Regnology hops on Google Cloud to boost regulatory reporting offering

By Gloria Methri

Regnology has partnered with Google Cloud to bolster its regulatory reporting offering with fully-fledged cloud deployment and service capabilities.

Dubbed Rcloud, the platform will leverage Google Cloud’s infrastructure to enhance Regnology’s offering across its cloud-native solutions and managed services.

The partnership, which started two years ago, marks a steppingstone in Regnology’s ambition to help address the data and infrastructure challenges facing the regulatory reporting industry.

Going beyond the standard cloud frameworks, the Regnology offering, underpinned by Google Cloud, will enable deployment and infrastructure-as-code services, run, and change management automation. Additional benefits including self-service via the Regnology Cloud portal, high scalability, and future-proofed architecture will also be available.

Sustainability is built into Google Cloud, which already “matches 100% of its electricity consumption with renewable energy purchases” and plans to be carbon-free by 2030.

Rob Mackay, Chief Executive Officer at Regnology, said, “We are excited to be partnering with Google Cloud to develop an enhanced platform for our customers, presenting a seamless delivery of service as part of a one-stop-shop offering. Our mission is to connect regulators and the industry to drive financial stability, and as such, it is important to us to build the future of regulatory reporting on energy efficient and scalable architecture.”

Zac Maufe, Managing Director, Financial Services Industry Solutions, Google Cloud, said, “Financial institutions are increasingly looking to simplify, scale, and create efficiencies in their regulatory reporting process. We look forward to enabling Regnology’s regulatory reporting capabilities with our cloud capabilities to help them deliver a platform that is future-ready.”