RegTech Insight Financial Crime, KYC & AML The latest content from across the platform
Trillium Software Unveils Latest Version of Trillium Software System to Help Companies Achieve Data Certainty
Trillium Software, a business of Harte-Hanks, announced today its latest version of the Trillium Software System. This newly-released software platform provides an easy-to-navigate interface which supports the data lifecycle methodology that companies engage in to “Discover, Develop, Deploy and Manage” their information quality initiatives. Designed to visualise data issues, improve business rule validation and enhance…
StatPro Evaluated Pricing Service Selected by BofA Merrill Lynch Global Research
StatPro, a global provider of portfolio analysis software and asset valuations, today announced that it will become the primary independent provider of evaluated pricing for BofA Merrill Lynch Global Research Bond Indices for Canada, Mexico and Brazil. StatPro’s fixed income methodologies incorporate bond terms and conditions, proprietary pricing models and real-time quotes from contributing dealers….
Accuity Introduces Chinese Language Functionality for Online Compliance
Accuity, a provider of global payment routing data, AML screening software, and services, today unveiled Chinese language functionality for its web-based look-up tool, Online Compliance, powered by WorldCompliance. A versatile component of Accuity’s Compliance Solutions, Online Compliance allows users to identify and research sanctioned entities, Politically Exposed Persons (PEPs) and other high-risk individuals and organisations….
EXL and Datanomic Partner to Provide Best in Class Compliance Solutions and Services
ExlService Holdings, a provider of outsourcing and transformation services, and compliance and data management solutions specialist, Datanomic, have combined their complementary capabilities to deliver exceptional compliance solutions and services for joint clients around the globe. This partnership offers customers a new end-to-end service to configure, implement and operationalise compliance screening with execution support at a…
US SEC Charges Broker-Dealer Pinnacle Capital Markets with AML Related Customer Data Management Failings
In a move that mirrors some of the actions being taken across the pond with regards to customer data infractions, the Securities and Exchange Commission (SEC) has charged US-based broker-dealer Pinnacle Capital Markets with failing to comply with a key piece of anti-money laundering (AML) legislation and forced it to pay out a US$25,000 fine….
RBS Focuses on Data Quality in Order to Better Support its Risk Function
In addition to its entity data management project, the Royal Bank of Scotland (RBS) is also working to improve the overall quality of its reference data as part of its One Risk project. Mark Davies, head of reference data at RBS, explains to Reference Data Review that the firm’s risk function prompted the move, which is…
Central Bank of Oman Selects FRSGlobal to Implement its Banking Oversight and Research Solutions Project
FRSGlobal today announced that the Central Bank of Oman (CBO) has selected FRSGlobal to implement the new Banking Oversight and Research Solutions (BORS) project, in order to streamline and automate supervision and analysis of authorised financial institutions in the Sultanate. Hamood Sangour Al Zadjali, executive president of the CBO, stated that: “The 21st century will…
Kroll Ontrack Launches the Next Generation of Document Review with the Introduction of Intelligent Prioritisation
Kroll Ontrack, a provider of information management, legal technologies, and data recovery products and services, today announced the launch of Intelligent Prioritisation within Ontrack Inview version 6.2. This new feature is a significant step towards adding innovative Intelligent Review functionality to its industry-leading document review tool. It empowers legal teams to conduct review in a…
RBS is in the Final Stages of Consolidating Legal Entity Database Across Wholesale Business, Says Davies
Royal Bank of Scotland (RBS) Group may have faced a substantial fine this month from the UK Financial Services Authority (FSA) with regards to failures related to its anti-money laundering (AML) checking process, but a lot of work has been going on in the background at the firm in order to get its customer database…
Tykoczinski Joins Kinetic Partners, Bolstering Risk and Valuation Services
Isabelle Tykoczinski has been appointed a member at Kinetic Partners, and will be joining the London risk team to strengthen and develop Kinetic Partners’ current risk offering. This new appointment will further enhance Kinetic’s capabilities across the risk spectrum, backed up by proven execution capabilities, including its Risk and Valuation Services (RVS) platform and analytics….