Latest Reporting/compliance News: Finextra Research

Traders under the #MeToo spotlight

Banks are increasingly turning to monitoring software in order to eradicate inappropriate behaviour on the trading floor.

29 August 2018

News/Reporting/compliance

UK and EU banks plan early warning systems

Both UK and European banks are separately looking at projects to design an early warning system using market data to mitigate the threat of major misconduct or the beginning of the next financial crisis.

28 August 2018

Company update/Reporting/compliance

Temenos Multifonds inks new deal with UMB Fund Services

Temenos (SIX: TEMN), the banking software company, today announced that Milwaukee, Wisconsin-based UMB Fund Services (UMB) signed an agreement to modernize its Exchange Traded Funds (ETF) administration capabilities using Temenos’ Multifonds platform.

21 August 2018

News/Reporting/compliance

UK banks to publish financial comparison data in bid to drive up service standards

UK banks will have to inform customers about the quality of service on their websites and in branches, including how often the firm has had to report operational and security incidents and the level of complaints lodged, under new financial comparison rules introduced by the Financial Conduct Authority.

15 August 2018

Company update/Reporting/compliance

Equiniti prepares users for quarterly MiFID reporting

Equiniti, the UKs leading provider of share registration services and employee share schemes is delighted to announce the provision of a new digital solution in response to MiFID II’s regulatory challenges.

10 August 2018

Company update/Reporting/compliance

Bank of China extends use of AxiomSL’s regulatory platform

AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces that Bank of China has decided to extend its use of AxiomSL’s strategic platform to meet AnaCredit reporting requirements in France.

07 August 2018

Company update/Reporting/compliance

Iress improves compliance monitoring for licensees

IRESS has integrated data analytics solution Lumen with XPLAN, meaning licensees can now more quickly and easily identify actual and potential scenarios where advice standards are not being complied with.

02 August 2018

News/Reporting/compliance

FCA to clamp down on misleading currency transfer rates

The UK's Financial Conduct Authority is making good on its promise to clamp down on the marketing and promotion of currency transfer services which promise exchange rates that are unachievable.

01 August 2018

Company update/Reporting/compliance

Cynozure offers chief data officer on demand

Cynozure, the data and analytics strategy consultancy, today announces its CDO Hub, an innovative and pioneering service for businesses of all sizes to access the very best data expertise, as and when needed.

01 August 2018

Company update/Reporting/compliance

Financial crime prevention veterans join Arachnys advisory board

Arachnys, the leader in Customer Risk Intelligence solutions for Know Your Customer (KYC), Anti Money Laundering (AML) and Due Diligence (DD), is pleased to announce that four industry luminaries become an active part of company’s growth strategy.

31 July 2018

Company update/Reporting/compliance

ITRS and Velocimetrics form partership to tackle regulatory overload

ITRS Group (“ITRS”) the leading provider of real-time monitoring, has announced a partnership with Velocimetrics, a leader in real-time business insight to the global financial community.

26 July 2018

Company update/Reporting/compliance

Thomson Reuters extends LEI data service to AnaCredit regulations

Thomson Reuters has expanded its leading legal entity data service to help the financial community comply with the new AnaCredit European lending regulation that takes effect in September.

25 July 2018

Company update/Reporting/compliance

DTCC paper reveals the huge scale of the compliance burden of securities finance trade reporting

A paper on the impact of the Securities Financing Transactions Regulation (SFTR) reveals that transaction reporting for securities financing trades may create five times as many reports as trades when the regulation takes effect, which is expected in early 2020.

25 July 2018

Company update/Reporting/compliance

Affinity FCU implements Continuity compliance platform

Continuity, a provider of automated compliance management technology for financial institutions, today announced that $3.1 billion-asset, Affinity Federal Credit Union, the largest credit union headquartered in New Jersey and proudly serving the tri-state area, has implemented Continuity’s RegAdvisor®Pro and RegControls™ solutions to streamline and enhance its compliance management.

24 July 2018

Company update/Reporting/compliance

EBA revises final guidelines on fraud reporting under PSD2

The European Banking Authority (EBA) published today its final Guidelines on fraud reporting under the revised Payment Services Directive (PSD2).

20 July 2018

Company update/Reporting/compliance

SEC to adopt transparency rules for dark pools

The Securities and Exchange Commission today announced it has voted to adopt amendments to Regulation ATS to enhance operational transparency and regulatory oversight of alternative trading systems (ATSs) that trade stocks listed on a national securities exchange.

19 July 2018

Company update/Reporting/compliance

Thomson Reuters adds compliance management to Connected Risk platform

Thomson Reuters continues the expansion of its award-winning Connected Risk software platform with the launch of Compliance Management, a new solution designed to help risk and compliance professionals demonstrate strong governance and sound internal controls in the face of intense, enterprise-wide regulatory scrutiny.

12 July 2018

Company update/Reporting/compliance

AxiomSL broadens liquidity risk calculation and reporting suite

AxiomSL, the leading provider of regulatory reporting and risk management solutions, announces today that it has widened its United Kingdom liquidity risk calculation and reporting suite with the launch of its PRA110 solution.

11 July 2018

Company update/Reporting/compliance

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