RegTech Insight AML, KYC & Financial Crime The latest content from across the platform
Tackling a New Era of Financial Data Management
By Martijn Groot, Vice President of Product Management, Asset Control Business users across financial services are more data hungry than ever before. They want to interact with data directly and quickly collect, manipulate and analyse the data in order to streamline operations. There are two drivers for this. First, users increasingly expect instant access to…
Fenergo Eyes Asset Managers with Buy-Side Push for Client Lifecycle Management
Client lifecycle management (CLM) solutions provider Fenergo is taking an ambitious jump into asset management with the launch of a strategic new buy-side division. Headed up by Kevin O’Neill, formerly the head of the US asset manager segment for the Royal Bank of Canada’s Investor & Treasury Services, the new team will focus on leveraging…
IBM Watson Financial Services: Focus on the First Line of Defence
Banks are spending too much money trying to comply with big-ticket regulations because the tools they are using are not efficient enough. That is the view of IBM Watson Financial Services, which is in the process of expanding its regtech portfolio based on AI and machine learning, and covering governance, risk and compliance (GRC), financial…
Stephan Wolf Discusses this Week’s MiFID II LEI Mandate and Emerging Digital Certificates
The MiFID II mandate requiring the use of Legal Entity Identifiers (LEIs) to identify parties to financial transactions came into play on Monday, causing barely a ripple in trading markets, but still posing problems in terms of lapsed LEIs – a problem that Stephan Wolf, CEO of the Global LEI Foundation (GLEIF), suggests could be…
Dalzell Trading Chooses LiquidityBook to Support Outsourced Trading
Dalzell Trading, the outsourced trading firm opened this year by David Dalzell, has selected LiquidityBook’s Outsourced Trader portfolio, order and execution management system to support its provision of US equity and options trading to emerging and established hedge funds and investment managers. According to Dalzell, the firm selected the LiquidityBook web-based platform on the basis…
Money.Net Joins OpenFin ecosystem
Money.Net, a web-based platform for financial data, news and analysis, has selected OpenFin technology to deploy and deliver its software to global financial institutions. The company has also become a member of the Fintech Open Source Foundation (FINOS), a non-profit foundation promoting open innovation in financial services, and OpenFin’s Financial Desktop Connectivity and Collaboration Consortium…
Money.Net Joins OpenFin ecosystem
Money.Net, a web-based platform for financial data, news and analysis, has selected OpenFin technology to deploy and deliver its software to global financial institutions. The company has also become a member of the Fintech Open Source Foundation (FINOS), a non-profit foundation promoting open innovation in financial services, and OpenFin’s Financial Desktop Connectivity and Collaboration Consortium…
White Oak Start-Up Automates Workflows with Eze Investment Suite
Singapore based White Oak Capital Partners, along with its White Oak group companies in India and Mauritius, have gone live with Eze Software’s Investment Suite to power their operations. The boutique investment management and advisory firms of White Oak, which were launched by Goldman Sachs Asset Management alumnus Prashant Khemka last year, went live with…
Deutsche Bank Transformation Moves Reconciliation Services to SmartStream
Deutsche Bank has selected SmartStream Technologies’ Centre of Excellence (CoE) to provide an off-site operations platform including three services that will allow the bank to streamline, simplify and reduce the costs of its reconciliations environment. The decision to use the SmartStream managed service utility is part of the bank’s transformation programme. The three managed services…
Datactics Moves into Iceland with Contract Win at Arion Bank
Datactics has won its first customer in Iceland, Arion Bank, which will use the company’s RegMetrics and Single Customer View data quality solutions to support an enterprise data management programme. The bank selected Datactics after a competitive vendor selection process that included a technically demanding and tightly specified proof of concept across three departments, each…