We are delighted to announce that REGnosys’s Rosetta platform has won Best Regulatory Reporting Solution at this year’s RegTech Insight Awards - USA. Selected from a host of nominations all competing to be at the forefront of regulatory technology, REGnosys beat leading names including Droit, Kaizen and Novatus Advisory.
The RegTech Insight Awards recognise both established solution providers and innovative newcomers providing RegTech solutions that throughout the year have successfully improved firms’ ability to effectively respond to evolving and complex regulatory requirements across the global financial services industry.
The judging panel for the initial shortlist was made up of the editors and advisory board at A-team Insight, which comprises representatives with senior positions in financial services and a wealth of expertise in the world of regulation and technology. The final winner was decided by a public vote.
Leo Labeis, CEO and founder at REGnosys, said: “Winning this award is testament to not only the hard work of our talented team, but also the truly innovative way in which our Rosetta platform is reducing the cost and complexity of compliance.
“Over the past decade, regulatory reporting has proved more and more difficult due to the sheer volume of data requirements embedded in often conflicting and ambiguous rules, creating an ever-increasing regulatory burden. Rosetta has been uniquely designed to tackle these challenges by enabling cross-firms collaboration to comply safer, cheaper and faster. We are proud to have played a central role in the development of the industry’s Common Domain Model (CDM) and Digital Regulatory Reporting (DRR) initiatives, and to have enabled firms to integrate them in production compliance applications.
“Reporting firms leveraged Rosetta to go live with the CFTC Rewrite in December 2022 and are now focusing on EMIR Refit and JFSA due in April 2024. We’ve only just scratched the surface, and with several new regulatory requirements going live next year, we’re excited to be recognised as the financial industry’s partner of choice to transform regulatory reporting.”
Please get in touch with REGnosys to see how we can help you benefit from the CDM and DRR – using all the unique features of Rosetta.