IPC Expands Range Of Compliance Solutions For Financial Firms
- IPC has boosted its compliance offering to help firms face the challenges of increasingly stringent regulatory requirements.
Global financial markets technology and service provider IPC Systems today unveiled an expanded portfolio of comprehensive Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term solutions which fall under its Risk and Compliance Services division.
The announcement reaffirms the company's ongoing strategic focus as a risk and compliance unified communications service provider for financial institutions and highlights its focus on the increasingly stringent and complex global financial markets compliance requirements.
Earlier this month, IPC launched FX Hub, a solution offering enhanced trade lifecycle capabilities and services, which was reported by Finance Magnates. Today's announcement further increases the firm's solutions for the financial sector.
IPC’s expanded compliance product portfolio features integrated, intelligent technologies that provide companies with the ability to meet many communications-related compliance requirements and store the data required to be captured, stored and retrieved, including call recording, communications surveillance and compliance assurance services.
Neil Barua, CEO of IPC, said: “IPC’s deep expertise and global presence uniquely position us to guide our customers through the dynamic regulatory landscape which has never been more important, particularly in the wake of proposed and expected MiFID II, Dodd Frank and Market Abuse Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term requirements. Our specialized, innovative solutions not only allow customers to mitigate compliance risks, but also enhance their trading operations.”
Compliance Challenges
One of the main challenges faced by financial market firms with regard to complying with increased regulations is the effective management of vast amounts of data relating to interactions among clients, counter-parties and internal teams across many platforms.
Firms are required to store, analyse and index all aspects of a transaction for immediate retrieval and analysis in response to regulators’ inquiries and need to be able to show that they can actively monitor their systems in real-time to ensure that interactions comply with applicable laws.
To ensure customers receive the right solution for their needs, IPC offers a consultative approach supported by a robust compliance product portfolio. IPC integrates compliance, risk and governance, managing vital data at every stage of the process, ensuring that data is captured, records are properly managed and accurately delivered to risk and compliance officers when needed.
The expanded IPC Risk and Compliance Services division is headed by Lionel Grosclaude, IPC senior vice president, and managing director of EMEA, and is comprised of specialists from the compliance spectrum who work with external regulators and senior-level financial and technology executives to understand the changes in the global regulatory environment.
Global financial markets technology and service provider IPC Systems today unveiled an expanded portfolio of comprehensive Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term solutions which fall under its Risk and Compliance Services division.
The announcement reaffirms the company's ongoing strategic focus as a risk and compliance unified communications service provider for financial institutions and highlights its focus on the increasingly stringent and complex global financial markets compliance requirements.
Earlier this month, IPC launched FX Hub, a solution offering enhanced trade lifecycle capabilities and services, which was reported by Finance Magnates. Today's announcement further increases the firm's solutions for the financial sector.
IPC’s expanded compliance product portfolio features integrated, intelligent technologies that provide companies with the ability to meet many communications-related compliance requirements and store the data required to be captured, stored and retrieved, including call recording, communications surveillance and compliance assurance services.
Neil Barua, CEO of IPC, said: “IPC’s deep expertise and global presence uniquely position us to guide our customers through the dynamic regulatory landscape which has never been more important, particularly in the wake of proposed and expected MiFID II, Dodd Frank and Market Abuse Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term requirements. Our specialized, innovative solutions not only allow customers to mitigate compliance risks, but also enhance their trading operations.”
Compliance Challenges
One of the main challenges faced by financial market firms with regard to complying with increased regulations is the effective management of vast amounts of data relating to interactions among clients, counter-parties and internal teams across many platforms.
Firms are required to store, analyse and index all aspects of a transaction for immediate retrieval and analysis in response to regulators’ inquiries and need to be able to show that they can actively monitor their systems in real-time to ensure that interactions comply with applicable laws.
To ensure customers receive the right solution for their needs, IPC offers a consultative approach supported by a robust compliance product portfolio. IPC integrates compliance, risk and governance, managing vital data at every stage of the process, ensuring that data is captured, records are properly managed and accurately delivered to risk and compliance officers when needed.
The expanded IPC Risk and Compliance Services division is headed by Lionel Grosclaude, IPC senior vice president, and managing director of EMEA, and is comprised of specialists from the compliance spectrum who work with external regulators and senior-level financial and technology executives to understand the changes in the global regulatory environment.