RegTech Insight Risk Management & GRC The latest content from across the platform
CFTE Launches RegTech Book, Online Course
The UK-based Centre for Finance, Technology and Entrepreneurship (CFTE), a platform providing online learning for the FinTech space, has announced the launch of a targeted new online RegTech course providing a “thorough foundation of regulatory technologies” through eight hours of video content, curated readings and online assessment. The announcement was made at the London launch…
SteelEye Launches RegTech Glossary
London-based regulatory compliance and data analytics firm SteelEye has published a new RegTech glossary that aims to demystify the complex language of the RegTech sector. The online guide aims to assist professionals to navigate the most common terminology, abbreviations and jargon across the evolving regulatory landscape.
SM&CR: The Countdown Begins
This weekend marks just one month to go until SM&CR goes live for all solo-regulated firms, replacing the FCA’s previous Approved Persons Regime (APR) and bringing with it a host of new data management requirements and challenges. A survey published by ACA Compliance in August this year warned that less 2% of firms had completed…
2020 and Beyond: What Does the Future Look Like for Model Risk Management?
By Henry Umney, CEO of ClusterSeven. Model risk management is at the very heart of the financial industry, with models providing the quantitative data required to make informed decisions every single day. In today’s increasingly digital world, institutions are beginning to rely more heavily on models than ever before. The uses of these models are…
EU Benchmarks Regulation: An Opportunity in Disguise?
The switch from Libor to new benchmarks under the EU’s Benchmarks Regulation has been heralded as one of the most significant changes to the financial markets in recent years. With wide-ranging implications for multiple functions across financial institutions, the reform poses substantial compliance challenges – but could also create new opportunities, specifically around the necessary…
Clausematch Partners with Aberdeen Standard for Compliance Solution
Clausematch, a software-as-a-service provider for smart document management, has teamed up with Aberdeen Standard Investments (ASI) in Singapore to develop a buy-side solution for the asset management industry under a Digital Accelerator Program run by the Investment Management Association of Singapore (IMAS). The AI and machine-learning-enabled platform developed by Clausematch enabled ASI to test a…
Trade and Transaction Reporting Challenges – EU Demands for US Firms
At the upcoming RegTech Summit New York, William Gates of SmartStream RDU will be enlightening us as to the current challenges around MiFID II and MiFIR for US-based firms; as well as giving a rundown of where we are (as far as anyone can really know!) with Brexit, and what the implications could be for…
TISA’s MiFID II Technical Solution Gathers Pace, Vendor to be Confirmed by November
TISA, the investing and saving membership alliance, has reported a high-quality response from suppliers to its Request for Information phase towards developing an industry-sponsored technical solution for MiFID II reporting. Part of TISA’s MiFID II Costs & Charges and Target Market reporting project, which is setting standards and developing a governance framework, the technical solution…
Moody’s Analytics Upgrades RiskAuthority Solution to Help Banks Address Final Basel III Rules
Financial intelligence provider Moody’s Analytics has added extra functionality to its RiskAuthority solution to help banks prepare for the final Basel III regulatory framework. The new features are designed to address a number of changes in the final Basel rules, including calculations for Credit Risk, the standardized approach for measuring Counterparty Credit Risk (SA-CCR), and…
Continuity Acquires TraceRisk Enterprise Risk Management Platform
Continuity, a US-based provider of regulatory technology and compliance management systems (CMS) for financial services organisations, has acquired Ohio-based TraceRisk, a provider of cloud-based enterprise risk management (ERM) solutions. With technical integration efforts now underway, Continuity becomes the first provider to connect the strategic aspects of enterprise risk management to the tactical oversight of compliance…