Source: Fintech Global
SS&C Technologies Holdings, a provider of financial services and software, has announced a strategic partnership with Regnology, a frontrunner in regulatory reporting technology.
This collaboration is aimed at assisting clients with the upcoming regulatory requirements set by the European Banking Authority.
The partnership aims to create an extensible framework that not only meets regulatory demands for ALM IRRBB and Liquidity Risk regulations but also caters to management needs. The collaboration promises an end-to-end, cloud-enabled solution that simplifies regulatory and risk management workflows, diminishes operational complexities, and boosts efficiency across the board. This comprehensive risk and reporting solution covers data input, robust calculations, and streamlined reporting workflows, ensuring the smooth creation and submission of regulatory reports.
The joint solution by SS&C Algorithmics and Regnology addresses a wide range of needs, including risk and regulatory reporting for EBA IRRBB-SA within Europe, end-to-end Liquidity Risk in North America, and ALM and Liquidity Risk capabilities in other global markets.
Rob Mackay, CEO OF Regnology, said,“The collaboration between Regnology and SS&C Algorithmics is poised to harness the strengths of both entities. SS&C Algorithmics’ expertise in risk analytics complements Regnology’s integrated and regulatory reporting experience to create a powerful offering to address the evolving needs of financial institutions.”
Read full article: https://fintech.global/2024/02/08/ssc-partners-with-regnology-for-enhanced-reporting-solutions/
