Global RegTech Consolidator Corlytics Acquires a Deloitte UK RegTech Platform [Yahoo! Finance]
The Bank of New York Mellon Corporation (BK)
Last the bank of new york mellon corporation earnings: 4/16 06:30 am
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Source: Yahoo! Finance
The marriage of the two platforms is transformational, completing the cycle of regulatory assessment and implementation. The announcement closely follows Verdane's majority stake investment last month to cement Corlytics' global category leadership. Plugged directly into international regulators, Corlytics is the only solution that enables clients to align with, and stay ahead of, regulatory demands, which increasingly require growing levels of proof of compliance. Syncing up regulatory monitoring and policy management with controls, the addition of this Deloitte UK RegTech platform supports accurate implementation of regulatory change across the lifecycle. This platform and its unique capabilities add considerable breadth and domain expertise to further Corlytics' capabilities from interpreting regulatory change, to mapping policies and now to controls – empowering users to find, interpret, understand and accurately implement regulatory change. Corlytics CEO John Byrne said: "T
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