Williams de Broe will use Mondas’ Radica CAPS corporate actions automation platform and its Election Management Portal under a five-year licensing, services and support deal valued at around £350,000. The U.K. stock broker’s decision followed a lengthy evaluations process involving several vendors. The deal makes Williams de Broe the second client to adopt the new web-based version of EMP, which automates the election process for voluntary corporate actions.
As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...
By Sarva Srinivasan, Managing Director, NeoXam Americas. For decades, outsourcing across all industries has been synonymous with trimming the back office, streamlining headcount, and delegating so called non-core processes to third parties. But in the world of finance, the ground is well and truly shifting. As the asset management and servicing industries face mounting multi-asset...
Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.
Just over a year since the Financial Stability Board handed over leadership and direction of the interim Global Legal Entity Identifier System – or GLEIS – to the Regulatory Oversight Committee (ROC) of the LEI the entity identifier is being used for reporting under European Market Infrastructure Regulation. This report discusses recent developments in the...
