RegTech Insight Financial Crime, KYC & AML The latest content from across the platform
A-Team Group Tags Some Top RegTech Start-Ups
Whether you define RegTech as the application of technological innovation to reduce the burden of regulatory obligations, or the digitisation of regulatory compliance processes, it is promising to play a significant part in solving the compliance conundrum by reducing complexity, cutting costly manual processes and delivering accurate and timely regulatory responses. Ahead of next week’s…
GLEIF Automates Access to the LEI Data Pool with LEI Look-up API
The Global Legal Entity Identifier Foundation (GLEIF) has responded to financial industry requests to be able to include LEI data in automated processes by providing an application programming interface (API). The API is called LEI Look-up and is designed to provide automated access to the Global LEI Index of current and historical LEI records. The…
Onfido Identify Verification Brings RegTech Innovation to KYC
For most banks, Know Your Customer (KYC) and Anti-Money Laundering (AML) regulation is broad, challenging and time consuming. Compliance that provides a satisfactory and competitive customer experience is difficult to achieve and non-compliance can result in huge monetary fines and reputational damage. RegTech providers are answering the call for a better approach to KYC and…
Linedata Upgrades Link to DTCC Cross-Border Transaction Matching Platform
Linedata has upgraded the interface between DTCC’s platform for central matching of cross-border transactions (CTM) and its Longview order management system (OMS) to improve workflows required by Markets in Financial Instruments Directive II (MiFID II). The companies have worked in partnership for 10 years, providing asset managers and hedge funds with a direct interface to…
A-Team RegTech Summit Showcases Technology Innovation
Roll up, Roll up! The A-Team Group RegTech Summit for Capital Markets is coming to town, with an event in London on Thursday October 5th and in New York City on Thursday November 16th. The agendas for both summits are packed with keynotes, panels and presentations dedicated to solving the regulatory conundrum, while a RegTech…
Alyne Offers RegTech Solution for Cyber Security, Risk Management and Compliance
Alyne is a Munich-based RegTech company offering a Software-as-a-Service (SaaS) solution designed to help organisations improve risk insight. Its proposition is built on a combination of providing a curated content library crafted by industry experts and highly usable functionality at an extremely competitive price. Its mission statement: We make gaining risk insights to your business…
Fenergo Expands to Meet Demand for Client Lifecyle Management Solution
Fenergo is building out its infrastructure with the appointment of two sales leads, 100 new recruits, office extensions and a customer success function dedicated to nurturing customer experience. The expansion is a response to a growth spurt at the regtech provider that is expected to generate revenue of over €50 million and breakeven in the…
IT Rationalisation: Mobilising Data Assets
By: Martijn Groot, Vice President of Product Strategy, Asset Control IT rationalisation has become a major focus for financial services firms over the past couple of years – from Deutsche Bank’s Strategy 2020, which includes modernising outdated and fragmented IT architecture, to HSBC’s Simplify the Bank plan, which includes an architecture-led strategy to halve the…
With MiFID II Unbundling Looming, Commcise and TR Roll Out Research Capabilities
Amid media reports that sell-side firms are struggling to settle on commercial arrangements for subscriptions to their unbundled research services post-MiFID II, service providers are starting to roll out solutions aimed at helping buy-side firms receive, manage and pay for research under the new arrangements. MiFID II will require buy-side firms to justify how they…
Guest Blog: GDPR? Keep Calm and Think
By John Stuart-Clarke, Data Protection & e-Privacy Specialist John works at a large UK Insurer and leads a team of product owners tasked with strengthening the data protection control environment in readiness for the GDPR and the ePrivacy Regulation. The risks and potential sanctions that GDPR exposes organisations to are eye-wateringly attention-grabbing. They have triggered…