RegTech Insight Risk Technologies The latest content from across the platform
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.
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…
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…
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…
ACA Compliance Opens New Office in Birmingham
GRC tech specialist ACA Compliance has expanded its European presence with an office in Birmingham, UK. Key to the services offered from the new location will be ACA’s Analysis and Review Centre (ARC). The ARC helps to reduce the workload of Chief Compliance Officers (CCOs) and in-house compliance teams by allowing them to pass on…
A Dive Into the Detail of Sourcing and Managing Data for FRTB
There is no silver bullet for compliance with the Fundamental Review of the Trading Book (FRTB). The data sourcing and management requirements of the regulation are among the most difficult that capital markets participants have ever faced, the cost of implementation can be crippling, and the January 2022 compliance deadline has been finalised. So, how…
Managing Regulatory Change and Driving Efficiencies – A Debate
As the volume of regulation continues to increase, with regulators not always managing to achieve consistency across frameworks and jurisdictions, how can financial institutions keep up with the ever-changing requirements – and match compliance needs that can sometimes feel conflicting? In one of the most popular panels of the day at the recent RegTech Summit…
Get Ready for RegTech New York
Following the success of the third annual RegTech Summit London, held at etc.venues St Paul’s last week to a crowded room and an excellent turnout, the focus now turns to the other side of the Atlantic – with A-Team Group’s RegTech Summit New York set to be its biggest and best yet. With an agenda…
The Fallacy of Managing Big Risks: Why Enterprise Risk Management (ERM) Often Fails to Deliver to Boards and What to Do About It
By Andrew Smart, Head of Enterprise Risk Management at KRM22. Anyone who has served on the executive team or board of a regulated capital markets firm will have at least a passing familiarity with Enterprise Risk Management (ERM). Many have probably experienced it first hand, perhaps sitting through a presentation of the firm’s latest ‘Top…