Welcome to the latest edition of At the Forefront: Fintech Conversations!
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In this installment, Forefront VP and Head of Content Sam Belden is joined by Linda Middleditch, Chief Product Officer at Regnology, a provider of RegTech and SupTech solutions to financial institutions and the supervisory authorities that regulate them. Sam and Linda discuss the company’s latest offering, Regnology Granular Data Model (RGD), an integrated global data model to prepare for the future of regulatory reporting.
Linda details how the Regnology team has been refining RGD for some time, building out a semantic data model with no redundancy that will ultimately deliver incredible value to the regulatory reporting cycle. Ultimately, the data model is designed to take the heavy lift out of the reporting process. Key benefits include faster time to regulation and a huge cost savings to the customer on the basis of being global in nature.
Sam and Linda go on to discuss how granular data models are a major priority in Europe, with regulations such as IReF requiring firms to future-proof their regulatory tech stack. Linda shares that RGD turns data collection from being reactive to proactive, providing more flexibility to firms while ensuring they remain compliant with upcoming regulatory obligations.
Tune in to gain insights into these topics and more, including how Regnology implements the cloud and AI and their tooling and what’s next on the horizon.
If you’d like to learn more about Regnology’s new RGD solution, you can visit https://www.regnology.net/en/.
See below for a breakdown of what was discussed. Happy listening!
Timestamps:
1:05: Overview of the RGD model
2:00: How data granularity is playing into the global regulatory landscape
3:00: Efficiencies clients will achieve with RGD
4:30: How capabilities like the cloud and AI compound the benefits of a granular data model
6:10: Big challenges on the regulatory horizon that are guiding Regnology’s future roadmap
