A-Team Insight Knowledge Hub RTI The latest content from across the platform
Union of Arab Banks Calls for Increased RegTech Investment
FinTech has been enthusiastically adopted by local banks but the Middle East region is lagging behind on Regtech investment, warned Wissam Fattouh, who is also Chairman of the MENA Financial Crime Compliance Group. Speaking at a MENA Regulatory Summit in March, Fattouh urged greater investment in regtech applications, without which he warned that firms would…
VIRTUAL ROUNDTABLE: Fundamental Review of the Trading Book (FRTB) – The when, the why and the how…?
With implementation just around the corner, FRTB should be at the top of every bank’s agenda. In advance of A-Team Group’s hotly anticipated Breakfast Briefing on May 14, we gathered together a group of experts to discuss the essential issues and top priorities that firms should be focusing on in the run-up to D-Day… One…
Sanlam Asset Management Selects AQMetrics to Provide AIFMD Reporting
Sanlam Asset Management (Ireland) has selected AQMetrics to provide AIFMD Annex IV regulatory reporting for its funds. Sanlam will utilise AQMetrics software technology to automate Annex IV reporting, having deemed the AQMetrics platform the most scalable and robust technology best suited to fit the firm’s requirements as the regulatory landscape evolves. The announcement marks the…
Binance Partners with IdentityMind to Enhance Compliance
IdentityMind, a risk management and RegTech compliance platform offering KYC and AML service including real-time onboarding, transaction monitoring, and case management solution built for digital currency exchanges, in March announced a new partnership with Binance, the world’s biggest cryptocurrency exchange by trading volume and users. As part of a joint mission to help raise the…
A Catalogue of Errors: Regulators Fine Standard Chartered Bank a Further $1.1bn for AML Violations
The UK’s Financial Conduct Authority (FCA) has fined Standard Chartered Bank £102.16 million for Anti-Money Laundering (AML) breaches in two higher risk areas of its business, the regulator announced last week. US authorities have also fined the bank around $947 million over allegations that it violated international money laundering sanctions against countries including Iran. The…
Apiax Opens London Branch in Midst of Brexit Turmoil
The uncertainties surrounding Brexit are increasing the need for efficient compliance solutions and in yet another example of overseas firms benefiting from the current uncertainty, Swiss solutions provider Apiax on Tuesday confirmed the launch of a new London office to leverage UK opportunities in the Regtech space. The Zurich-based RegTech startup, which offers financial institutions…
Singapore FinTech Association Forms Regtech Sub-Committee
After almost a year of gestation, the Singapore Fintech Association has formed a new RegTech Sub-Committee, with an official launch currently being planned for May 30, 2019. Its mission is to foster the RegTech ecosystem in the financial sector in Singapore through talent development, engagement with regulators, engagement with Industry, and nurturing the development of…
RegTek.Solutions Extends Platform with New SFTR Reporting Solution
RegTek.Solutions today announced an extension of its regulatory reporting platform to include a full solution for the upcoming Securities Financing Transactions Regulation (SFTR), a final reporting deadline for which has now been set for April 12, 2020. Designed as a data quality gatekeeper prior to submission to trade repositories, the solution will cover the full…
Compliance.ai Continues Proactive Expansion with LogicManager Partnership
Compliance.ai, a regulatory change management platform, has followed up its recent Blueprint Software partnership with yet another strategic deal, as it continues the expansion push first started back in Q3 of 2018. This week, the firm announced a new collaboration with enterprise risk management (ERM) software provider LogicManager: which will add Compliance.ai’s customized regulatory content…
NICE Actimize Wins New AML Business as it Builds Out AI Capabilities
NICE Actimize is expanding rapidly in the AML space, with a focus on machine learning and artificial intelligence – and a flurry of new business partnerships underline this drive towards AML dominance. With the AML software market set to grow by more than 15% by 2025 (according to the latest research report from Allied Market…