RegTech Insight Regulations The latest content from across the platform
PwC Acquires KYC-Pro
PwC has acquired client onboarding specialist KYC-Pro from compliance consultancy FSCom for an undisclosed amount. The move comes as part of PwC’s plans to expand its regulatory compliance offering. KYC-Pro enables customers access to over 127 million companies worldwide, conduct individual AML checks across more than 20 countries and cross reference potential customers against international…
MünchenerHyp Selects Finastra for Regulatory Reporting
Münchener Hypothekenbank (MünchenerHyp), the property financing partner of German cooperative banks Volksbanken and Raiffeisenbanken, has selected Finastra’s regulatory reporting solution to meet its post-trade transaction and transparency reporting requirements under MiFID II and MiFIR. MünchenerHyp worked closely with Finastra and local implementation partner Finbridge to successfully deliver the project ahead of the MiFID go-live in…
Fintech Investment Tops $30bn, Says KPMG
Investment activity in the FinTech segment topped $30bnin Q2 of 2018, exceeding Q1’s $25bn, as M&A activity sees a boost from private equity interest. The 2018 edition of KPMG’s ‘Fintech Pulse’ found that 2018 funding to date has already exceeded the total amount of fintech funding seen in 2017 and is well on pace to…
Singapore Affirms RegTech Commitment
At the launch of the Singapore Fintech Festival (November 12-14), Managing Director of the Monetary Authority of Singapore Ravi Menon confirmed the country’s commitment to supporting regtech development. Menon identified six core pillars to develop the fintech ecosystem, many of which had a regtech focus – including identity/KYC, data governance and platforms for innovation. The…
RegTek.Solutions Forges Regulatory Reporting Partnership with Deutsche Boerse
RegTek.Solutions has formed a strategic partnership with Deutsche Boerse (DB) to deliver a certified testing and pre-validation service for clients of its ambitious new Regulatory Reporting Hub – the latest move in a major drive by the exchange to dominate the European regulatory reporting landscape. The deal represents the start of what is expected to…
RegTech Summit NYC: Meet The Speakers
The New York edition of A-Team Group’s highly successful RegTech Summit is less than a week away and the industry is gearing up to converge on New York for an event filled with senior speakers, expert practitioners and cutting edge innovators in the RegTech space. Ahead of the big day, we stole a few moments…
Recorded Webinar: The future of communications surveillance for regulatory compliance
Communications surveillance is fundamental to compliance, challenging to implement, and complex to sustain. Has your organisation got it right, or are you struggling to move on from a tactical approach put in place to satisfy Markets in Financial Instruments Directive II (MiFID II) to a more strategic solution? And how are you ensuring vigilance against…
FlexTrade Integrates Bernstein Cube into FlexTrader EMS
FlexTrade Systems has added the Bernstein Cube to its FlexTrader EMS, allowing traders to construct portfolios and conduct risk analyses and pre-trade controls straight from the execution management system’s blotter. The Bernstein Cube leverages Bloomberg terminal market data to create customised risk models. Each trade can be calculated to transition from the portfolio to an…
More Regulation Needed for Cryptocurrencies Warns US Attorney General
The New York State Office of the Attorney General (OAG) has launched a new initiative designed to protect and inform customers of cryptocurrency exchanges. The move could serve as a precursor to increased regulation of the market and create a new opportunity for regtech providers. Unlike traditional exchanges, virtual asset trading platforms in the US…
AxiomSL Wins Santander Digital Banking Business
Regulatory reporting and risk management solutions provider AxiomSL has signed a landmark deal with Openbank, the digital bank of Spain’s Santander Group and one of the world’s first fully fledged online institutions. AxiomSL will provide Openbank with central bank, capital, liquidity, trade, transaction and AnaCredit reporting on a global level, for both European and South…