Banco Bilbao Vizcaya Argentaria UK implemented the service to boost its efficiency and growth, while ensuring its Mifid II commitments are being managed optimally.
OneSumX Regulatory Reporting uses a single data source to ensure consistency, reconciliation, and accuracy, and includes the firm’s Regulatory Update Service. This is maintained by the vendor’s in-house experts who actively monitor regulation across approximately fifty countries.
The OneSumX Liquidity Risk Management offering combines a risk management/stress-testing engine and regulatory reporting platform, allowing firms to monitor, manage and report on their liquidity risk exposure/challenges.
Other banks that have recently signed up to use OneSumX include Mizuho, BGFI, Taiwan Business Bank, and Bank BGŻ BNP Paribas.
Anthony and James look at why London clearinghouses may be in danger and the use of cognitive tools to monitor employees.Subscribe to Weekly Wrap emails