IBM

An innovative risk path beyond aggregation for finance: An interview with Peter Chirlian

IBM RegTech Innovations. IBM recently announced its acquisition of Armanta, a provider of aggregation and analytics software to financial services firms. Armanta’s technology platform allows financial institutions to aggregate data across multiple systems in near real-time speed.  We caught up with Peter Chirlian, CEO of Armanta, an IBM Company, to tell us more about Armanta’s […]

Continue reading

The next step in fintech: Collaboration

When describing the financial services industry, you often hear words like “transformation” or “evolution.” These words were commonly said during the rise in popularity of secure internet browsing, voice recognition, or mobile devices and apps. While these now ubiquitous technologies are used by practically everyone across the industry and beyond, the financial industry is still […]

Continue reading

IBM playing key role in Canadian summit to modernize payment systems

As the banking Payments ecosystem in Canada continues to expand, IBM is looking forward participating in the upcoming Payments Canada Summit, held in Toronto on May 9-11 with industry leaders, innovators and challengers. While the advances in Payments processing are clear, there still remains a number of areas where further education is necessary, additional trust […]

Continue reading

Disrupting the disruptors: Are incumbents winning the battle?

Finding reliable and trustworthy business intelligence can be a challenge. Business leaders are often tasked with making critical technology decisions that can affect an entire organization. Informed, data-driven choices based on real-world experiences and facts gleaned from peers are central to gathering the market intelligence to act with speed and confidence. As a source of insight […]

Continue reading

Putting smart to work: Raising Cora

At IBM Think, the premier business and technology conference, the main theme is “mankind + machine,” and during the Wednesday morning session with Ian Hurst and Sarah Diamond, IBM General Managers of Banking and Financial Markets, and Naresh Vyas, Royal Bank of Scotland Head of Solutions, that theme was on full display. A digital reinvention […]

Continue reading

IBM and Promontory: Looking for a needle in a haystack with Watson

Carrying out Know Your Customer (KYC) due diligence is a delicate balancing act. On one side you’re always looking to streamline your customer’s onboarding process with quick and painless client verification and due diligence. On the other, you need to observe ever-changing regulations, manage voluminous amounts of structured and unstructured data, and perform often repetitive […]

Continue reading

Watson at Work at IBM Think: Meeting compliance through cognitive computing

Maintaining regulatory compliance is a daunting task. Up to 200 regulatory changes occur every day, varying from large scale regulation like Dodd Frank, to minute changes to the font and size of footnotes in regulation text. The cost of not being compliant is astronomical – since 2008, more than $50 billion in fines have been […]

Continue reading

Kicking off Think 2018 with intelligent automation in banking

“Intelligent automation allows business and technology to function together for a common goal instead of against working against one another.” – Saket Sinha, IBM Vice President & Partner, Banking & Financial Markets To a maximum capacity audience and kicking off an exciting week of IBM Think 2018 in Las Vegas, IBM VP Saket Sinha led […]

Continue reading

Promontory Financial Group CEO on the future of RegTech

Gene Ludwig, the CEO and founder of Promontory Financial Group, recently sat down with Bloomberg Law in a wide-ranging interview to discuss his predictions for the future of RegTech, blockchain, and where he sees the markets going in the next three to five years. Promontory was acquired by IBM in 2016, and helps primarily financial […]

Continue reading

The future of regulatory compliance converges at IBM RegTech Europe

A common assumption in risk and compliance is that financial institutions typically have to spend more to meet their regulatory obligations. While this has been mostly true for decades, regulatory technology, regtech, offers a new path forward for financial institutions who are seeking to manage their compliance requirements more efficiently and effectively. To achieve this, […]

Continue reading

Reimagine your business in the era of AI at Think 2018

The financial services industry is at a crossroads. Faced with massively escalating data volumes, exponentially growing regulatory requirements, legacy risk and IT systems that just aren’t up to the new reality and increasing market pressure to improve performance, something has to change. Firms can’t continue down the path of non-stop hiring that they’ve traditionally taken, […]

Continue reading