RegTech Insight Compliance 2.0 The latest content from across the platform

LIBOR is Ending – But Most Firms Aren’t Ready, Finds Numerix

The decommission of LIBOR is making a huge imprint on the global financial services sector. The transition from LIBOR to alternative reference rates could be the largest financial engineering project the world has ever seen. So what are financial institutions are doing to prepare for the switch to alternative reference rates, and how far along…

AI and its Impact on the Future of Regulatory Compliance

By Jordan Domash, General Manager, Relativity Trace. Over the last 10 years, the term artificial intelligence (AI) has turned into a dinner table conversation topic despite the fact that most people cannot accurately define what AI is even in simple terms or truly understand all the possibilities of the technology. AI doesn’t need to be…

Recorded Webinar: How Financial Institutions can adjust to working in the New Normal

The very sudden impact of Covid-19 and resultant shutdown of physical sites has stress-tested financial institutions and vendors to their limits. Now banks and firms are slowly starting to re-open offices. But what will the new normal look like and what steps should you be taking now to make the most of this situation? This…

Shield Integrates with Zoom to Ensure Communications Compliance

In response to client demand, specialist RegTech provider Shield has integrated its complete eComms compliance and Surveillance platform with collaboration platform Zoom. Its capture, surveillance and investigation tools can now be used across video, audio, chat and shared data files on the Zoom system in order to protect communications and ensure compliance during these unprecedented new Covid-19 working conditions….

SteelEye Seeks to Automate Compliance with Auto-Trade Reconstruction Technology

Compliance technology and data analytics firm SteelEye made a splash last week with the launch of its new Auto-Trade Reconstruction technology, which reduces the time it takes for a firm to reconstruct a trade from days to seconds. Under MiFID II, MAR, Dodd-Frank and other global regulations, authorised firms can be asked by the regulator at…

New Mobile App Boosts ACA Compliance Group Capability

In today’s increasingly distributed work environment, accessibility is everything – and firms are having to find new ways to meet their compliance requirements whilst managing a workforce that is more disparate, fragmented and remote than ever before. “With competing regulatory focus areas requiring vigilant oversight and cost pressures being higher than ever, it’s imperative that…

AI to Assist Regulatory Compliance and Drive Transparency and Growth in an Uncertain World

By Lucas Wurfbain, Co-CEO, FeedStock.  The impact of the Covid-19 pandemic on the asset management industry has been transformative and wide-ranging. Increased market volatility and a large-scale move to remote working environments, alongside the ever-present uncertainty that comes with almost daily changes in government policy are now the new normal. The regulatory environment has also…

Banks Raise Concerns Over Compliance in New Covid Study

A new survey from StarCompliance measuring the impact of the coronavirus pandemic on global compliance has found that a majority of banks are unsatisfied with their current compliance programs: primarily due to the processes and systems they have in place to manage them, as well as the complexity of operation related to dealing with clients…

EBA Seeks to Reduce Reporting Costs for Financial Firms

The European Banking Authority (EBA) is exploring ways to streamline supervisory reporting requirements and reduce reporting costs for financial institutions, especially smaller ones, as part of its drive to create a more “proportionate” regulatory and supervisory framework. Common supervisory reporting was first introduced in the EU back in 2013, and the EBA is mandated by…

Evidology Integrates with MS Teams

Evidology Systems, provider of the principles-based QED platform, is now fully integrated with Microsoft Teams, enabling sustained management of regulatory compliance from within the application for the first time. Building on QED’s integration with Microsoft Office 365 back in April, compliance with regulations such as FRTB, SMCR, PSD2, and GDPR can now be tracked and…