About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Trillium Software Responds to Regulatory Pressure with Latest Release of Software System

Subscribe to our newsletter

Trillium Software’s latest release of Trillium Software System reflects growing requirements for self-service data management across financial firms’ lines of business as well as the need for speed in handling greater volumes of data.

Version 14 of the software is available immediately and has been developed not only as a flexible tool for line of business use, but also to address data quality issues embedded in specific regulation such as the Foreign Account Tax Compliance Act that requires indicia to be correctly identified for accurate reporting.

Jon Asprey, vice president of strategic consulting and head of Trillium Software’s data quality for compliance practice, says: “The new release focuses on more flexible business rules, more integration with reporting tools and the ability to support greater data volumes. We wanted to make the software more scalable and amenable so that financial firms can undertake more complex analysis. Regulatory pressure increasingly requires insight into data across lines of business, so we have made improvements in how the software supports business managers who need to build their own capability to gain this insight and react quickly. Then there is the market challenge of performance and speed that we must always respond to.”

Asprey says the company is engaged in a lot of work with existing customers, but is also expanding its customer base that is strong in the US and Europe, and building in Asia and South America. Looking forward, Trillium will continue to develop support for increasing data volumes, interoperability between diverse platforms, the processing of both structured and unstructured data. Helping clients to meet regulatory requirements, it will also focus on data governance.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Managing Non-Financial Misconduct Under SMCR

Non-financial misconduct – encompassing behaviours such as bullying, sexual harassment, and discrimination is a key focus of the Senior Managers and Certification Regime (SMCR). The Financial Conduct Authority (FCA) has underscored that such misconduct is not only unethical but also poses significant risks to a firm’s culture and operational integrity. Recognizing the profound impact on...

BLOG

AI Governance Frameworks Are Emerging as Applications Abound: Webinar Review

Capital markets leaders are in the early stages of implementing comprehensive artificial intelligence governance frameworks as they begin to realise the challenges as well as the opportunities offered by the technology. As the adoption of AI accelerates it’s becoming apparent that it needs its own set of rules on how it can be effectively and...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...