Tag: Technology Solutions
Five major hurdles financial institutions face in client onboarding
A survey conducted by Muinmos has shed light on the significant hurdles financial institutions face during client onboarding.
HCLTech’s success with BOT and BOOT in Eastern Europe and India
HCLTech has revolutionized the way businesses expand internationally through its innovative Build-Operate-Transfer (BOT) and Build-Operate-Optimize-Transfer (BOOT) models.
These strategies have significantly enhanced the operational capabilities...
How the ECCTA is reshaping costs for UK financial institutions
In October 2023, the UK implemented the Economic Crime and Corporate Transparency Act (ECCTA), setting stringent identity verification (IDV) mandates for shareholders, directors, and...
Navigating the complexities of off-channel communications in finance
In recent years, off-channel communications have come under the intense scrutiny of regulators like the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). This scrutiny is largely due to the risks these unmonitored communications pose, ranging from compliance issues to gaps in record-keeping that can affect investor protection.
FinCEN’s latest AML requirements: Impact and strategies for RIAs and ERAs
Compliance officers in the asset management sector are pivotal, often juggling multiple responsibilities.
Navigating tax compliance: How FinTech innovates CRS and FATCA reporting
In the rapidly evolving global finance sector, the importance of complying with regulatory frameworks like the Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA) cannot be overstated.
Ridgeline International secures pivotal backing from Enlightenment Capital
Enlightenment Capital, an investment firm from the Washington DC area, recently announced a strategic investment in Ridgeline International, a specialist in proprietary intelligence and cyber technology solutions.
