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Delta Capita’s Kapoor and Kingsley Outline Compliance Tech Strategy
Delta Capita, best known for its capital markets consulting and managed services solutions, bolstered its client lifecycle management (CLM) offering earlier this year through the acquisition of GoldTier, a client onboarding solution, from LSEG. This has now been woven into Delta Capita’s AI-powered Karbon suite, which aims to streamline client onboarding, KYC, AML and regulatory…
MCO Extends KYC/KYTP Reach with Pythagoras Acquisition
Conduct risk and compliance technology provider MyComplianceOffice (MCO) has acquired Pythagoras, a Swiss provider of Know Your Customer (KYC) and Anti-Money Laundering (AML) solutions. The acquisition strengthens MCO’s product portfolio in the compliance technology sector, and marks a significant step in the company’s global reach, leveraging Pythagoras’ presence across Europe, South Africa and Hong Kong….
Eventus Partners with ANCORD to Offer Validus Trade Surveillance Platform to Brazilian Brokers
Eventus, the trade surveillance and financial risk solutions vendor, has entered a partnership with ANCORD, Brazil’s National Association of Securities, Foreign Exchange and Commodities Brokers and Dealers. Through the collaboration, Eventus’ Validus platform will be accessible to ANCORD members, enabling them to implement a comprehensive trade surveillance solution tailored to their specific needs. The partnership…
Adesso Unveils Compl.AI to Address DORA Contractual Provisions
Global IT services provider, Adesso, has unveiled Compl.AI, a generative AI (GenAI) tool to verify that third-party contracts for critical services are in alignment with the EU’s Digital Operational Resilience Act (DORA). The third-party risk management provisions of DORA require the rigorous oversight of third-party ICT providers, including cloud services providers, to ensure that they…
CrowdStrike Incident Tests Operational Resilience
In an ironic twist of fate, the cybersecurity company CrowdStrike, best known for protecting systems from digital threats, recently became the source of a widespread operational resilience event, when a routine update to its Falcon Sensor security software caused chaos by crippling approximately 8.5 million Microsoft Windows systems worldwide including major banks and investment firms….
AI in FinCrime Prevention – Thought Leaders to Watch
Financial crime (FinCrime) has escalated into a formidable challenge for global financial institutions, with estimated costs soaring to staggering levels. Regulatory bodies worldwide, including the U.S. Federal Reserve and the European Central Bank, have intensified scrutiny over financial institutions with compliance failures in this high-stakes environment coming with hefty penalties including fines reaching into the…
RegTech Insight Q&A: UPI Rollout for OTC Derivatives by DSB
It’s been a busy year at the Derivatives Service Bureau (DSB) with the successful rollout of the unique product identifier (UPI) for OTC derivatives. RegTech Insight (RTI) caught up with Emma Kalliomaki, Managing Director of DSB and the Association of National Numbering Agencies (ANNA), for a Q&A to better understand how supports industry-wide standards adoption…
A-Team Webinar: Best Practices in Regulatory Reporting – Data Quality, Standards and Stakeholder Communications
The recent A-Team webinar “Best Practices in regulatory Reporting” identified data quality, adoption of standards, and transparent stakeholder communications as recurring themes in an effective regulatory reporting strategy for today’s complex and rapidly changing regulatory environment. This webinar brought together experts from the practitioner and RegTech communities; Jehangir Abdulla, Head of Back Office Development at…
Recorded Webinar: Best practices for regulatory reporting
Regulatory reporting is a repetitive, time consuming and expensive business. At its best it requires robust data governance, automated data collection and reporting, standardised reporting formats, a centralised reporting system and a means to monitor and review regulatory change. Nothing new here – but there are emerging approaches and technologies that could lighten the load….
DTCC FICC Releases Tools to Help Firms Address Incoming SEC Central Clearing Mandate
The Fixed Income Clearing Corporation (FICC), a subsidiary of the Depository Trust and Clearing Corporation (DTCC), has launched two new publicly available tools to help participants navigate the financial obligations that come with membership in a clearing system. The facilities are aimed at helping firms address the post-trade implications of a Securities and Exchange Commission…