Murex Survey Shows that, As Asia Pacific Banks Ready for FRTB Compliance, Many Aim for IMA Approach
- 3 years 2 weeks ago
- Compliance
Asia Pacific financial institutions believe that fundamental review of the trading book (FRTB) rules will increase capital requirements significantly, regardless of risk calculation model used, according to a wide-ranging Murex survey of bank readiness ahead of critical upcoming changes. However, half of these banks plan to pursue the more risk-sensitive, sophisticated model of compliance—the value-at-risk-based internal model approach, or IMA.
Sumsub Successfully Completes SOC 3 Examination
- 3 years 2 weeks ago
- AML and KYC
Sumsub, a global tech company offering customizable KYC, KYB, KYT, and AML solutions, today announced the successful completion of the System and Organisation Controls (SOC) 3 audit.
Encompass Selected for Austrade Trade Mission Promoting Global FinTech Collaboration
- 3 years 2 weeks ago
- AML and KYC
Encompass Corporation, the leading provider of dynamic Know Your Customer (KYC) process automation, has been selected to join a major international trade mission, led by Austrade, which aims to showcase growing FinTech businesses and strengthen global relations.
FRA Announces Partnership with TRM Labs to Bolster Cryptocurrency Investigation and Compliance Practice
- 3 years 3 weeks ago
- Compliance
Forensic Risk Alliance (FRA), a leading global consulting firm specializing in forensic accounting, compliance, data analytics, and investigations, is pleased to announce its partnership with TRM Labs, the leader in blockchain intelligence solutions. This partnership marks a significant milestone for FRA as it further expands its capabilities in the ever-increasing regulatory scrutiny of cryptocurrency investigations.
Eventus Named Best Trade Surveillance Solution at 2023 RegTech Insight Europe Awards
- 3 years 3 weeks ago
- Compliance
Eventus, a leading global provider of multi-asset class trade surveillance, market risk and algo monitoring solutions, has won the RegTech Insight Europe Award for Best Trade Surveillance Solution for the second consecutive year. The award, bestowed yesterday in London, marks the fifth RegTech Insight award the firm has earned since 2019.
Castlepoint Systems, the Multi-award Winning, Ultimate Information Security and Compliance Platform Wins ISACA Innovation Solutions Award
- 3 years 3 weeks ago
- Compliance
Castlepoint Systems, experts in data management and ethical AI for cybersecurity has won the prestigious ISACA Innovation Solutions Award.
Arteria AI Partners With Compliance Systems to Provide Enhanced Digital Documentation Processes For Community Banks and Credit Unions
- 3 years 3 weeks ago
- Compliance
Arteria AI, an award-winning global leader in enterprise digital documentation infrastructure, today announced its strategic partnership with Compliance Systems, the financial industry’s leading provider of dynamic compliance documentation, to introduce an integrated solution to address the needs for better documentation processes for today’s community financial institutions.
Westpac New Zealand Accelerates ISO 20022 Compliance with Finastra
- 3 years 3 weeks ago
- Compliance
Westpac New Zealand has deployed a solution from Finastra to accelerate its compliance with the new ISO 20022 financial messaging standard. The solution has enabled the bank to leverage benefits of ISO 20022’s data-rich MX messaging format whilst providing backward-compatibility with legacy messaging formats, without needing to upgrade its entire payments ecosystem.
Simpl Partners with Zolvit to Offer Comprehensive Legal and Compliance Services for D2C Merchants Across India
- 3 years 4 weeks ago
- Compliance
Simpl, India’s foremost merchant-first checkout platform, today announced a partnership with Zolvit (formerly Vakilsearch), India's largest legal services platform, to provide reliable and personalised legal solutions for the Direct-to-Consumer (D2C) merchants across the country. The partnership aims to provide a one-stop platform for legal, tax and compliance needs of D2C merchants and solves for a critical pain point, enabling them to focus on... more
corfinancial Implements CSDR Compliance Software at Man Group
- 3 years 4 weeks ago
- Compliance
corfinancial®, a leading provider of specialist software and services to the financial services sector, announces the implementation of its Central Securities Depositories Regulation (CSDR) software, SureVu®, at Man Group, a global active investment management firm with $144.7 billion of AUM (as of 31st March 2023).
Experian Integrates with Kyckr for Real-time Verification of Over 120 Million Companies Globally
- 3 years 1 month ago
- AML and KYC
Kyckr, the corporate Know Your Customer company, has announced its new integration with the world's leading global information services company, Experian.
Bank of Valletta Adopts Resistant AI’s Anti-Money Laundering Product to Tackle Financial Crime and Meet Evolving Regulatory Expectations
- 3 years 1 month ago
- AML and KYC
Resistant AI, the AI and machine learning financial crime prevention specialists, today announces that Bank of Valletta, the largest bank in Malta, is to adopt its Transaction Forensics product for anti-money laundering (AML).
Wolters Kluwer Offers Compliance Insights on Bank Failures
- 3 years 1 month ago
- Compliance
Wolters Kluwer, the Dutch tech firm which is home to award-winning regulatory and risk management businesses, is helping shed light on the likely causes behind several recent bank failures.
ZebPay Partners with TaxNodes to Demystify Crypto Taxation for Indian Investors
- 3 years 1 month ago
- Tax Authorities
ZebPay, India’s oldest and most trusted crypto asset exchange today announced that it has partnered with TaxNodes, an expert-assisted ITR filing platform to simplify tax filing for virtual digital assets in India. As a result of this association, TaxNodes will provide assistance to ZebPay's extensive user community to ensure precise tax calculations and compliance, to keep them updated with the most recent tax-related developments in the virtual... more
