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EY has announced a new partnership with Regnology, a leader in regulatory reporting, to give clients access to regulatory and supervisory technologies and solutions that ensure streamlined compliance and drive large-scale transformations.
With regulators and tax authorities asking for increasingly granular real-time data and continuous compliance, the EY–Regnology partnership helps provide clients with new modules covering the full span of regulatory reporting and supervision processes in detail.
It will also provide innovative cloud-native and artificial intelligence-supported offerings that address the specific regulatory requirements of different jurisdictions and adapt to future regulatory changes.
Through the partnership, EY ifb will leverage Regnology’s experience, serving both regulators and the regulated entities with leading-edge technology facilitating seamless communication and collaboration. This will help grow customer groups and develop integrated service offerings addressing banking and tax reporting requirements from the perspective of both supervised and supervising bodies.
Sven Ludwig, EY–Regnology alliance leader at EY, said: “Given EY ifb’s longstanding relationship with Regnology of more than two decades, the alliance with Regnology further expands our footprint in regulatory markets and highlights our global service capabilities. More specifically, the EY–Regnology Alliance provides clients with insights on both regulatory and supervisory technologies for compliance and transformations.”
Maciej Piechocki, chief revenue officer at Regnology, added: “We are excited to collaborate with EY ifb to help deliver next-generation regulatory reporting solutions. Leveraging EY ifb’s extensive global network and Regnology’s regulatory expertise and specialised technological infrastructure, the Alliance will help enable us to provide our clients with the tools they need to navigate the complexities of financial regulation with confidence and agility, while providing a seamless global implementation.”
