TORONTO, ON, CANADA, September 12, 2023/EINPresswire.com/ - SQL Power, the global leader in Financial Regulation, Digital Transformation, and Advanced Analytics is proud to announce its newly formed partnership with CoreFiling. The partnership between SQL Power and CoreFiling represents a significant milestone in the industry, combining the innovations and expertise of two supervisory powerhouses to address...
Tag: regtech
SupTech Revolutionizing Financial Supervision: Overcoming Challenges and Empowering Regulators
Amidst the dynamic landscape of global finance, characterized by innovation and increasing regulations, the demands on regulators and their regulated entities have grown exponentially. The advent of SupTech, which focuses on utilizing technology to enhance financial supervision, has become crucial in this context. Regulators are now incentivized to seek more timely and granular data from...
RBI calls on banking supervisors to get familiar with new supervisory tools
According to a recent article published by Business Standard, the Reserve Bank (RBI) has called on banking supervisors to familiarize themselves with the latest technological tools in order to enhance their capabilities and effectively address the challenges posed by fast-evolving financial technologies. RBI Deputy Governor Mukesh Jain emphasized the need for supervisors to acquire the...
Bank of Namibia Goes Live with SQL Power’s Regulatory Reporting System, Successfully Achieving its Digital Transformation Agenda
TORONTO, ON, CANADA, March 14, 2023/EINPresswire.com/ - SQL Power, the global leader in financial regulatory and advanced analytics technology is proud to announce the successful rollout of their supervisory platform, the SQL Power Suite, on February 23, 2023, at the Bank of Namibia (BON). BON selected SQL Power’s highly-configurable platform to automate every aspect of...
The Bank of Namibia Selects SQL Power’s Supervisory Platform to Strengthen Their Commitments to Growth
TORONTO, Feb 2, 2022 - SQL Power, the global leader in financial regulatory and advanced analytics technology is proud to announce that their supervisory platform, the SQL Power Suite, was selected by the Bank of Namibia (BON) as the technology framework to digitally transform the Bank. The SQL Power Suite is the most robust and...
Financial Regulation for the Digital Age
Financial regulation is entering the digital age, converting tools and strategies from analog to digital design. In the next decade, this transformation will reach critical mass and do for regulation what digitization does for everything else—make it better, faster, and cheaper. Financial institutions and their regulators have always been active technology adopters. Both finance and...
Technologies for market conduct supervision in a new digital era
Last year, as regulators across the world were grappling with the multiple effects of COVID-19 on their economies, one movement caught the attention of many of them: record-breaking volumes of consumer complaints. This trend, consistent in high-income countries such as the United States, was also observed in low- and middle-income countries such as Colombia. This marked increase...
Regulators Eyeing Tech To Boost Financial Stability
Enhanced supervisory technology (SupTech) with strong governance and skilled human oversight could well have important benefits for financial regulators around the in efforts to increase economic stability in their nations and around the globe, said a report prepared for the G20. “SupTech could improve oversight, surveillance and analytical capabilities, and generate real-time indicators of risk...