Get Your Own Damn Pay

Regulatory Reporting and Credit Risk Management on the Buy-Side: How FinTech Can Assist with Upcoming Challenges

Over the past 3-4 years the avalanche of new Regulations has exceeded all our expectations and created a new challenging environment for market participants. EMIR, MIFIDII, the upcoming SFTR and other Regulations all require both buy and sell side clients to report to regulators in a timely manner. Banks and other larger institutions have faced these challenges by dramatically increasing their Compliance, Operations and IT departments and introducing a lot of manual work arounds while they were developing internal technical solutions that allowed them to automate the processes and meet new criteria. Buy-Side clients, especially the small to medium sized ones, have never had the luxury of expanding their compliance personnel nor did they have budgets to develop solutions internally. Order Management Systems Providers were not able to respond from their side on time and those of them that were not CLOUD based had to spend months developing new upgraded versions. However, each upgrade of the systems needs to be integrated separately into the environments of individual clients. As a result, smaller clients are suffering at the expense of larger buy-side clients who bring the larger contracts and cash flows to the Providers.

Post trade execution operations’ processing flows have experienced a technology evolution over the past two decades and have been significantly streamlined, often to the lowest common denominator. When we consider this against the often highly intricate regulatory processing requirements, what do we find?

During this session we will consider:
− Operational processing efficiencies
− Regulatory precision requirements
− Whether the two strategies crossover and easily co-exist
or
− Whether operational efficiency and regulatory precision are mutually exclusive?

This webinar will cover the following areas:
Digital Wealth Management and customer centric solutions
Artificial Intelligence: emerging new combinations of science and human based advisory models
How to cover regulation with technology easily
Client expectations, no static info anymore, personalizing experiences
Empower partners to achieve goals

Presented by:
Jaime Bolivar, Managing Director TechRules | Bergoña Rubio, International Partners & Marketing Director, TechRules | Javier Carrallo, Sales Development Manager, TechRules

With increased competition and changing customer preferences, Financial Institutions (FIs) must walk a fine line between improving customer experiences and preventing fraud. On the other hand, cybercriminals are changing their tactics to outwit these defenses and putting extra pressure on IT departments that already have to juggle multiple priorities.

At the session, we will explore the advances in the user identification process and how the tactics and techniques used of cybercriminals have evolved detailing some attack campaigns.

A summary presentation about CNetlease, a Pre-seed AI/ML Fintech/RetailTech venture

When it comes to investing in AI, Machine Learning and the cloud in financial services, there is a balance between investing in a service that will Increase revenue and reduce costs without adding more complexity.

So, how do you ensure that you are getting the return you expect?

Join this webinar with Scott Bewley, MD at Enterprisesaas.co to learn:

- How to define value
- How to measure value
- How to ensure enduring value

COVID-19 is testing fintech. With the accelerated adoption of digital technologies, the resulting user growth challenges platforms and increases the chances of vulnerabilities in the systems, which has an effect on customer security. What can fintechs do to ensure client onboarding is swift yet safe and effective?
This webinar will discuss:
- the measures fintechs can put in place to ensure their systems are effective and customer privacy is not sacrificed.
- How to balance onboarding and risk monitoring.
- Advances in AI and Machine learning that underpin identity verification

According to Capgemini’s World Payments Report 2017, global digital payments are expected to rise to roughly 726 billion transactions in 2020. The growth of digital financial services offers innumerable opportunities, expanding access to financial services products and allowing for essentially instantaneous feedback loops. With these opportunities, however, also come risks, including fraud. The threat of fraud requires financial services organizations to act proactively to minimize losses due to fraud. Analysis of data surrounding their customers and transactions is an essential effort to ensure the benefits of the digital payments space continue to outweigh the risks.

In this webinar, Kayla Hartman will discuss the various ways data is used in fraud prevention. As a Data Analyst at Alloy, a fintech company that provides identity verification APIs for clients’ KYC (know your customer) and AML (anti-money laundering), she has firsthand experience in enhancing fraud prevention efforts through data analysis. She will dive into the ways the use of data is currently advantageous to fraud prevention, as well as the challenges that are presented in this quickly changing space.

A discussion on open banking, the accelerating need for mobile and contactless payments, and how the ecosystem is being disrupted by COVID-19.

Fintech industry is changing rapidly and now faces a question if the technology growth is forcing the fintech to evolve or if the needs of fintech urge the technology to step up? And in the process, a lot of competitors, many branches of solutions, most of which go not more than half of the way and all these lead to immense confusion, mistakes, and rollbacks. This cannot be changed unless time can be reversed. But an apt solution to this can be explored. That's the premise of this webinar.

With the rise of mobile and social technologies, customers are more knowledgeable and empowered than ever before. Their ability to access and share information gives them enormous control—and they know it.

As a result, they expect data-driven, personalized interactions at every stage of the customer experience. Frost & Sullivan research shows that one of the clearest trends in customer engagement is the shift from traditional to digital interactions. Buyers like self-service, automated channels because they want easy access to information, on their time line, from anywhere. At the same time, agents want to discard the routine tasks that lower job satisfaction and lead to boredom and churn.

AI and ML help companies leverage real-time and historical information to deliver a contextual, relevant and highly personal customer experience while improving agent morale. This webinar will show you how.

Join our live webinar to learn which elements of AI are driving value for risk and compliance? (i.e. ML, NLP, RPA). Also learn about AI in practice - how regulated financial institutions are utilizing AI today, why
why AI is the only answer to addressing big data compliance challenges, at scale. We will also go over what happened when RegTech met SupTech – how are regulators are applying AI to ease and accelerate compliance processes.

There’s much hype and excitement around how AI and machine learning could transform the world of finance. But a key area of development growing behind the scenes of talking robots and automated assistants is how these new technologies will have a seismic impact on Anti-Money Laundering (AML) and Counter-terror Financing (CTF) back-end compliance processes. AI can dramatically improve AML risk data collection; spotting new risks faster and digging deeper for hidden risks.

It will also shift customer onboarding & KYC processes from ‘name matching’ to contextual ‘identity matching’ to reduce false positives and false negatives. Unlike other industries, the training data required to make this a reality with machine learning techniques are available today.

AI-driven compliance will ultimately have an enormous impact on how financial services will work - increasing automation, reducing manual overheads and helping prevent financial crime.


Presented by Charles Delingpole, CEO & Founder ComplyAdvantage

Charles Delingpole founded ComplyAdvantage in 2014, and as CEO leads the product development and growth of the company. Charles set up his first company, The Student Room Group, now the world’s largest student discussion forum, when he was 16. After completing his MA in Politics at Trinity College Cambridge, and then an MSc in Management, Strategy and Finance from the LSE, he became an associate at J.P. Morgan Cazenove. He then went on to co-found FinTech firm MarketInvoice, a peer -to - peer financing company which uses customer data to digitise the approach to financial risk analysis.