New regulations want to make sure banks improve risk controls, maintain sufficient capital and create a more transparent financial sector. But banks are struggling to implement these changes without a suitably dedicated technology. The current implementation process is simply against the "Spirit of Regulation."
COMPLEX. Devoting time to understand and apply regulations is difficult. Markets, transactions and clients are all being put on hold while information and decisions are being processed.
COSTLY. Current regulatory solutions are expensive to build, buy, integrate & maintain. Moreover, every bank has to implement the same procedures and face the same challenges.
INFLEXIBLE. Legacy Front-to-Back Office waterfall IT systems are not equipped to handle multi-directional information flows and dynamically changing requirements.
Research conducted by the Fed concluded that 75% of banks could become unprofitable due to regulatory implementation costs. We believe there must be a better way …
We are passionate about regulation and want to unlock its full potential. As we have designed our technology specifically around regulatory concerns, banks can finally achieve continuous compliance, manage their costs and easily conduct analysis.
The 2016 FinTech50 list was announced to a global audience at the Money 20/20 conference on April 4th, 2016 with Suade selected for its leadership in the field of Regulatory Technology (RegTech).
The list is “selected each year by an invited panel of experts of the 50 hottest European businesses who are transforming financial services.” Suade CEO, Diana Paredes, was featured on the cover, standing in front of Downing Street.
“City regulatory experts believe Suade’s regulatory platform could revolutionise the entire process chain regulation from publication to implementation …allowing banks to achieve continuous compliance.”
- Web -
- Company Number
- Private Limited Company
- Company Age
- 5 years
- August 31, 2014
- Nature of Business
- 62012 - Business and domestic software development
- Year End
- August 31
- Accounts Due
- May 31, 2020
- Latest Accounts
- August 31, 2018
The difficulty lies not so much in developing new ideas as in escaping from old ones. - John Maynard Keynes. Book a Demo. At Suade, we take your privacy and ...
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CEO & Co-founder at Suade Labs - We are hiring!!! Suade Labs ... Sibos & Suade on Innovation & Regtech! By Diana ... CEO & Co-Founder of Crowdstacker Ltd.