RegTech Insight Financial Crime, KYC & AML The latest content from across the platform
SteelEye Integrates Trade Surveillance with AI-Powered Compliance CoPilot
Integrated surveillance provider, SteelEye has expanded Compliance CoPilot by integrating its trade surveillance capabilities. Leveraging advanced large language models (LLMs), the enhanced tool provides automation, intelligent analysis and actionable insights, enabling compliance practitioners to prioritize high-risk alerts and streamline their review workflow. By intelligently scoring and prioritizing alerts, the Compliance CoPilot allows analysts to focus…
AI-Powered Innovations in Voice and ChatGPT Surveillance From Global Relay
Global Relay, a provider of compliance messaging and archiving solutions, has launched an AI-powered voice-to-text transcription service to address the growing demand for effective voice surveillance, as compliance teams face increasing challenges in monitoring a diverse array of virtual platforms. Global Relay’s new service aims to bridge the gap in monitoring voice communications by offering…
What to Expect at This Year’s A-Team Group RegTech Summit (London)
Now in its eighth year, A-Team Group’s RegTech Summit (London) returns on October 3 to London at the Hilton, Canary Wharf, bringing together industry practitioners, innovators and regulators to share insights on the most pressing regulatory changes and trends shaping the future of capital markets. Prepare yourself for a full day of dynamic discussions and…
LBBW Selects Fenergo for Onboarding and Client Lifecycle Management (CLM)
Landesbank Baden-Württemberg (LBBW), Germany’s largest state bank, is implementing a cloud-based client onboarding system aimed at improving its compliance processes, based on Fenergo’s client lifecycle management platform (CLM). LBBW, with total assets of €324 billion, hopes the initiative will enhance its automation capabilities and increase operational efficiency. As part of the project, LBBW will deploy…
Regulatory Data Handbook 2024 – Twelfth Edition
Welcome to the twelfth edition of A-Team Group’s Regulatory Data Handbook, a unique and useful guide to capital markets regulation, regulatory change and the data and data management requirements of compliance. The handbook covers regulation in Europe, the UK, US and Asia-Pacific. This edition of the handbook includes a detailed review of acts, plans and…
FinCrime Enforcement Actions Up 31%, H1/2024 – Fenergo Study
Recently released findings from client lifecycle management (CLM), know your customer (KYC) and transaction monitoring specialist Fenergo indicate a 31% increase in the global value of penalties for anti-money laundering (AML) violations, compared to the same period in 2023. The findings underscore a significant rise in enforcement actions, particularly in the Asia-Pacific region, where penalties…
MCO Extends KYC/KYTP Reach with Pythagoras Acquisition
Conduct risk and compliance technology provider MyComplianceOffice (MCO) has acquired Pythagoras, a Swiss provider of Know Your Customer (KYC) and Anti-Money Laundering (AML) solutions. The acquisition strengthens MCO’s product portfolio in the compliance technology sector, and marks a significant step in the company’s global reach, leveraging Pythagoras’ presence across Europe, South Africa and Hong Kong….
AI in FinCrime Prevention – Thought Leaders to Watch
Financial crime (FinCrime) has escalated into a formidable challenge for global financial institutions, with estimated costs soaring to staggering levels. Regulatory bodies worldwide, including the U.S. Federal Reserve and the European Central Bank, have intensified scrutiny over financial institutions with compliance failures in this high-stakes environment coming with hefty penalties including fines reaching into the…
SymphonyAI Extends Financial Crime Data Solution
Artificial intelligence-powered software-as-a-service provide SymphonyAI has expanded its financial services offerings with a product to help organisations overcome entity data shortcomings that could enable financial crime. The Palo Alto, California-based company said its Entity Resolution service enables clients to solve issues such as records duplication, poor data quality and data fragmentation. The company, which focuses…
Webinar Review: Harnessing the Wider Benefits of Data Identifiers
Almost three-quarters of capital markets participants are utilising data standards and identifiers beyond their immediate regulatory use cases, realising the huge benefits that ordered and consistent datasets can bring to an enterprise’s entire operations. The findings of an A-Team Group Data Management Insight poll showed that 40% of respondents said they are using the resources to a…