RegTech Insight Regulatory Technologies The latest content from across the platform
Recorded Webinar: Getting ready for Sustainable Finance Disclosure Regulation (SFDR) and ESG – what action should asset managers be taking now?
Interest in Environmental, Social and Governance (ESG) investment has exploded in recent years, bringing with it regulation and a requirement for buy-side firms to develop ESG strategies and meet disclosure obligations. The sell-side can help here by integrating ESG data with traditional financial information, although the compliance burden remains with asset managers. The EU Sustainable…
SteelEye Targets Buy Side with Three-Tiered Surveillance Suite
SteelEye has launched a three-tier suite of communications compliance capabilities aimed at addressing the regulatory obligations of any size of financial institution. SteelEye is hoping this flexibility of approach makes its record-keeping and surveillance platform more appealing to smaller buy-side players that often lack the budget or resource capability to implement extensive platform solutions. SteelEye’s…
Relativity Acquires Text IQ to Boost Surveillance, Legal Review Capabilities
Legal and compliance technology company Relativity has acquired Text IQ, which uses artificial intelligence (AI) to identify sensitive data for financial services clients including Morgan Stanley, Goldman Sachs, US Bank and Bank of America. Relativity says the acquisition will augment its surveillance and legal review capabilities, in particular general privilege reviews for litigation, and responses…
Opsmatix Signs Partnership Deals with EEI, SHE as It Seeks to Automate Operational Workflows
Operations automation specialist Opsmatix has signed its third partnership agreement in two months, forging a relationship with Enterprising Engineering Inc. (EEI), a New York-based digital transformation consultancy. The deal follows partnership arrangements with Lysis for KYC off-grid workflow monitoring, and with New York sales accelerator Sand Hill East. Opsmatix’s SaaS platform uses AI to help…
ComplyAdvantage Tops Up Series C Funding with Goldman Sachs Investment
ComplyAdvantage, a financial crime compliance specialist, has received new investment from Goldman Sachs Growth Equity. The investment will be used to build on the company’s rapid growth and cement its position as a critical part of the value chain for companies managing evolving risks around anti-money laundering (AML) and know your customer (KYC) processes, as…
FCA Completes Transition from Gabriel to RegData Data Collection Platform
The FCA has completed the replacement of its long-standing Gabriel data collection platform with RegData having recently transitioned a final batch of firms to the new platform. In total, 52,000 firms and 120,000 users have been moved from Gabriel to RegData since the transition began in October 2020. RegData is central to the FCA’s data…
Recorded Webinar: Best practices for regulatory reporting
Regulatory reporting has been a cost and resource burden for financial institutions for many years, with the race to compliance in a highly regulated market often leading to multiple, singular regulatory reporting solutions. Legacy systems add to the challenges of making reporting changes in line with adapted and new regulations. This webinar will address these…
Surveillance 2.0 – Turn Up the Signal, Wipe Out the Noise
By Joseph Schifano, Global Head of Regulatory Affairs, Eventus Systems. Trade surveillance is a complex discipline, dependent on the processing and filtering of masses of data. Its mandate is constantly increasing too, with the relentless iterations of regulatory and market change demanding the monitoring of more asset classes across more business lines and against an…
Toronto Exchanges Adopt IHS Markit for ESG Reporting and Data Distribution
IHS Markit is making its ESG Reporting Repository platform available free of charge to corporations listed on the Toronto Stock Exchange (TSX) and its TSX Venture Exchange (TSXV) under a strategic alliance aimed at helping TSX-listed companies navigate emerging ESG reporting requirements. The IHS Markit ESG Reporting Repository is a multi-framework ESG reporting and data…
Lysis Partners with Opsmatix for Off-Grid CLM to Address AML
Lysis Group has teamed with AI automation specialist Opsmatix to launch an Off-Grid Workflow (OGW) solution in support of financial institutions’ client lifecycle management (CLM) implementations. The new solution – designed to mitigate the cost of financial crime and AML activities – aims to address the 30%-50% of client workflows that exist outside of firms’…