A-Team Insight Knowledge Hub RTI The latest content from across the platform
Financial Institutions Delusional on Quality of Regulatory Reports, ACA Study Finds
Despite finding that 87% of firms are confident in the quality of their MiFIR and/or EMIR reports, research commissioned by ACA Group has discovered that 97% of reports submitted to regulators via Approved Reporting Mechanisms (ARMs) and Trade Repositories contain inaccuracies. The research found reporting data quality to be poor, with each report containing an…
KeyBank Goes Live with SmartStream’s Cloud Collateral Management Solution
US-based KeyBank has deployed transaction management solutions vendor SmartStream Technologies’ TLM Collateral Management OnDemand solution to handle margining for its cleared and non-cleared OTC derivatives, repos and securities lending business. The cloud-based solution is now live and is helping to streamline efficiencies within KeyBank’s collateral management operations, handling data capture, validation, calculation and processing. The…
Lexis-Nexis Financial Crime Report Urges Multi-Layered Approach to Compliance, ID Proofing
Adopting a multi-layered approach to financial crime compliance and identity proofing is an essential best practice for financial institutions seeking to protect themselves from fraud and other criminal activities. That’s among the key findings of this year’s edition of LexisNexis Risk Solutions’ annual True Cost of Financial Crime Compliance Global Report. The report – based on…
The Great and the Good Gather for A-Team’s RegTech Virtual Event This Week
The global RegTech community gathers virtually this week for A-Team’s RegTech Summit Virtual, which kicks off on Wednesday. Over its two-day programme of must-attend sessions, the conference will offer an assessment of the global RegTech landscape, plus discussions ranging from the ongoing regulatory reporting challenge, the emerging conduct compliance requirement, addressing financial crime and other…
Recorded Webinar: Getting ready for Sustainable Finance Disclosure Regulation (SFDR) and ESG – what action should asset managers be taking now?
Interest in Environmental, Social and Governance (ESG) investment has exploded in recent years, bringing with it regulation and a requirement for buy-side firms to develop ESG strategies and meet disclosure obligations. The sell-side can help here by integrating ESG data with traditional financial information, although the compliance burden remains with asset managers. The EU Sustainable…
SteelEye Targets Buy Side with Three-Tiered Surveillance Suite
SteelEye has launched a three-tier suite of communications compliance capabilities aimed at addressing the regulatory obligations of any size of financial institution. SteelEye is hoping this flexibility of approach makes its record-keeping and surveillance platform more appealing to smaller buy-side players that often lack the budget or resource capability to implement extensive platform solutions. SteelEye’s…
Relativity Acquires Text IQ to Boost Surveillance, Legal Review Capabilities
Legal and compliance technology company Relativity has acquired Text IQ, which uses artificial intelligence (AI) to identify sensitive data for financial services clients including Morgan Stanley, Goldman Sachs, US Bank and Bank of America. Relativity says the acquisition will augment its surveillance and legal review capabilities, in particular general privilege reviews for litigation, and responses…
Opsmatix Signs Partnership Deals with EEI, SHE as It Seeks to Automate Operational Workflows
Operations automation specialist Opsmatix has signed its third partnership agreement in two months, forging a relationship with Enterprising Engineering Inc. (EEI), a New York-based digital transformation consultancy. The deal follows partnership arrangements with Lysis for KYC off-grid workflow monitoring, and with New York sales accelerator Sand Hill East. Opsmatix’s SaaS platform uses AI to help…
ComplyAdvantage Tops Up Series C Funding with Goldman Sachs Investment
ComplyAdvantage, a financial crime compliance specialist, has received new investment from Goldman Sachs Growth Equity. The investment will be used to build on the company’s rapid growth and cement its position as a critical part of the value chain for companies managing evolving risks around anti-money laundering (AML) and know your customer (KYC) processes, as…
FCA Completes Transition from Gabriel to RegData Data Collection Platform
The FCA has completed the replacement of its long-standing Gabriel data collection platform with RegData having recently transitioned a final batch of firms to the new platform. In total, 52,000 firms and 120,000 users have been moved from Gabriel to RegData since the transition began in October 2020. RegData is central to the FCA’s data…