VERMEG, the global banking, insurance and digital transformation leader announces that AgileREPORTER has been awarded Best Regulatory Reporting Management Solution at the Grant Thornton UK LLP RegTech Index launch.

The RegTech Index is designed to assist discerning firms achieve an immediate short-list of solutions that are not only best in class regulatory technology in themselves, but that are also provided by a vendor with a track record of client service and corporate responsibility.

Khaled Ben Abdeljelil, VERMEG Executive Director Banking Industry, said:

“We are delighted that AgileREPORTER has obtained this award. The significant investment in AgileREPORTER by VERMEG over the last 24 months and the wide adoption of AgileREPORTER not just here in UK, but also in North America and APAC, means that this comes as no surprise. That said, we are of course delighted that our regulatory reporting solution has been independently recognised.  

We are proud of both AgileREPORTER as a solution to the challenges of the regulatory reporting process, and of VERMEG’s record as a provider.  The Disruption House Scorecard process, underpinning the independent objective evaluation resulting in this win, has assessed our company, technology and ability to deliver.  It has analysed our performance in our business model and customer engagement, and our management approach - both human and financial.  The technology assessment has scored AgileREPORTER as the winner in respect of design, build, deployment and support.  We are very proud of this achievement and of our teams that have made this possible.”

Paul Thomas, VERMEG UK General Manager said, upon collecting the award:

“We congratulate Grant Thornton UK LLP on the launch of their RegTech Index.  We look forward to continuing to work with the industry in delivering the best regulatory reporting management solution from the best vendor in the space.  I and my international colleagues in Europe, Asia and the Americas are seeing AgileREPORTER selected by firms as the new strategic solution to the process of getting regulatory reporting done.  This is what it has been designed to do.”

Khaled Ben Abdeljelil added:

“AgileREPORTER is an out-of-the-box solution for multiple jurisdictions globally.  This, and our ability to understand financial institution source data, our deep regulatory reporting subject matter expertise, our innovation agenda, strong regulator relationships and of course AgileREPORTER’s solution features are the key reasons that banks trust VERMEG for our regulatory reporting.”