RegTech Insight Financial Crime, KYC & AML The latest content from across the platform
US Regulators Urge Innovation to Combat Financial Crime
A group of US regulators have banded together to support the use of technology and innovation by financial institutions to meet their Bank Secrecy Act (BSA) and anti-money laundering (AML) compliance obligations, effectively fighting financial crime and strengthening the financial system against illicit activity. The Board of Governors of the Federal Reserve System, the Federal…
A-Team Group Names Winners of 2018 Data Management Awards
A-Team Group has announced the winners of its 2018 Data Management Awards. The annual awards, now in their sixth year, are designed to recognise leading providers of data management solutions, services and consultancy to capital markets participants. See the full list of winners below. The awards were hosted by Sarah Underwood, Editor of A-Team’s Data…
Fighting Financial Crime: A Path for Progress
The recent A-Team Group RegTech Summit in New York on November 15, 2018 featured a wide range of challenging and sometimes controversial discussions, but none were more pertinent in today’s environment than the in-depth and insight panel discussing the best methods of fighting financial crime and improving technology techniques for anti-money laundering (AML) and Know…
Arachnys Adds Cloud-Native Version of Customer Risk Intelligence Platform
Arachnys, a provider of customer risk intelligence solutions for client onboarding, Know Your Customer (KYC), customer due diligence (CDD), enhanced due diligence (EDD), and Anti-Money Laundering (AML), has introduced a cloud-native version of its platform. The capabilities of the platform address changing market dynamics that are leading financial institutions to focus on five initiatives: real-time…
RegTech By Numbers: Statistics From the A-Team Group RegTech Summit 2018
With 53,000 new regulations in 2017 alone, the sheer volume of numbers in the regtech industry is overwhelming. Taken from the highly successful second annual RegTech Summit 2018 held in London in October 2018, the following graphic pulls out the most compelling facts, figures, quotes and costs to come out of the day’s discussions –…
RegTech Summit New York: Industry Leaders Agree on Importance of Collaboration
At the highly successful second annual RegTech Summit in New York on the 15th November, a selection of senior industry leaders came together in the first session to discuss the hard questions facing the industry. Where is innovation coming from? What barriers are preventing the adoption of RegTech? What are the best ways to minimise…
Fenergo Adds Client Lifecycle Management App to Salesforce AppExchange
Fenergo has added a client lifecycle management application to the Salesforce AppExchange platform, a first joint venture from a partnership long in the making. The app allows financial firms deploying Salesforce to streamline client onboarding and lifecycle management processes (CLM). It also allows end users to configure Salesforce with Fenergo’s mandatory and optional fields for…
Regulatory Data Handbook 2018/2019 – Sixth Edition
In a testament to the enduring popularity of the A-Team Regulatory Data Handbook, we are delighted to publish a sixth edition for 2018-19 of our comprehensive guide to all the regulations and rules that might impact data and data management at your institution. As in previous editions of the Regulatory Data Handbook, we have updated…
FSB Publishes Cyber Lexicon in Response to G20 Request
The Financial Stability Board (FSB) has published a Cyber Lexicon comprising a set of about 50 core terms related to cyber security and cyber resilience in the financial sector. The lexicon is a result of industry consultation and is designed to support the work of the FSB, standard-setting bodies, authorities, financial institutions and international standards…
Recorded Webinar: Regtech – How to digitalise the customer experience with KYC and AML Innovation
How can ‘digitalising’ client onboarding help to speed up data processing and improve customer experience? How can you leverage digital capabilities to improve your Know Your Customer (KYC) and Anti-Money Laundering (AML) workflows, processes and checks? The task is not easy for financial institutions that have large, complex, legacy ecosystems, and standalone solutions and processes….