Planixs Wins at European FinTech Awards 2022 Cementing its Position as the Global Leader
- 12.07.2022 12:25 pm
Planixs, the leading provider of real-time cash, collateral and liquidity management solutions to global financial services firms, is delighted to announce that it has won the FinTech of the Year award at the European FinTech Awards 2022 (RegTech category).
The award recognises Planixs as the market leader in the European RegTech space and its real-time treasury software, Realiti®, as the most innovative regulatory solution in Europe. This recognition marks a hattrick of wins over the last 12 months with Planixs winning RegTech of the Year in the US awards in 2021, RegTech of the Year 2022 in the recent UK awards, and now, as the number one RegTech in Europe completing the full sweep and cementing its position as the global leader.
Founded in 2011, Planixs works with some of the world’s most prestigious global financial institutions such as Santander, Allied Irish Bank, Deutsche Bank, Scotiabank, SIX Group, Banque Internationale à Luxembourg (BIL), Landesbank Baden-Württemberg (LBBW), Lloyds Banking Group, FBN Bank and Zenith Bank, in helping them manage their cash and liquidity and address regulatory challenges.
Realiti provides firms with instant, real-time visibility and insight, allowing them to optimise their cash and liquidity and comply with regulatory requirements. With Realiti, organisations can ensure they meet global regulations including the European Banking Authority, UK PRA and FED requirements. The solution also incorporates stress testing capabilities, allowing banking firms to apply a range of stress scenarios in order to understand, monitor and prepare to mitigate any intraday liquidity stresses and to help size liquidity buffers.
Realiti is pivotal in driving operational savings and improving risk management for banks and financial institutions by ensuring they gain real-time liquidity control and ensure regulatory compliance.
The European FinTech Awards, organised by FinTech Intel to celebrate the achievements of the best and brightest FinTech firms, was held on 7th July in London, with Planixs selected as the winner by an independent panel of judges. In announcing the award, the judges commented that “Planixs is serving a crucial market and supports the sustainability of wider financial services – it’s a fantastic fintech.”
Neville Roberts, Planixs’ CEO commented, “We are extremely delighted and very proud to be named the European RegTech of the Year. We have many banking customers across Europe and understand the stringent regulations that banks need to adhere to. Our Realiti solution provides our customers with real-time insight across all their data to ensure regulatory compliance over their cash, collateral and liquidity operations. Being named the leading RegTech in the US, UK and Europe is such an honour and further helps us cement our position as the number one global RegTech provider.”