In collaboration with the Better Regulation Executive and funded by the GovTech Catalyst, AI specialist Waymark Tech is developing a new solution to promote understanding of existing regulation and to provide analysis that informs and improves the way in which new regulations are introduced in the future. Founded in 2016, Waymark Tech offers AI-as-a-Service to reveal hidden patterns and connections within vast, dynamic and unstructured text datasets. The new project will develop state of the art natural language processing (NLP) technology that will systematically extract information from thousands of pages of UK legislation and then model the burden it applies on businesses, as well as tagging the content for ease of access.
A-Team Insight Briefs
Upcoming Webinar: Overcoming the Barriers to Implementing RegTech Solutions: The View from Either Side of the Fence
Date: 9 June 2020 Time: 10:00am ET / 3:00pm London / 4:00pm CET RegTech holds the promise of targeted, agile and often low-cost solutions to the real-world problems faced by financial institutions across the board. So why is it so difficult to get RegTech projects off the ground? RegTech solutions providers complain that it’s difficult...
By Niall Twomey, Chief Technology Officer, Fenergo. Recent research on financial institution fines revealed that, since 2008 global penalties have reached $36 billion for non-compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. That is a 160% increase since our last fines analysis report, in September 2018, highlighting the unrelenting and costly march...
We’re thrilled to introduce you to our new Data Management Summit Europe Virtual event. Yes that’s right, all the fantastic content shared by A-Team’s unique community of practitioner experts that you’ve come to know and love from our Data Management Summit live events in London is now going to be made available to you online, so you can watch or listen at your leisure – whether that’s in your office, on your commute, or from the comfort of your own home.
It’s hard to believe that as early as the 2009 Group of 20 summit in Pittsburgh the industry had recognised the need for greater transparency as part of a wider package of reforms aimed at mitigating the systemic risk posed by the OTC derivatives market. That realisation ultimately led to the Dodd Frank Act, and...