RegTech Insight Governance The latest content from across the platform
FCA Fines Citigroup Global Markets £12.5 Million for Market Abuse Failings
The UK’s Financial Conduct Authority (FCA) has issued Citigroup Global Markets with a fine of more than £12 million for failing to properly implement the EU’s Market Abuse Regulation (MAR) trade surveillance requirements. The failure meant that Citigroup Global Markets could not effectively monitor its trading activities for certain types of insider dealing and market…
ION Releases Compliance SaaS to Target Tier 2 / 3 Buy Sides
ION Markets is targeting Tier 2 and Tier 3 asset management firms with its new Compliance SaaS solution, which helps firms comply with regulations globally as well as internal policies governing their investment activities on behalf of clients. The new platform uses Web technologies to offer SaaS and HTML 5 delivery of the former Sentinel…
Recorded Webinar: Leveraging NLP for regulatory compliance
As regulatory compliance becomes more complex, requires larger volumes of data – both structured and unstructured, and comes under greater scrutiny by regulators, financial institutions are looking for RegTech solutions that can help them increase efficiency, reduce costs, and improve the accuracy of regulatory data. One such solution is natural language processing (NLP), which can…
Recorded Webinar: Embracing cloud in your firm’s regulatory response
Regulatory compliance is a key function for financial institutions. It is also a huge burden in terms of time, data management, systems resources, manual intervention, and reporting. As financial firms progress digital transformation programmes, is it time to move regulatory reporting to the cloud with a view to improved efficiency, reduced costs and better business…
ACA Completes Foreside Merger to Form One of Largest GRC Platforms
GRC platform operator ACA Group has completed its merger with Foreside Financial Group, creating one of the world’s most extensive governance, risk and compliance offerings. The merger combines ACA’s regulatory compliance, cybersecurity, ESG and performance capabilities with Foreside’s distribution and broker-dealer capabilities to create a one-stop shop for investment firms. ACA’s business model involves supplementing its…
Recorded Webinar: Adding value and improving efficiencies in sanctions screening
Sanctions have been headline news this year. They are growing in number, sanctions lists are changing on a daily basis, and there can be conflict between sanctions issued by different jurisdictions – the whole calling for financial institutions to optimise sanctions screening to reduce risk and avoid potentially punitive penalties of non-compliance. This webinar will…
Recorded Webinar: Modernising Data Infrastructures: Challenges and opportunities of managing complex financial data and analytics in hybrid and multi-cloud environments
As they forge ahead with their digital transformation programs, financial institutions are finding that the internal platforms they use to manage complex data sets for trading, investment, risk, and compliance are no longer fit for purpose. The ongoing shift toward cloud hosting is forcing practitioners to manage the transition from deeply entrenched legacy platforms to…
What is Digital Transformation and How Do You Get it Right?
While financial institutions are grasping the opportunities offered by the digital transformation of their activities, a number of impediments are hampering some from extending the strategy to their operations teams in the back office. A stubborn corporate culture, fear of change and a lack of planning are just some of the challenges cited by industry…
The 16 Best Conduct Risk Solution Providers in 2022
Following many well publicised misconduct issues within financial services, there is now a regulatory spotlight on the issue of conduct risk (in addition to all the fines) in an effort to help rebuild trust and support future growth. The FCA broadly defines conduct risk as ‘any action of a regulated firm or individual that leads…
Top 6 Use Cases for AI in RegTech
As artificial intelligence’s influence on regtech continues to grow, so does the importance of minimising algorithm bias and maximising data quality. The use of Artificial Intelligence (AI) and machine learning in RegTech is playing an increasingly important role and helping to reshape risk and regulatory compliance. It can offer many benefits and we outline the…