Regtech Agency b.nice Faucets Level 9 for Enhancing Reporting Capabilities


Regulatory expertise (regtech) agency, b.nice introduced on Tuesday its partnership with Level 9 for extending its commerce and transaction reporting capabilities.

“Our intention is to offer a peace-of-mind commerce and transaction reporting service to all market contributors within the capital markets,” mentioned CEO of Level 9, Andreas Roussos.

“Our partnership with b.nice will mix our proficiency, on this manner, will allow current and potential purchasers to profit from our main services in addition to their regulatory experience.”

The Fueling Demand for Regtech’s Companies

Based mostly in Belgium, b.nice has developed its regtech ecosystem on its b.rx platform. The reporting platform claims to make regulatory reporting much less complicated, extra environment friendly and more cost effective. The corporate affords a  cloud  -based reporting-as-a-service resolution, bringing  automation  and management of the reporting course of to the monetary establishments.

It’s now together with Level 9’s commerce and transaction reporting resolution into the b.rx Market to increase reporting protection.
Klaas Van Imschoot, CEO of b.nice, mentioned: “Our concept of the b.rx Market is to create an in depth RegTech ecosystem from which the reporting platform could be composed based on your wants. Partnering with Level 9 and making their platform out there on the b.rx Market permits us to transcend regulatory reporting and supply monetary establishments a solution to the commerce and transaction reporting challenges.”

The necessity for regtech options has exploded all over the world lately with the heightened want for regulatory reporting. A latest report by IHS Markit revealed that the monetary establishments at the moment are preferring vendor-based regtech options fairly than growing in-house reporting infrastructure.

Additional, the demand for regtech providers has additionally accelerated acquisitions within the business. Final 12 months, IHS Markit (now part of S&P International) acquired Capitech for an undisclosed sum, whereas Fenergo acquired Sentinels.

Regulatory expertise (regtech) agency, b.nice introduced on Tuesday its partnership with Level 9 for extending its commerce and transaction reporting capabilities.

“Our intention is to offer a peace-of-mind commerce and transaction reporting service to all market contributors within the capital markets,” mentioned CEO of Level 9, Andreas Roussos.

“Our partnership with b.nice will mix our proficiency, on this manner, will allow current and potential purchasers to profit from our main services in addition to their regulatory experience.”

The Fueling Demand for Regtech’s Companies

Based mostly in Belgium, b.nice has developed its regtech ecosystem on its b.rx platform. The reporting platform claims to make regulatory reporting much less complicated, extra environment friendly and more cost effective. The corporate affords a  cloud  -based reporting-as-a-service resolution, bringing  automation  and management of the reporting course of to the monetary establishments.

It’s now together with Level 9’s commerce and transaction reporting resolution into the b.rx Market to increase reporting protection.
Klaas Van Imschoot, CEO of b.nice, mentioned: “Our concept of the b.rx Market is to create an in depth RegTech ecosystem from which the reporting platform could be composed based on your wants. Partnering with Level 9 and making their platform out there on the b.rx Market permits us to transcend regulatory reporting and supply monetary establishments a solution to the commerce and transaction reporting challenges.”

The necessity for regtech options has exploded all over the world lately with the heightened want for regulatory reporting. A latest report by IHS Markit revealed that the monetary establishments at the moment are preferring vendor-based regtech options fairly than growing in-house reporting infrastructure.

Additional, the demand for regtech providers has additionally accelerated acquisitions within the business. Final 12 months, IHS Markit (now part of S&P International) acquired Capitech for an undisclosed sum, whereas Fenergo acquired Sentinels.



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