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Regulatory Wars Phase V – The Fintech Strikes Back….Part Two
12/02/2020

Previously on Regulatory Wars Phase V – The Fintech Strikes Back…. A long time ago in a galaxy far, far away…It is a period of civil war. Rebel fintech spaceships, striking from a hidden base, have won their first victory against the evil Galactic Regulatory Empire………As Obi Wan Kenobi once said “Don’t be too proud of this regulatory terror you’ve constructed. The ability to destroy collateral mobility is insignificant next…

Regulatory Wars Phase V – The Fintech Strikes Back…..Part One!!!!
28/01/2020

A long time ago in a galaxy far, far away…It is a period of civil war. Rebel fintech spaceships, striking from a hidden base, have won their first victory against the evil Galactic Regulatory Empire……… The above sounds like fiction doesn’t it? However, for many institutions the Uncleared Margin Rules, or UMR for short, represent the regulatory equivalent of the Death Star depicted in the Star Wars films of yester…

Vendor Added Value
14/01/2020

Vendor Added Value BenefitsVendor Added Value – “VAV”, let’s call it, is all the comforting layers of extra value client firms get from experienced vendors. Indeed, here I am talking about “VERMEG VAV”. Global regulators, clamping down with attention-grabbing Senior Management letters and significant mis-reporting fines have an ever-slimming tolerance for dodgy data, broken processes and reporting interpretation errors, and an ever-burgeoning interest in operational resilience. So, do you realise…

2019 – The Regulatory Year in Review
07/01/2020

As 2019 passes it seems fitting to look back on the past 12 months and, in particular, at the industry activities that have been of interest to our Regulatory Reporting community.It goes without saying that one topic has been dominant in all aspects of life in recent years and the last 12 months seem to have involved a Brexit version of the Okey-Cokey – in out, in out, not to…

Custodians Facing Uncertainty
27/11/2019

Today, custodians like any other financial institution are facing rapid changes in regulation and technology. Revenues are shrinking and the competition between custodians is getting harder where transparency on fees is mandated by regulation. Even though these changes already existed for the last few years, no clear answer or trend was invoked. Therefore, the pressure still lays with the custodians to find their way into the future while the fear of making the wrong…

IS REGULATOR INNOVATION COMING TO THE BOIL?
22/11/2019

Regulator Innovation As a leader in the provision of Regulatory Reporting solutions, VERMEG is at the forefront of innovation in this area.  VERMEG has an active innovation agenda which is both invested in and influences the evolution of how reporting is done.  But, what about how regulation is done, what Regulator Innovation is being enabled by technology changes?  This is the Supervisory Technology "SupTech" phenomenon, and SupTech is going to increase…

Sibos 2019: Wassel Dammak,VERMEG
24/10/2019

Sibos 2019: Wassel Dammak, VERMEG from Advertainment Media on Vimeo.

How Not To Transform A Legacy Insurer
02/10/2019

Brahim Halmaoui, Senior VP for Insurance, VERMEG, shares his views on how NOT to proceed with the transformation of an insurance organisation.“Irrespective of which field of insurance they are in, which region, or what size of business they are, transformation needs to take them from a centuries-old model of selling insurance through very silo-based operations – where we have people who specialise in risk management, policy administration, claims management etc.…

Repo & SBL to the Rescue.
28/08/2019

Once upon a time, in a regulatory landscape far, far away…This may sound like an opening to a fairy tale, however the reality is that the regulatory landscape is now beyond recognition for even the most grizzled and battle hardened of collateral managers. Dodd-Frank, Basel III, EMIR and other global equivalents have provided a regulatory explosion which has the collateral pool shuddering at the concept of an unprecedented demand for…

Ce que l’Intelligence Artificielle apporte à la distribution de produits assurance
28/11/2018

Aujourd’hui, l’Intelligence Artificielle (IA) apporte des opportunités nouvelles ! Les processus peuvent être jusqu’à 15 fois plus efficaces avec une technologie d’IA que sans. Il est donc logique que chaque assureur identifie ses champs d’application.L’Intelligence Artificielle n’est pas une technologie unique mais bien un ensemble de technologies. On peut y inclure le big data, le RPA (Robotic Process Automation), le machine learning, les chatbots, etc. Si la capacité de traitement et…

Plus de proactivité dans la gestion du collatéral
16/10/2018

Les dernières phases du calendrier de mise en conformité EMIR(European Market and Infrastructure Regulations) se rapprochent très vite. Selon une etude de l’ISDA, plus de 10.000 contreparties vont etre impactees en 2019 et 2020. La préparation est insuffisante pour la majeure partie des acteurs concernés et les impacts de la réglementation sont bien souvent méconnus ou ignorés. Et, quand la réglementation est connue, l’attitude est minimaliste ou attentiste.Proactivite : accompagner…

Intelligence artificielle et robotique : leurs conséquences sur l’industrie
15/10/2018

Depuis peu, l’explosion du volume de données et de la puissance informatique a poussé plusieurs industries, dont le secteur financier, à reconsidérer complètement l’intelligence artificielle (AI). Les défis et limites posés par l’IA créent un problème de « cible mouvante » pour les dirigeants : il n’est pas simple de rester à la pointe d'une technologie qui évolue sans cesse si rapidement.  Ce court article se penche sur les enjeux commerciaux…