TORONTO, ON, CANADA, September 12, 2023/EINPresswire.com/ - SQL Power, the global leader in Financial Regulation, Digital Transformation, and Advanced Analytics is proud to announce its newly formed partnership with CoreFiling. The partnership between SQL Power and CoreFiling represents a significant milestone in the industry, combining the innovations and expertise of two supervisory powerhouses to address...
Amidst the dynamic landscape of global finance, characterized by innovation and increasing regulations, the demands on regulators and their regulated entities have grown exponentially. The advent of SupTech, which focuses on utilizing technology to enhance financial supervision, has become crucial in this context. Regulators are now incentivized to seek more timely and granular data from...
According to a recent article published by Business Standard, the Reserve Bank (RBI) has called on banking supervisors to familiarize themselves with the latest technological tools in order to enhance their capabilities and effectively address the challenges posed by fast-evolving financial technologies. RBI Deputy Governor Mukesh Jain emphasized the need for supervisors to acquire the...
TORONTO, ON, CANADA, March 14, 2023/EINPresswire.com/ - SQL Power, the global leader in financial regulatory and advanced analytics technology is proud to announce the successful rollout of their supervisory platform, the SQL Power Suite, on February 23, 2023, at the Bank of Namibia (BON). BON selected SQL Power’s highly-configurable platform to automate every aspect of...
TORONTO, Feb 2, 2022 - SQL Power, the global leader in financial regulatory and advanced analytics technology is proud to announce that their supervisory platform, the SQL Power Suite, was selected by the Bank of Namibia (BON) as the technology framework to digitally transform the Bank. The SQL Power Suite is the most robust and...
For many years, financial sector supervisors saw with skepticism the adoption of SupTech—essentially the use of technology-enabled solutions to increase the efficiency and effectiveness of supervisory activities. Many asked “why” they should be investing in these technologies, in a common first reaction to any process that will substantially impact the way things are done.Although some...
TORONTO, Oct. 6, 2020 /CNW/ - SQL Power, the global leader in financial regulatory and advanced analytics technology is proud to announce the implementation of their supervisory platform, the SQL Power Suite, on September 22, 2020 at the Trinidad and Tobago Securities and Exchange Commission (TTSEC). According to the TTSEC, the Electronically Advanced Submission interface or EASi platform...
In the same way technology is changing the financial services industry, technology is also changing how the industry and supervisory authorities implement and enforce regulations.Today, an increasing number of supervisory authorities are turning to technology to support their work, leveraging so-called supervisory technology (suptech) applications to digitize report and regulatory processes. What is Suptech?Suptech refers to...