Adel Malcolm, Head of Global Analytics at LGIM, said, “We are delighted to be partnering with Axioma as we expand our risk analytics capability so that we are well-positioned for the future.”
Also in August, a Liechtenstein-based bank, Union Bank AG, revealed that it had issued its own internal cryptocurrency backed by fiat.
The regulatory compliance technology finalists were recognized for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the compliance function.
The term regulatory sandbox typically describes a “safe space” in which businesses can test new products, services and business models without immediately being subjected to all regulations and licensing requirements.
Lu Lei, earler, pointed out that the emergence and development of fintech has made our financial industry also a regulatory department, under great pressure, impact and challenge.