Frankfurt/London, 23rd April 2024: Regnology and FNA Partner to Deliver an end-to-end Suptech Solution

Regnology, a leading software provider with a focus on regulatory reporting solutions, today announced a partnership with leading network analytics provider FNA to enhance the Regnology Supervisory Hub (RSH) offering with advanced network analytics and simulations. The partnership enables Regnology to provide a complete end-to-end solution to regulators, from granular data collection through to advanced and comprehensive analytics. 

 

With the extended offering, supervisory authorities will be able to take a more proactive, data-driven approach, allowing them to work more efficiently and identify potential issues for further investigation earlier. Real-time alerts on issues that may require investigation and network analytics that can be used to indicate possible systemic risks to the financial system are but two examples of the benefits derived from this partnership. 

 

Initial use cases for the combined solution have included the application of a common cross-border data model for loan-level details that enabled supervisors to collect, validate, store and immediately analyse massive volumes of granular data to great effectiveness. Such examples clearly illustrate how many different applications the integrated solution could have. 

 

This partnership builds on the success of Regnology’s participation in granular data prototypes for the FDIC and MAS, along with FNA’s involvement in the BIS Innovation Hub Project Ellipse. 

 

Antoine Bourdais, SupTech Director, Regnology said: “Our partnership with FNA has the potential to yield tremendous benefits for regulatory authorities and those that they regulate. We’ve seen the impact of ever-increasing volumes of granular data across the regulatory landscape and are well familiar with the challenges that presents. Solutions like the one we’re bringing to market with FNA now are designed to combat those challenges and keep the industry moving forward.”       

 

Kimmo Soramäki, CEO, FNA commented: “We have a lot in common with Regnology when it comes to our data-driven approach and shared desire to transform and evolve the supervisory and regulatory industry through technology. This collaboration once again underscores the importance of network analytics and demonstrates the power of and potential of those analytics when applied to large volumes of granular data. We see a future where financial institutions and the supervisory authorities that oversee them are able to work in concert to make informed and effective decisions.”

 

Linda Middleditch, Chief Product Officer, Regnology added: “We are excited to be partnering with FNA to offer our customers yet another enhanced data solution. The ability to seamlessly deliver granular levels of data alongside advanced insights represents a huge leap forward and another step towards a modernized future of regulation.” 

 

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About Regnology
Regnology is a leading technology firm on a mission to bring safety and stability to the financial markets. With an exclusive focus on regulatory reporting and more than 35,000 financial institutions, 70 regulators, international organizations, and tax authorities relying on our solutions to process their regulatory reporting data, we’re uniquely positioned to bring greater data quality, efficiency, and cost savings to all market participants. With over 900 employees in 16 countries and a unified data ingestion model powering our work, our clients can quickly implement and derive value from our solutions and easily keep pace with ongoing regulatory changes. Regnology was formed in 2021 when BearingPoint RegTech, a former business unit of BearingPoint Group, joined forces with Vizor Software, a global leader in regulatory and supervisory technology. The company is on a continued organic and external growth path, building up as one of the world’s most recognized regulatory reporting powerhouses. 

For more information about Regnology, connect with us on LinkedIn and X.   

Visit our website: www.regnology.net.  

 

About FNA

FNA is a leader in advanced network analytics and simulation. Its software is used to uncover hidden connections and anomalies in large, complex datasets, to predict the impact of stress events, and to optimally configure financial systems and infrastructure. FNA is trusted by the world’s largest central banks, government authorities, commercial banks and financial infrastructures. For further information, please visit www.fna.fi 

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Frankfurt/London, 23rd April 2024: Regnology and FNA Partner to Deliver an end-to-end Suptech Solution Regnology, a leading software provider with a focus on regulatory reporting solutions, today announced a partnership with leading network analytics provider FNA to enhance the Regnology Supervisory Hub (RSH) offering with advanced network analytics and simulations. The partnership enables Regnology to […]
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