Delivering frictionless solutions to the Australian financial services industry
Business and Technology Consultants
At RegCentric, we combine deep subject matter expertise with decades of experience in technology to design and deliver the optimal solutions to your business needs. Whether you are addressing a single regulatory requirement, such as APRA reporting, or you are working towards an enterprise-wide digital transformation, our team of consultants are uniquely positioned to assist you to determine your optimal strategy and deliver on the execution. We understand your business. We understand the Australian regulatory landscape. We live and breathe technology. We deliver results.
Our consultants come from various backgrounds: from APRA, the financial services industry and international software vendors. What has brought us together is our passion to design and implement optimal solutions to improve business processes and deliver insights whilst ensuring regulatory compliance.
The demand for more and more accurate information by Australian regulators is putting pressure on people, processes and (legacy) systems, driving up the cost of compliance. Leveraging Regulatory Technology ("RegTech") solutions can alleviate much of the burden at a lower cost. Our team has over a decade of experience implementing regulatory technology in Australia, Europe and Asia. Get in touch to learn how our team can help you address your regulatory obligations in the most cost-efficient way.
Drive efficiency through automation
Many organisations in the financial services sector still rely on manual or semi-manual processes in finance, risk and compliance. From gathering data residing in multiple systems, over calculations and data enrichment to reporting to the board and to regulators. Not only is this a costly and inefficient use of human capital, it exposes the organisation to unacceptable risks. Today's technology allows for the automation of mundane processes, freeing up the people to focus on investigation by exception and deeper analytics.
Gain insights into your data
Finance, Risk and Compliance departments hold a wealth of data. Yet most of the data remains untapped. Applying advanced analytics, machine learning and AI can provide invaluable insight into your data; providing the opportunity for Risk, Finance and Compliance department to truly add value to the business. Contact us to discover how your organisation can gain better insights through modern technology.
As the Australian banking industry gears towards meeting the next wave of revised and new compliance requirements, we are taking a stock of all the upcoming prudential developments to unfold over the next 3-4 years.
Data Governance Series: CPG 235 Managing Data Risk
CPG 235 Managing Data Risk acts as a guide for Australian banks to adopt a holistic approach towards Data Governance. In this video we cover the 7 key aspects of APRA's Prudential Practice Guide.
Extinction of LIBOR
Is the Australian Financial industry ready for the “big switch”?
In this paper, we dive deeper into the underlying reasons that provoked the need for alternate benchmarks as well as the cause and effects of LIBOR replacement on the Australian Financial Industry and how the replacement can be best carried out with minimal impact on business continuity & sustainability
Managing the wave of change in Regulatory Reporting
As EFS project deadlines are fast approaching (if not upon us already)., there is a natural tendency to focus on the development of the reports and timely lodgement and it is easy to forget the maintenance and upkeep of the systems and processes being introduced by the project...
Finalized Basel III
In this paper, we dive deeper into the recently introduced wave of changes in Phase 3 of the Basel Reform.