Latest Reporting/compliance News: Finextra Research

Backbase and Jumio ally for AI-powered identity verification

Jumio, the leading AI-powered trusted identity as a service provider, today announced a partnership with Backbase, the omni-channel digital banking platform leader.

11 July 2018

Company update/Reporting/compliance

Standard Chartered enlists Regtech startup Silent Eight for financial crime fight

Standard Chartered has announced that as part of its continued efforts to lead the way in the global fight against financial crime, and through its use of RegTech, it has partnered with Silent Eight to deliver cutting edge capabilities to its Financial Crime Compliance (FCC) teams.

10 July 2018

Company update/Reporting/compliance

Encompass appoints Ed Lloyd as EVP, global sales

encompass corporation (“encompass”), a fast-growing global provider of robotically automated Know Your Customer (KYC) solutions, today announced the appointment of Ed Lloyd, a long-term veteran of the compliance technology industry, to the position of Executive Vice President, Global Sales.

06 July 2018

News/Reporting/compliance

UK regulators turn the heat up on bank IT failures

UK regulators have given British financial firms a three-month deadline to demonstrate their operational resilience in the event of a cyber attack or IT breakdown.

05 July 2018

Company update/Reporting/compliance

Hampshire Trust Bank selects Jaywing to help meet regulatory burden

Credit risk analytics expert, Jaywing, today announces a new partnership with specialist SME bank Hampshire Trust Bank (HTB).

25 June 2018

News/Reporting/compliance

US Treasury fintech report to make regulatory recommendations

A much anticipated report from the US Treasury on regulatory reforms for the fintech sector is set to recommend the use of regulatory sandboxes and fintech charters at both a state and federal level.

22 June 2018

Company update/Reporting/compliance

LEI waiver period to end in July

The temporary period allowing for a smooth introduction of the use of Legal Identity Identifiers (LEIs), originally brought-in in December 2017, will not be further extended and cease in July 2018, the European Securities and Markets Authority (ESMA) confirmed today.

20 June 2018

Company update/Reporting/compliance

Leeds Building Society selects Lombard Risk for regulatory reporting

Lombard Risk, a Vermeg company, the leading dedicated global provider of regulatory reporting and collateral management solutions announces that Leeds Building Society has signed a multi-year licence for Lombard Risk’s flagship regulatory reporting platform, AgileREPORTER.

20 June 2018

News/Reporting/compliance

Spanish banks move ahead with blockchain platform for digital IDs

A consortium of Spanish banks is moving ahead with the development of a blockchain-based digital identity platform slated for live testing before the end of the year.

20 June 2018

Company update/Reporting/compliance

Bendigo and Adelaide Bank choose Wolters Kluwer for regulatory reporting

Bendigo and Adelaide Bank has chosen Wolters Kluwer’s OneSumX to provide its regulatory reporting solution for its operations in Australia.

19 June 2018

News/Reporting/compliance

ABN Amro picks ThetaRay machine learning tech to fight money laundering

ABN Amro has signed up for machine learning technology from ThetaRay to help it tackle money laundering and terrorist financing risks.

19 June 2018

Company update/Reporting/compliance

Pelican launches live 'beta' version of its API hub

Pelican, a global provider of payments and financial crime compliance solutions to banks and corporates, has announced the live ‘beta’ launch of its pan-European API Hub for banks.

12 June 2018

News/Reporting/compliance

Regtech firm Cappitech raises $4m

Cappitech, a provider of automated regulatory reporting technology to the FS industry, has raised $4 million in a Series A funding round led by 83North and joined by the co-founders of Markit.

12 June 2018

Company update/Reporting/compliance

Canara Bank censured by FCA for anti-money laundering failings

The Financial Conduct Authority (FCA) has fined Canara Bank £896,100 and has imposed a restriction, preventing it from accepting deposits from new customers for 147 days.

06 June 2018

News/Reporting/compliance

Live: Swift Latin American Regional Conference - day one

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2018, in Miami. This event will focus on important issues affecting the financial industry in the region, and how the financial community can seize the opportunities that are emerging.

05 June 2018

Company update/Reporting/compliance

Marshall Sterling implements Re:Call from TeleWare for regulatory compliance

Marshall Sterling, a London headquartered investment management organisation, has deployed TeleWare’s Re:Call app to meet regulatory requirements.

31 May 2018

Company update/Reporting/compliance

Mizuho to develop risk management framework in the cloud

As one means of strengthening our response to changes in global financial regulations prompted by the 2008 global financial crisis, Mizuho Financial Group, Inc. (President & Group CEO: Tatsufumi Sakai) and Mizuho Bank, Ltd. (President & CEO: Koji Fujiwara) are planning to develop a market risk management system using a cloud computing environment provided by Amazon Web Services (AWS).

30 May 2018

Company update/Reporting/compliance

Tora integrates with Trax for trade reporting

TORA, provider of the industry’s most advanced cloud-based order and execution management system (OEMS), today announced that it has partnered with Trax, the post-trade services and European market data division of MarketAxess, to help their mutual clients meet MiFID II trade and transaction reporting requirements.

29 May 2018

Company update/Reporting/compliance

Red Deer selected by Close Brothers Asset Management to support MiFID II processes

Red Deer, a financial technology company dedicated to enhancing the performance of active investment managers, is pleased to announce that Close Brothers Asset Management, a leading wealth manager, has improved its MiFID II processes by implementing Red Deer’s Research Management solution to better manage its research budgets and enforce stricter controls around inducement across its investment business.

29 May 2018

Company update/Reporting/compliance

FCA puts robo advisors to the test...and finds them wanting

We identified promoting innovation and competition as cross-sector priorities in our 2017/18 Business Plan. We want financial innovation in our markets to thrive where it delivers good outcomes for customers in terms of value, costs and choice.

23 May 2018