From recent research, 50-70% of a firm’s annual change budget is spent on regulatory change - could the growth of comprehensive RegTech solutions impact that for the better? Peering into the future of how RegTech can be used more efficiently, we hear from Grant Thornton UK LLP’s Niresh Rajah, and welcome back a former guest on the show, Alan Blanchard. This episode of The VERMEG podcast covers: How to reframe RegTech as an area of value creation rather than simply cost Using technology to ensure...
Dec 06, 2022•33 min•Ep. 12
When regulatory reporting is a burden and cost shared by all, it’s an area ripe for collaboration, and one growing movement to make that happen is that of open source software. Instigating that evolution is FINOS, and their CTO Jane Gavronsky joins us on FinTalk to discuss the virtues and value in both open source principles and the culture surrounding it. We also hear from our own Global Head of Regulatory Product, Malcolm Arnold, about the potential future implications and who needs to drive t...
Nov 15, 2022•23 min•Ep. 11
A new calendar year is nearly upon us, and with a new Prime Minister comes governmental change that could easily affect the trends and patterns emerging in UK regulation. Joining us on FinTalk to clear the fog on the horizon and look at what the industry may have in store, we hear from Gavin Stewart - Director at Grant Thornton LLP - and a returning guest, VERMEG’s Hanbury Hampden-Turner. We hear how Big Bang 2.0 indicates a sharp change in direction, why shifts may be slower than expected, the ...
Sep 20, 2022•18 min•Ep. 10
One year on from the Dear CEO letter emphasising the need for investment and focus on regulatory reporting, where should firms’ reg reporting systems be now, and what might the future hold? This week on FinTalk, MCO’s Richard Pike and Paul Manson weigh in on the progress that’s expected of firms in response to the letter, ideal methods to focus firms’ investments into regulatory reporting systems, and next steps to bring regulatory reporting alongside financial reporting. This episode of The VER...
Sep 06, 2022•29 min•Ep. 9
It’s been a few months since our last look at the regulatory landscape in the wake of October 2021’s Dear CEO, and with many regulations taking form and becoming more tangible, it’s a perfect time to rendezvous with our first guest on the podcast, James Phillips. James, VERMEG’s fantastic Regulatory Strategy Advisor, has his finger on the pulse of 6 key areas in regulatory reporting, from cryptocurrency and its interesting connection to ESG, increasing regulation around digitisation, and much mo...
Jul 19, 2022•25 min•Ep. 8
Collateral optimisation is set to be a hot topic for the years to come, with a newfound focus on automation and efficiency. This makes the mastery of your systems and processes absolutely vital. VERMEG’s Wassel Dammak brings us a look into the tools and methods through which this can be achieved, bringing COLLINE, machine learning and artificial intelligence to the forefront of the conversation. This episode of The VERMEG podcast covers: How collateral optimisation can enable automation and effi...
Jun 28, 2022•14 min•Ep. 7
Digital assets and cryptocurrency is a growing phenomenon, for which current regulatory standards aren’t yet fully tailored. So what risks should we be aware of with these assets? We pick through NFTs, stablecoins and digital assets with Barney Reynolds, Partner at Shearman & Sterling LLP, breaking down the volatility we’re currently seeing, and how soon we might expect the Treasury and FCA to share their approach. This episode of The VERMEG podcast covers: How the UK’s regulators are likely...
Jun 14, 2022•28 min•Ep. 6
With the introduction to ECMS in late-2023, it’s high time to consider whether you’re ready for the new, unified approach to managing collateral assets. If you need to brush up on what to expect from these changes, and what you can do to best prepare, Ferdinand Peelen is here on FinTalk to break down the system, who’s affected, and how to be ready for its introduction. Ferdinand talks us through VERMEG’s proud involvement in creating the ECMS system, and the tools we’ve created to assist firms l...
Apr 12, 2022•22 min•Ep. 5
As we lead up to the new financial year, it’s a perfect time for some horizon scanning, particularly with the quantity of sizable changes we’re seeing in regulatory reporting. Hanbury Hampden-Turner is our Head of Regulatory Product in Europe, and is tasked with interpreting the new rules on a global basis. We draw on Hanbury’s expertise this week as we cover recent developments in IFPR, CRR2, IFRS9, the move to BEEDS, and much more. This episode of The VERMEG podcast covers: How changes to the ...
Mar 29, 2022•15 min•Ep. 4
The future of RegTech holds great promise for those looking to automate their regulatory reporting, allowing businesses to grow faster with less manual input, and a shining example of this comes from Apiax’s world-leading systems. Apiax’s Alan Blanchard joins Jawad Akhtar on FinTalk to give us a look into how these automated systems are being constructed & implemented, how we can encourage steady implementation of innovative RegTech, and where the UK’s efforts to streamline regulatory report...
Mar 15, 2022•15 min•Ep. 3
Given the invention of the double entry bookkeeping system came many centuries ago, regulatory reporting is in its relative infancy when compared to financial reporting. So how can we better instigate its growth to catch up? Joining us on FinTalk this week to consider the complex nature of regulatory reporting and how we can boost its evolution are Avantage Reply’s Vishwas Khanna & Brain Momoh. Vishwas & Brain delve into cascading accountability from the top down, simplifying the subject...
Mar 01, 2022•35 min•Ep. 2
Welcome to FinTalk, the podcast at the forefront of FinTech & RegTech’s pressing topics, brought to you by VERMEG. Kicking off the series with a focus on the regulatory sector, our host Jawad Akhtar is pleased to be joined by an expert with over 2 decades of experience in the industry - VERMEG’s own James Phillips. James & Jawad take a look at the regulatory challenges in the coming year, particularly the transition from OSCA to BEEDS, issues raised in the latest Dear CEO letter, and ove...
Feb 15, 2022•31 min•Ep. 1
Welcome to FinTalk, the podcast at the forefront of financial technology brought to you by VERMEG. I'm Jawad Akhtar, a Senior Consultant at Vermeg with over 15 years of financial services experience and a passion for creating tailor-made solutions to meet the evolving digitised needs of today's top finance businesses. I'll be your host throughout the series, where we'll tackle the sector's changes, and the tech that's driving FinTech's modern solutions. As professionals in the FinTech world, we ...
Nov 19, 2021•2 min
