厙惇勛圖

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
厙惇勛圖
Leading the Way

Global 厙惇勛圖 Finance News and Commentary
≔ Menu
厙惇勛圖
Leading the Way

Global 厙惇勛圖 Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. HomeRegulation news
  2. SS&C Algorithmics enters partnership with Regnology
Regulation news

SS&C Algorithmics enters partnership with Regnology


08 February 2024 US
Reporter: Carmella Haswell

Generic business image for news article
Image: Murrstock/stock.adobe.com
Connecticut-based software and services provider SS&C Technologies Holdings has partnered with Regnology to tackle upcoming regulatory requirements.

The partnership creates an extensible framework to support both regulatory and management needs for Asset Liability Management (ALM) European Banking Authority's (EBAa) Interest Rate in the Banking Book (IRRBB) and liquidity risk regulations.

SS&C Algorithmics will combine its risk calculations with Regnology's regulatory reports to help clients meet the IRRBB reporting requirements.

The new ALM reporting rules will be implemented in September 2024.

The two firms say this offering will streamline regulatory and risk management workflows, reduce operational complexities and enhance efficiency with an end-to-end cloud-enabled offering.

The risk and reporting solution spans data input and calculations to streamlined reporting workflows for report creation and submission.

Commenting on the partnership, Mina Wallace, senior vice president and general manager at SS&C Algorithmics, says: This partnership is a testament to our shared commitment to innovation in financial risk management.

Our combined expertise and technology will empower financial institutions with best-in-class solutions to navigate the complexities of risk and compliance. Moreover, SS&C's cloud-based infrastructure will enable the delivery of solutions quickly to meet upcoming deadlines without extensive internal infrastructure development.

Regnology CEO Rob Mackay adds: 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.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 厙惇勛圖 Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Liquidity

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →