RegTech Insight Risk Management & GRC The latest content from across the platform
Applicants Sought for New York RegTech Trade Mission
A-Team Group is delighted to partner with the UK’s Department for International Trade (DIT) to call for applications from UK RegTech businesses (specifically companies with a focus on regulatory monitoring, reporting and compliance) to participate in its upcoming 2019 UK RegTech Trade Mission to New York. Taking place November 13-15 in New York City, the…
Axioma Enhances Canada Equity Risk Model
Axioma, a provider of enterprise risk management, portfolio management and regulatory reporting solutions, has added a new Canada equity risk model (AXCA4) to its next-generation Equity Factor Risk Model suite. The release builds on existing risk models, offering enhanced country-specific content to meet the risk-management needs of investors. The estimation universe for the Canada model…
International Compliance – A New Era for SMCR
By Andrew Shrimpton, Executive Chairman of Compliance Consulting at IQ-EQ With great power comes great responsibility. Yes; but in the era of SMCR, heads of compliance have found out that even a medium amount of power now comes with an almost unpalatable amount of personal accountability – and legal jeopardy. In many cases, this has…
98% of Firms Not Ready for SM&CR, Finds ACA Compliance
Less than 2% of affected firms have completed sufficient preparation for the FCA’s upcoming Senior Managers and Certification Regime (SM&CR) while only 2% of employees have sufficient awareness of the new rules and their implications across the organisation, according to a new survey from ACA Compliance. The new regulation is due to come into force…
Exiger Wins SMBC Business with AI Tool
Sumitomo Mitsui Banking Corporation Europe has confirmed an agreement with London-based governance, risk and compliance (GRC) solutions provider Exiger to utilise its artificial intelligence (AI)-powered KYC onboarding technology, DDIQ, to drive its KYC programme in the EMEA region. The bank selected Exiger following a detailed evaluation process, and deploy the solution throughout its client onboarding…
RegTech Funding in India Quintuples
According to data provided by research and intelligence firm Tracxn, private investments into the Indian RegTech space have increased by over five times so far in 2019 to reach an estimated $43.5 million, compared to $7.26 million in 2018. Notable RegTech start-ups to receive funding include Simility, CrediWatch, Digio, Fintellix, DotAI, NextKYC, Credible Ninja and…
Axioma Adds Upgraded UK Equity Risk Model
Axioma has added a new UK equity risk model (AXUK4) to its next-generation Equity Factor Risk Model suite. The release builds on existing risk models, offering enhanced country-specific content to meet the risk-management needs of investors. AXUK4 delivers risk insights on over 6,000 UK Kingdom-listed securities, including REITs and ETFs. The updated model incorporates deep…
Collibra Looks to the Future with New Privacy & Risk Product
US-based data intelligence specialist Collibra in July built out its data platform with the launch of Collibra Privacy & Risk, a new enterprise-grade product designed to help organizations manage personal data assets and future-proof against further regulatory developments in today’s changing climate. The new product expands the firm’s regulatory coverage, with modules covering the California…
Axioma Launches New Linked Models in Risk Model Machine
Enterprise risk management and regulatory reporting specialist Axioma has launched Linked Models, a new feature of its Risk Model Machine solution, offering the investment industry astreamlined view of risk across regions or sectors, with the objective of creating consistency in the risk/return profile as viewed from the front and middle offices. The solution enables managers…
Moody’s Acquires RiskFirst
Moody’s Corporation has acquired RiskFirst, a provider of risk analytic solutions for the assetmanagement and pension fund communities. The acquisition positions Moody’s Analytics to extend its range of risk solutions to the institutional buy-side. RiskFirst’s PFaroe platform provides a risk solution for US and UK defined benefit pension markets, covering over 3,000 plans and more…