RegTech Insight Regulatory Technologies The latest content from across the platform
Brussels Issues Draft Guidelines for AI Regulation
In December 2018 the European Commission’s High Level Expert Group on Artificial Intelligence (AI HLEG) released its ‘Draft Ethics Guidelines for Trustworthy AI’, a working document for stakeholder engagement that cites AI as “one of the most transformative forces of our time.” The guidelines emphasise that “an ethical approach to AI is key to enable…
RegTech Blockchain Start-up Raises $1.7m in Seed Funding
TRM Labs, a San Francisco-based RegTech start-up focusing on blockchain solutions, has raised $1.7 million in seed funding from a consortium of investors led by specialist venture capital firm Blockchain Capital and including Tapas Capital, Green D Ventures, The MBA Fund and other angel investors. TRM will use the funds to scale its engineering talent…
Cube Joins MetLife Japan for RegTech Pilot
Global regulatory intelligence provider Cube has been selected by MetLife Insurance to take part in a regulatory intelligence and change management pilot project at its Asia innovation centre LumenLab, as part of its open innovation programme, Collab 4.0. The program invites six finalists (from around 140 applicants across 40 countries) to compete for a JPY10…
RegTech Insight – Keeping Your Finger on the Regulatory Pulse
Welcome to Regtech Insight (RTI), a brand-new platform from A-Team Group bringing you the very latest in news, insights and exclusive analysis from the complex and fast-changing world of regulatory technology. Forming the third pillar of our comprehensive information service, RTI stands alongside Data Management Insight (DMI) and Trading Technology Insight (TTI) to offer a…
Demand for RegTech Solutions to Increase as Regulatory Burden Looms Ever Larger
An overwhelming majority (85%) of financial services professionals predict that demand for RegTech solutions will continue to grow until at least 2020, as the wave of new regulation a decade after the financial crisis shows no sign of abating. Over 500 respondents in the asset management, corporate, capital markets and private wealth sectors took part…
Recorded Webinar: Improved Client Onboarding to Enhance the Customer Experience and Digital Journey
Are you struggling with client onboarding and lifecycle management? Investing data management resources in onboarding and not achieving a commensurate return on investment? Worried about customer loyalty and competition? This webinar will address these issues and discuss how to enhance the customer experience and improve onboarding by getting your entity data management right, deploying digitalisation…
Three Ways Artificial Intelligence Improves Compliance
By: Shira Rottner, Business Development Manager, Shield FC Artificial Intelligence (AI) is carving out a growing niche in regulatory compliance because AI and Machine Learning (ML) applications address common challenges and systematic issues that compliance officers face every day. Enterprise software applications that integrate AI can increase the efficiency and effectiveness of regulatory compliance programs…
Getting eComms Surveillance Right
Demand for electronic communications (eComms) surveillance has risen in response to regulatory requirements and compliance needs to pinpoint problems such as market abuse without wasting time and resources reviewing false positives. Innovative technologies such as machine learning, natural language understanding (NLU) and other strands of artificial intelligence (AI) are improving financial services firms’ ability to…
RegTech Market Worth $12.3bn by 2023, Says New Report
A new report from MarketsandMarkets suggests that the global regtech market could grow from USD 4.3 billion in 2018 to USD 12.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 23.5%. Key drivers include the increased cost of compliance, adoption of regulatory sandbox approach, and low entry barriers for Software-as-a-Service (SaaS)-based offerings….
Asian Development Bank Launches AML Scorecard
The Asian Development Bank (ADB) has launched a new scorecard designed to enhance regulatory efficacy to boost access to trade financing while enhancing efforts to combat financial crimes. The ADB Scorecard is informed by and complements the work of the Financial Action Task Force (FATF) and the Financial Stability Board (FSB). It is comprised of…