Simplifying complexity in risk-based supervision
At the Central Bank FinTech and RegTech Global Summit 2018 held in Singapore on September 6 and 7, 2018, Geoffroy de Lamalle, CEO of eProseed RTC discussed about the major challenges of risk-based supervision and explained how data architecture and Artificial Intelligence represent the future of regulatory reporting, helping Central Bank and Supervisory Authorities to accelerate and increase the supervisory cycles.
Megamodel: Overlaying Regulations into a 360° View
In an increasingly regulated economy, finding and capitalizing on the common denominator between news laws, directives, standards, or best practices is crucial. Using a megamodel is the best way to build, maintain and evolve an efficient cross-regulation platform, avoid the multiplication of data silos and prevent systemic risks from occurring, according to Fabien Henriet, Global CTO at eProseed RTC.