE (formerly the Bombay Stock Exchange), Asia’s oldest stock exchange. BSE will deploy the ITRS Geneos solution to provide comprehensive monitoring across its entire trading infrastructure. This collaboration is a key component of BSE’s broader modernisation strategy, designed to bolster operational resilience as infrastructure demands scale.

The implementation of ITRS Geneos, supported by the ITRS Analytics platform, will provide BSE with end-to-end visibility across its critical trading components. This technical integration aims to improve uptime Service Level Agreements (SLAs) and ensure business continuity through faster identification and resolution of potential system issues. By adopting this proactive monitoring framework, BSE is establishing a modernised command centre approach to its daily operations.

Furthermore, the partnership ensures that BSE remains aligned with the operational resilience guidelines set by the Securities and Exchange Board of India (SEBI). By moving away from legacy monitoring methods, the exchange is better positioned to meet evolving regulatory requirements and the rigorous performance standards of the modern financial markets.

Eurex Enhances Market Access Following German Legislative Reform

The German Financial Centre Promotion Act has introduced a refined regulatory framework intended to simplify how non-EU firms participate in the European derivatives market. Effective immediately, third-country Regulatory Market-Makers (RMMs) are no longer required to establish a physical entity in Germany or seek individual exemptions to provide liquidity. This legislative shift removes a primary operational and financial hurdle, streamlining the onboarding process for international firms.

By reducing bureaucracy and lowering entry barriers, the reform aims to boost international participation and increase liquidity on German-regulated exchanges like Eurex. The change aligns Germany with other major European jurisdictions, ensuring a level playing field for global participants. Eurex, part of the Deutsche Börse Group, is now actively engaging with firms across the UK, Switzerland, North America, and Asia to facilitate their transition under this new framework.

This enhancement forms part of a broader strategy to strengthen Germany’s status as a global financial hub. It complements Eurex’s existing initiatives, such as its Sponsored Access model and liquidity provider programmes, to foster a more efficient and competitive trading environment.