RegTech Insight Blogs The latest content from across the platform
Generative AI Poised for Leading Role as Regulatory Data Burden Grows
Amidst the hype around Generative AI (GenAI) and Large Language Models (LLMs), practitioners are beginning to realise that these emerging technologies can make a positive impact on the collection and validation of regulatory data. The categories and scope of regulatory data requirements have expanded considerably in response to rapid market developments and growing regulatory scrutiny….
Financial Firms Reliant on Management by Policy for Comms Compliance, Survey Finds
Management by policy – specifically bans on communications channels, particularly WhatsApp – remains the most the most common approach among financial institutions to ensuring secure, compliant communications, according to a survey from archiving specialist Global Relay. Although the figure dropped by 15% from a year, 43% of survey respondents said bans were their preferred solution….
Building the Future of Trade Surveillance: A Conversation with Eventus CEO Travis Schwab
Eventus, the trade surveillance and financial risk solutions vendor, is currently experiencing a strong growth phase, marked by nearly perfect customer retention rates, expansion across various asset classes and geographies, and consistently positive reviews of its platform. The company, which just reported a 25% increase in its client base over the past year, has recently…
ESMA Good Practices Statement Hides a Warning on Pre-Close Calls
ESMA recently published a statement titled Good practices in relation to pre-close calls. The statement was prompted by media reports and verification by National Competent Authorities (NCAs) of a link between pre-close calls between issuers and analysts and subsequent volatility, in some cases raising suspicion about possible unlawful disclosure of inside information. It should be…
Fenergo launches AI powered CLM with Amazon Bedrock
Fenergo recently launched its AI Powered Client Lifecycle Management (CLM) at Money2020 in Amsterdam. The new CLM solution leverages Amazon Bedrock to enhance operational efficiencies in onboarding, client and counterparty management, and regulatory compliance. This launch comes at a time when financial institutions are grappling with intensifying regulatory pressures and rising costs. Stella Clarke, Chief…
FRTB Compliance – New Rules and Data Challenges for Global Banks
The Fundamental Review of the Trading Book (FRTB) was developed by the Basel Committee on Banking Supervision (BCBS) as part of the Basel III framework to address several key shortcomings identified in the market risk regulatory framework that existed under Basel II.5. FRTB was finalized in January 2016 and initially scheduled for implementation by January…
Regulatory Reporting – 14 to Watch in 2024 – (EU/APAC)
Growth in the global capital markets is being driven largely by the increasing interconnectedness of global economies. This allows for more cross-border trading activity and the creation of new asset classes and investment strategies. New markets are being created, and access to existing markets is expanding. Regulatory reporting functions are facing intense pressure as they…
UK’s Debut SDR Rules Raise Data Management Concern
The UK’s newly implemented sustainability disclosure requirements (SDR) have placed additional data management burdens on financial institutions that operate in the UK. The country’s first such framework, created by the Financial Conduct Authority (FCA), is aimed at preventing greenwashing and fostering trust in British sustainability markets. It’s designed to protect the interests of investors by…
Cube Scales Globally with Two Strategic Acquisitions
With two significant acquisitions announced within days of each other beginning with – Cube acquires Reg-Room to further extend its regulatory intelligence and horizon scanning capabilities followed 8 days later by Cube acquires global regulatory intelligence businesses from Thomson Reuters – regulatory intelligence specialist Cube has been busy adding to its portfolio of capabilities. RegTech…
The CSRD – Governance, Workflow, Data and Technology Impacts for 2024
In the rapidly evolving world of corporate governance, environmental, social and governance (ESG) criteria have emerged as a cornerstone of responsible business practice. With stakeholders increasingly demanding transparency and accountability, the need for robust ESG reporting continues to grow. Enter the Corporate Sustainability Reporting Directive (CSRD), the ambitious regulatory framework aimed at standardising sustainability reporting…