RegTech Insight Regulations The latest content from across the platform
SteelEye Strengthens Presence in APAC by Incorporating in Singapore
SteelEye, provider of an integrated surveillance platform, has strengthened its footprint in Asia-Pacific (APAC) by incorporating in Singapore. This will enable closer collaboration with clients and regulatory authorities and comes at a time of heightened enforcement action by the Monetary Authority of Singapore (MAS), which over the past year fined four banks and an insurer…
Duco Offers Transaction Reporting Eligibility Validator for EMIR
Duco, a provider of Software-as-a-Service (SaaS) AI-powered data automation, has released a transaction reporting eligibility validator that provides an independent validation of internal eligibility rules by using field-by-field comparison of individual financial services firms’ rules versus existing ESMA eligibility requirements. The solution highlights under and overreporting using Duco’s reconciliation and exception management capabilities, and regulatory…
A-Team Group Announces Winners of RegTech Insight Awards APAC 2024
A-Team Group has announced the winners of its RegTech Insight Awards APAC 2024. The awards are designed to recognise excellence in RegTech solutions and services, and focus on vendors providing exceptional offerings to capital markets participants in APAC. The winners of the awards were announced on 6 March 2024. This year’s RegTech Insight Awards APAC…
Archer Acquisition of Compliance.ai Drives AI-Powered Regulatory Compliance and Risk Management
Compliance.ai, a San Francisco, California-based provider of AI driven regulatory change management solutions, has been acquired by Kansas headquartered risk management specialist Archer. The acquisition will enable Archer to supplement its compliance line-up with cutting-edge AI technology to automate the monitoring, tracking, reporting, and response to changing regulations in real time. Archer integrates risk and…
Cappitech Regulatory Reporting Survey Insights
By Struan Lloyd, managing director, head of S&P Global Market Intelligence. Recently, we conducted our 6th annual Cappitech Global Regulatory Reporting Survey that aims to capture the pulse of the trade and transaction reporting industry. The survey results were released at the end of 2023 and revealed that lack of resources and poor data quality…
Napier AI Plans Growth Following £45 Million Investment from Crestline Investors
Napier AI, a London-based financial crime compliance RegTech, has received a £45 million investment from US-based institutional alternative asset manager Crestline Investors. The investment will be used to accelerate Napier AI’s business expansion in coming years and enable the company to continue developing and providing financial institutions with next-generation screening and monitoring solutions powered by…
UAE Commercial Bank International Selects Bloomberg MARS for Risk Management
Commercial Bank International (CBI), a national bank in the UAE, has selected Bloomberg’s Multi-Asset Risk System (MARS) modules for counterparty risk, market risk and valuation. The bank previously adopted MARS Front Office to help its LIBOR transition. The three additional modules make MARS the bank’s primary risk management system. The MARS counterparty risk (XVA) module…
Commonwealth Bank of Australia Approved as LEI Validation Agent
The Commonwealth Bank of Australia (CBA) has become a Validation Agent in the Global Legal Entity Identifier System (GLEIS). It is the first agent in Australia and the second announced this month following the appointment of MNS Credit Management Group in Delhi, India. CBA’s approval as a Validation Agent comes ahead of a regulation update…
Ascent Technologies Adds Horizon Scanning with Acquisition of Waymark
Ascent Technologies, a Chicago-based vendor of AI-enabled compliance automation solutions, has acquired Waymark, a UK-based provider of horizon scanning and compliance management workflow solutions. The move follows Ascent’s recent acquisition by Edgewater Equity Partners. Waymark’s horizon scanning tools augment Ascent’s obligations management technology, with the combined company now able to offer regulatory coverage of the…
Napier Extends Availability of Continuum AML Compliance Solution
Napier, a London-based financial crime compliance RegTech, has extended the availability of its Anti Money Laundering (AML) platform, Napier Continuum, through two new service offerings: Napier Continuum Live and Napier Continuum Flow. Napier Continuum Live is a plug-and-play hosted offering that brings the benefits of the platform’s client screening and transaction monitoring to organisations looking…