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Press Release
11:13 PM 4th November 2024 GMT+00:00
RegCentric Receives High Commendation for Regulatory Reporting Solution
Reporting by Editors
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Article Summary
RegCentric's Reg360 platform received a High Commendation in the Best Regulatory Reporting Solution category at the 7th Regulation Asia Awards for Excellence (2024) for its robust, data-driven compliance approach that enhances operational efficiency and data accuracy.
The platform's integration of automated reporting and analytics capabilities allows financial institutions to manage regulatory demands effectively, improving transparency and reducing reporting errors.
This recognition underscores the growing importance of adaptable, data-driven tools in regulatory reporting, setting a new standard for compliance solutions in the financial sector amidst increasing regulatory complexities.
This summary has been produced by RegAI. Contents may not be accurate.
RegCentric’s Reg360 platform received a High Commendation in the Best Regulatory Reporting Solution category at the 7th Regulation Asia Awards for Excellence 2024
The Best Regulatory Reporting Solution category honours solutions that support financial institutions in meeting complex regulatory requirements through advanced technology, data accuracy and operational efficiency. This year, Reg360 stood out for its robust, data-driven approach to compliance, delivering streamlined, scalable solutions that adapt to the dynamic regulatory landscape. By integrating automated reporting and analytics capabilities, Reg360 enables institutions to manage regulatory demands seamlessly, enhancing transparency and reporting precision.
RegCentric’s Reg360 earned high marks from the judging panel for its exceptional user experience, flexible integration options, and ability to drive significant improvements in compliance workflows. Its ability to reduce reporting errors, increase data transparency, and offer customisable solutions for a wide range of regulatory frameworks underscored its impactful approach to advancing industry standards.
“The Reg360 platform demonstrates how regulatory reporting solutions can excel in both in being compliant and adaptability,” remarked the judging panel at the Regulation Asia Awards. “RegCentric’s focus on flexibility, data accuracy, and efficiency provides financial institutions with a transformative solution in the face of growing regulatory complexities.”
Bradley Maclean, Co-founder of Regulation Asia and Chair of the Awards Committee added, “RegCentric’s Reg360 is a prime example of how regulatory reporting can evolve to address the complexities of today’s compliance landscape. By prioritising accuracy, adaptability, and efficiency, Reg360 delivers a crucial tool that sets a new standard for scalability in regulatory reporting.”
As regulatory demands intensify, RegCentric’s high commendation highlights its critical role in empowering institutions with innovative, reliable compliance solutions. This recognition emphasises the increasing importance of adaptable, data-driven tools in regulatory reporting, setting a high benchmark for the future of compliance solutions for the financial sector.
About the Regulation Asia Awards for Excellence 2024
The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.
For a full list of the award 2024 winners, visit www.regulationasia.com/awards.
About Regulation Asia
Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 13,000+ subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.
Visit www.regulationasia.com or connect via LinkedIn or Twitter.
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