A-Team Insight Knowledge Hub RTI The latest content from across the platform
TISA’s MiFID II Technical Solution Gathers Pace, Vendor to be Confirmed by November
TISA, the investing and saving membership alliance, has reported a high-quality response from suppliers to its Request for Information phase towards developing an industry-sponsored technical solution for MiFID II reporting. Part of TISA’s MiFID II Costs & Charges and Target Market reporting project, which is setting standards and developing a governance framework, the technical solution…
Moody’s Analytics Upgrades RiskAuthority Solution to Help Banks Address Final Basel III Rules
Financial intelligence provider Moody’s Analytics has added extra functionality to its RiskAuthority solution to help banks prepare for the final Basel III regulatory framework. The new features are designed to address a number of changes in the final Basel rules, including calculations for Credit Risk, the standardized approach for measuring Counterparty Credit Risk (SA-CCR), and…
Standard Charted Bank Launches Bearing Point Tax Solution
BearingPoint RegTech has confirmed that Standard Chartered Bank has successfully deployed the tax reporting solution FiTAX to fulfill its global reporting obligations. These include CRS (Common Reporting Standard), FATCA (Foreign Account Tax Compliance Act) and QI (Qualified Intermediaries) reporting.
SmartSearch Receives Growth Equity Investment from Marlin Equity Partners
AML specialist SmartSearch has received a growth equity investment from Marlin Equity Partners, an investment firm with a long track record of backing software innovation. SmartSearch enables organisations to carry out AML checks without requiring clients to provide identity documents, with individual AML checks taking less than 30 seconds and business checks taking less than…
ACA Compliance Opens New Office in Birmingham
GRC tech specialist ACA Compliance has expanded its European presence with an office in Birmingham, UK. Key to the services offered from the new location will be ACA’s Analysis and Review Centre (ARC). The ARC helps to reduce the workload of Chief Compliance Officers (CCOs) and in-house compliance teams by allowing them to pass on…
A Dive Into the Detail of Sourcing and Managing Data for FRTB
There is no silver bullet for compliance with the Fundamental Review of the Trading Book (FRTB). The data sourcing and management requirements of the regulation are among the most difficult that capital markets participants have ever faced, the cost of implementation can be crippling, and the January 2022 compliance deadline has been finalised. So, how…
Industry Collaboration on RegTech Could Ease Challenges of Adoption
RegTech adoption is challenged by firms having no time for new initiatives, integration problems with legacy systems, and the risk of investing in solutions that aren’t fully proven – but there are upsides to the technology and its acceptance could be accelerated by a vendor checklist of what is required from a RegTech provider and…
FCA Sets Out Latest Expectations for Firms on Brexit
The UK’s Financial Conduct Authority (FCA) is hustling to keep up with the ever-changing goalposts of the UK’s departure from the EU – and with the political landscape shifting day to day, that is no easy task. In a bid to clarify requirements and calm understandable nerves within the industry, the regulator has issued new…
Managing Regulatory Change and Driving Efficiencies – A Debate
As the volume of regulation continues to increase, with regulators not always managing to achieve consistency across frameworks and jurisdictions, how can financial institutions keep up with the ever-changing requirements – and match compliance needs that can sometimes feel conflicting? In one of the most popular panels of the day at the recent RegTech Summit…
SmartSearch Wins Equity Investment
RegTech software provider and AML specialist SmartSearch has received a growth equity investment from Marlin Equity Partners, a global investment firm with a substantial software funding track record. SmartSearch enables organisations to carry out AML checks without requiring clients to provide identity documents. Its automated verification approach allows individual AML checks to be processed in…