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Refinitiv Integrates UBO and Vessel Data onto Risk Intelligence Platform

Refinitiv has integrated ultimate beneficial ownership data (UBO) from Dun & Bradstreet and vessel data from IHS Markit Maritime and Trade onto World-Check One, its flagship risk intelligence solution. The move demonstrates the firm’s ongoing investment into KYC solutions following the recent shake-up of its KYC strategy, which saw Refinitiv withdraw its KYC-as-a-Service offering in…

KRM22 Adds SMCR Applications to Global Platform

Software investment firm KRM22 has added additional SMCR applications to its Global Risk Platform, including a partnership agreement with London-based ‘digital intelligence’ specialist Neotas to distribute and support its enhanced due diligence application. The partnership follows recent agreements to distribute Trailight’s Individual Accountability Regime application which addresses the governance requirements of SMCR, and Entrima’s SMCR…

Capital Markets AML Gaps Need Plugging with RegTech, Says FCA

There are significant gaps in anti-money laundering (AML) defences within capital markets, according to a recent UK Financial Conduct Authority (FCA) thematic review, ‘Understanding the Money Laundering Risks in the Capital Markets’. Many of the issues raised by the regulator either relate to the way financial crime technology is deployed within capital markets, or how…

Digital Reasoning Releases AI-Enabled Voice Analytics and Partnership with Corlytics

After four years of research and development, Nashville-based Digital Reasoning has released an AI-enabled voice analytics solution for financial services communications monitoring. It has also announced a partnership with regulatory risk tech company, Corlytics, to deliver one of the highest volumes of pre-trained models for monitoring available to the financial sector, according to the companies….

Three Big Banks Sign on to Operational Risk Data Sharing Platform

In mid-June, Acin – a data standards firm for operational risk and controls – announced that Credit Suisse, Standard Chartered Bank and Société Générale had joined its collaboration community, the Operational Risk Defence Network Model. Their arrival brings the total number of tier one banks working with Acin to 12. The name of the company,…

SimCorp Partners SIX on Sanctions Service

SimCorp and SIX have partnered to add the latter’s Sanctioned Securities Monitoring Service to the former’s Compliance Manager module of SimCorp Dimension. The aim is to give SimCorp users access to global sanctions data directly from SIX, allowing them to detect breaches against supported sanction regimes. The Sanctioned Securities Monitoring Service from SIX provides a…

Refinitiv Details Ongoing Commitment to KYC and Fighting Financial Crime

Refinitiv is back on track following its decision to withdraw its KYC as a Service offering with plans to focus on its World Check, Media Check, Extended Due Diligence and recent partnership with Trulioo on digital entity solutions to meet customer needs for Know your Customer (KYC), due diligence and third-party risk management. The company…

HSBC Takes on Financial Crime Tech Challenge with AI Approach from Quantexa

HSBC has launched a global analytics platform that identifies potential financial crime by contextually analysing customer, transactional, and publicly available data in order to understand a customer’s global network. The platform, developed with AI solution provider Quantexa, illustrates how firms are deploying RegTech solutions to address the ongoing regulatory focus on financial crime compliance, with…

Recorded Webinar: FRTB: Laying the groundwork for compliance

The January 2022 compliance deadline for sell-side firms within the scope of Fundamental Review of the Trading Book (FRTB) regulation may seem far into the future, but the complex demands of the regulation and the need to source regulatory data that has never previously been required mean firms should already be identifying tools, solutions and…

KRM22 Opens Wallet to Create Risk and Compliance Ecosystem

KRM22 is looking to make one acquisition or partnership per month, in a bid to build an ecosystem of risk and compliance software solutions available through a single, cloud-based platform. RegTech Insight spoke to Keith Todd, CEO at the company, shortly after it announced its acquisition of Object+, a Netherlands-based risk management and post-trade services…