RegTech Insight AML, KYC & Financial Crime The latest content from across the platform
A-Team Group Names Winners of RegTech Awards 2018
The winners of A-Team Group’s RegTech Awards 2018 have been revealed, with winning solution and service providers named across categories from best data management solution for regulatory compliance to best reference data for regulatory compliance, best trade repository for regulatory disclosure, best vendor solution for data governance, and best compliance as a service solution. As…
Arachnys Hires Steve Mann, Robert Lloyd-Watts and Bill Bennett to Build Sales
Arachnys has made key marketing and sales appointments, naming Steve Mann as chief marketing officer, Robert Lloyd-Watts as regional sales director for EMEA and APAC, and Bill Bennett as regional sales director, North America. The company, a provider of customer risk decisioning solutions for Know Your Customer (KYC), Anti-Money Laundering (AML) and Extended Due Diligence…
Recorded Webinar: How to optimise client onboarding, KYC and ultimate beneficial owner data
Optimising client onboarding and Know Your Customer (KYC) processes continues to challenge banks operating in a highly regulated and competitive market. The challenge is exacerbated by increasing requirements to track and understand entity hierarchies and ultimate beneficial ownership. The webinar will discuss the ongoing challenges of client onboarding and KYC, and how best they can…
Conning Selects AIM Software GAIN Modules to Support Strategic Growth Plan
AIM Software is building its client base in North America with the selection of its GAIN enterprise data management (EDM) software by Conning, a global investment management firm headquartered in the region. The investment management company is implementing three GAIN modules covering security master, portfolio pricing and corporate actions as part of a drive to…
CAT Changes Could Cut Level of Client Data Collection and Shift Reporting Deadline
Changes to the controversial Consolidated Audit Trail (CAT) – which will record all equities and options traded in the US – have been put forward in a bid to tackle serious concerns in the industry about the level of sensitive client data the CAT will collect. The CAT Operating Committee approved a different approach to…
Potential and Pitfalls of Artificial Intelligence in the Trading Environment
Earlier this month, HSBC made headlines when it confirmed it will use UK start-up Quantexa’s artificial intelligence (AI) and machine learning technology to root out money laundering across its operations – the bank’s latest move in a multi-billion pound programme to fight financial crime. This seal of approval by HSBC has focused attention on the…
Kingland Upgrades Fourth Generation Enterprise Software Platform
Kingland continues to develop the fourth-generation enterprise software platform it brought to market last year with the delivery of zero downtime deployment of platform components, improved performance, availability and security of microservices transactions, and refined artificial intelligence (AI) and natural language processing (NLP) capabilities used to extract data from PDF documents. The introduction of the…
KAS BANK Selects AIM Software to Support Digital Transformation
KAS BANK has licensed three modules of AIM Software’s GAIN business application suite as part of a digital transformation designed to the make the bank more agile and competitive. The GAIN solutions will be used to underpin data management and support the bank’s strategic focus on becoming more data driven and improving operations by streamlining…
Pontus Vision Offers Open Source GDPR Solution with GCHQ Style Security
If you are still looking for a General Data Protection Regulation (GDPR) compliance solution, London based regtech Pontus Vision may be able to help you with its open source, secure software that allows firms to search for any given customer and quickly access all of the data the business holds about them in a single…
Identifying and Verifying Ultimate Beneficial Owners: Getting the Full Picture, Fast
By Paul Charmatz, Managing Director, encompass The increasing burden of identifying and verifying ultimate beneficial owners (UBOs) of entities is a challenge faced by all regulated firms. However, Know Your Customer (KYC) regulations that enforce corporate transparency by identifying UBOs can reduce the risk of corruption and the cost of compliance. Firms undertaking appropriate due…