Regnology clinches prestigious Google Cloud award for its transformative financial reporting solution

Regnology clinches prestigious Google Cloud award for its transformative financial reporting solution

Regnology, renowned for its cutting-edge regulatory reporting solutions, has been named the 2024 Google Cloud Industry Solution Partner of the Year in the Financial Services and Insurance sector.

This accolade highlights the remarkable synergy between Regnology’s specialized Rcloud platform and Google Cloud’s advanced cloud technology, setting a new benchmark for regulatory reporting in the financial services industry.

Rcloud, launched by Regnology in collaboration with Google Cloud in 2022, represents a significant leap forward in addressing the complex challenges faced by financial services institutions (FSIs). The platform empowers FSIs with state-of-the-art regulatory reporting capabilities, ensuring they remain agile and responsive to the dynamic regulatory environment. By harnessing the power of Google Cloud’s infrastructure, Rcloud offers unparalleled scalability and reliability, enabling institutions to meet their reporting obligations with enhanced efficiency and accuracy.

The financial landscape is witnessing a rapid transformation, with regulatory reporting requirements becoming increasingly complex and voluminous. In response, FSIs are continually seeking innovative solutions to streamline their reporting processes and ensure compliance. Rcloud’s advanced data management and infrastructure capabilities have positioned Regnology as a leader in this space, offering a solution that not only meets the current needs of FSIs but also anticipates future challenges.

Antoine Moreau, CIO of Regnology, expressed his enthusiasm for the award, highlighting the impact of the Rcloud platform on the industry. “We are thrilled about the recognition as Google Cloud Industry Solution Partner of the Year in Financial Services and Insurance. Within the past six months, over 200 banks from 20 countries have been onboarded on Rcloud to fully leverage our suite of specialized regulatory reporting solutions, while relying on an efficiency-driven, sustainable, and scalable infrastructure.

“Our ongoing partnership with Google Cloud also underscores our commitment to innovation providing FSIs with a forward-looking foundation to embrace automation and unlock the transformative power of AI, as demonstrated by our most recent introduction, Regnology Chatbot, which elevates our customer support with rapid-fire response to regulatory inquiries.”

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