Sales League Table 2020 | Banking Technology Winners

Results Announced!

Stay up-to-date with the latest industry news and analysis.

Subscribe to BankTech Daily News today. Limited time offer.

The Black Swan Opportunity | Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

Core Banking Market Dynamics Report 2020

Global analysis of core banking system sales. Subscribe now

RIMES rolls out BMR Dashboard for asset managers

London-based data management and RegTech solutions provider, RIMES has announced the launch of the RIMES RegFocusSM BMR Dashboard, a solution to support asset managers in understanding their exposure under the EU Benchmarks Regulation (BMR). The company states that the new BMR Dashboard will be accessible through the online platform and aims to utilise relationships with the European Securities and Markets Authority (ESMA), national regulators and benchmark administrators to track the index landscape and generate reports for firms’ compliance needs.

Diarmuid O’Donovan, COO, RIMES, commented, “Despite the EU Benchmark Regulation (BMR) coming into effect from January 1st 2018, it is still a significant compliance headache for firms to identify which benchmarks have and haven’t been authorised for use in the EU. Our BMR Dashboard further enhances our suite of RegFocus BMR services, by making compliance accessible for asset management firms who are struggling with the in-house cost and resource required to manage compliance with the BMR effectively. RIMES does all the heavy lifting for clients so they can understand their true exposure under the regulation and act accordingly.”

According to RIMES, the asset management firms will use the BMR Dashboard to size up their BMR exposure with graphs, understand the status of actual benchmarks and individual index return variants and view administrators’ Benchmark Statements as well as related documentation. The company caters to different business models and offers a suite of BMR compliance services including RegFocus BMR Control, RegFocus BMR Control and RegFocus BMR Dashboard.

Recently, RIMES, along with SOTERIA, a real-time communication compliance and surveillance solutions provider, announced the completion of their initial product integration phase.

Related IBS Intelligence Research

Related Posts emerges from stealth mode & launches technology-powered Metal Card, a Philadelphia-based FinTech company, has announced its emergence from stealth mode to debut technology-powered Metal Card, a consumer spending product that leverages proprietary technology to give users controls, convenience, and automatic credit score optimization. With Guaranty, customers do not have to pay fees or interest. They will also receive a premium brand experience […]

This post is only available to members.

Read More »

Cloud9 Technologies teams up with comitFS to boost real-time voice trading APIs

Cloud-based communications provider Cloud9 Technologies has teamed up with comitFS, a UK-based provider of voice middleware and API abstraction capabilities for financial services companies. The collaboration will facilitate the development of real-time call control capabilities for voice trading within the institutional marketplace. “As trading dynamics shift to a more digitally-driven environment, firms want the peace […]

This post is only available to members.

Read More »

Quantum Group acquires mobile cashback app Tail

London-based FinTech incubator Quantum Group today announced the acquisition of mobile cashback app Tail. The acquisition is expected to enable Quantum Group to increase the number of banking partners integrated with Tail and to onboard different retailers from around the UK. Tail’s platform enables retailers to create hyperlocal marketing campaigns, thus allowing them to increase […]

This post is only available to members.

Read More »