RegTech Insight Financial Crime, KYC & AML The latest content from across the platform
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…
Trading Technologies Adds Connectivity Services in Tokyo
Trading Technologies (TT) has strengthened its position in Asia-Pacific with the introduction of execution and client connectivity services in Tokyo available via its TT platform, which provides accessibility to low-latency execution through the company’s worldwide network of colocated data centres. The connectivity covers Osaka Securities Exchange (OSE) through the JPX colocation space, and proximity connectivity…
Unlocking the Value of New Data Sources
By: Martijn Groot, Vice President, Product Management, Asset Control A growing range of innovative data sources, from sentiment analysis to satellite imagery, is adding depth to traditional data resources and unlocking opportunities to gain new insights through machine learning, correlation and pattern spotting – insights that can improve time to market and drive down costs….
Corlytics Releases Regulatory Taxonomy Management Solution
Corlytics has released a regulatory taxonomy management solution that enables firms to streamline their response to regulatory change through an automated approach and translate regulatory change directly into business impact. The solution normalises regulations and regulatory data into a common format and gives global organisations a single view of regulations and regulatory data that they…
CME Group Acquisition of NEX Group Combines Cash, Futures and OTC Markets
CME Group has reached agreement to acquire London-based interdealer broker NEX Group in a deal valued at £3.8 billion. The deal is expected to close in the second half of 2018 and will bring together two trading industry giants with the ambition to deliver better ways to trade and manage risk across futures, cash and…
GoldenSource Integrates Trax ARM and APA Reporting Services
GoldenSource has extended its support for compliance with Markets in Financial Instruments Directive II (MiFID II) by integrating its enterprise data management platform with Approved Reporting Mechanism (ARM) and Approved Publication Arrangement (APA) services from Trax. The integration can be scaled to meet other regulatory reporting requirements such as Securities Financing Transactions Regulation (SFTR), which…