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The Final Rule brings with it a raft of regulatory compliance challenges for financial institutions. While its intention is to promote “uniformity and consistency” to “strengthen the system as a whole...
On 22nd November, the UK government reaffirmed its commitment to having a leading regulatory and technology environment in the UK. Within the Autumn Budget 2017 speech, the Rt Hon Philip Hammond anno...
Imagine taking a regular smartphone and turning it into a payment acceptance device with a simple app download. That’s the utopian dream many companies are chasing today and it could bring huge benefi...
Cloud technology has developed and evolved in line with the myths that surround it. Up until 15 months ago, banks were publicly reticent about moving core banking services to the cloud for a myriad of...
It has now been more than three years since BIS published their paper back in 2013 in response to the financial crisis, with the snappy title of ‘BCBS239: Principles for effective risk data aggregatio...
Imagine a capital markets desk of a financial institution where a trader is about to press enter on the keyboard to initiate a market position when a message pops up on the computer screen from a regu...
There is no doubt about it – RegTech is hip. Bankers dangle the word over their working breakfasts, while technology teams slather it on proposals they are seeking funding for, along with its cousin, ...
Lloyds Open Banking Challenge Hackathon, #BuildanOpenBank, held on the 16-17 November 2017, had 14 teams including SAP taking part. The goal was to show, within 48 hours, an Open Banking value proposi...
During the last decade the term “cloud” has become a mainstream keyword in most of IT topics. The cloud has changed the way institutions and companies are managing their needs. As a concept, when di
As an avid fan of the Open Banking movement, I have tracked the implementation of PSD2 across Europe with much interest over the last few years. PSD2 aims to give customers control over their financi...
As we noted in our recent ‘Brexit’ blog, the need for managing cross-border complexity in the Client On-boarding and Lifecycle management domain now, more than ever, requires software that can provide...
The most common misperception about Chatbots is that Natural Language Processing (NLP) is the only method for delivering conversation-as-a-service. Though this is not true, as covered in earlier artic...