The re-launched solution specifically helps Cypriot firms meet CySEC’s MiFID II requirements.
As the regulatory landscape grows more complex, we’re seeing an explosion of Fintech providers stepping in to develop new solutions or upgrade their exciting offering. The latest one to do so is Leverate, a technology firm specializing in brokerage solutions, which on Monday announced new updates for its Cyprus-based Regtech solution Regyoul8.
The recent upgrade is designed to help firms comply with the vast scale of MiFID II reforms, which came into effect in January 2018. Leverate said the re-launched solution specifically helps Cypriot firms meet CySEC’s stringent regulatory requirements. The country’s venues and brokers are already gearing up for a seismic shift that has been a long time coming.
The Cypriot watchdog has previously announced that adoption of MiFID II requirements by the companies it regulates will be a key priority in 2018. It also carried out thematic reviews on the product governance requirements under MiFID II to improve the industry’s integrity, and further protect investors.
Regyoul8 is a RegTech solution that helps address a number of different regulatory challenges amidst increasing demand for automated workflows. The solution is geared towards several players including Forex brokers and other trading venues. Moreover, the solution helps shore up pre- and post-trade obligations across the entire trade lifecycle.
Combining MiFIR, MiFID II, EMIR, and AML measures
Leverate has also equipped Regyoul8 with three native solutions, including Gap Analysis, Report Generation and Automated Reporting, which collectively provide several compliance features in line with MiFID II regulatory requirements.
As such, the company’s compliance portfolio will help financial operators manage requirements as well as address regulatory matters that affect a range of functions including trading, transaction reporting, and client services.
“In addition to the increased reporting obligations and best Execution demands that MiFID II brought with it, AML measures have been enhanced too. The regulatory landscape has become a minefield for non-compliant brokers, as sanctions include public statements of infringement, cease orders, and fines of millions of euros,” the company said.
Leverate added that Regyoul8 would allow many brokers that do not have in-house knowledge or resource to combine reporting requirements for MiFIR, MiFID II and EMIR, AML measures and KYC procedures.
Commenting on the news, Haim Machluf, Sales and Business Development Manager at Leverate said: “Regyoul8 has the distinction of being a compliance solution, a management tool, and a marketing booster at the same time. It proves your professional standards to your internal leadership, attracts new clients, and retains your existing customers with transparency and superior results.”
Leverate’s CEO Yasha Polyakov, concluded: “The regulatory environment keeps evolving on an ever-changing dynamic pace, and at Leverate we are always on the front line, adopting, adapting and improving our in-house developed systems to meet the requirements of our clients, and even more – to give them a distinctive competitive advantage in their respective markets”.
As the regulatory landscape grows more complex, we’re seeing an explosion of Fintech providers stepping in to develop new solutions or upgrade their exciting offering. The latest one to do so is Leverate, a technology firm specializing in brokerage solutions, which on Monday announced new updates for its Cyprus-based Regtech solution Regyoul8.
The recent upgrade is designed to help firms comply with the vast scale of MiFID II reforms, which came into effect in January 2018. Leverate said the re-launched solution specifically helps Cypriot firms meet CySEC’s stringent regulatory requirements. The country’s venues and brokers are already gearing up for a seismic shift that has been a long time coming.
The Cypriot watchdog has previously announced that adoption of MiFID II requirements by the companies it regulates will be a key priority in 2018. It also carried out thematic reviews on the product governance requirements under MiFID II to improve the industry’s integrity, and further protect investors.
Regyoul8 is a RegTech solution that helps address a number of different regulatory challenges amidst increasing demand for automated workflows. The solution is geared towards several players including Forex brokers and other trading venues. Moreover, the solution helps shore up pre- and post-trade obligations across the entire trade lifecycle.
Combining MiFIR, MiFID II, EMIR, and AML measures
Leverate has also equipped Regyoul8 with three native solutions, including Gap Analysis, Report Generation and Automated Reporting, which collectively provide several compliance features in line with MiFID II regulatory requirements.
As such, the company’s compliance portfolio will help financial operators manage requirements as well as address regulatory matters that affect a range of functions including trading, transaction reporting, and client services.
“In addition to the increased reporting obligations and best Execution demands that MiFID II brought with it, AML measures have been enhanced too. The regulatory landscape has become a minefield for non-compliant brokers, as sanctions include public statements of infringement, cease orders, and fines of millions of euros,” the company said.
Leverate added that Regyoul8 would allow many brokers that do not have in-house knowledge or resource to combine reporting requirements for MiFIR, MiFID II and EMIR, AML measures and KYC procedures.
Commenting on the news, Haim Machluf, Sales and Business Development Manager at Leverate said: “Regyoul8 has the distinction of being a compliance solution, a management tool, and a marketing booster at the same time. It proves your professional standards to your internal leadership, attracts new clients, and retains your existing customers with transparency and superior results.”
Leverate’s CEO Yasha Polyakov, concluded: “The regulatory environment keeps evolving on an ever-changing dynamic pace, and at Leverate we are always on the front line, adopting, adapting and improving our in-house developed systems to meet the requirements of our clients, and even more – to give them a distinctive competitive advantage in their respective markets”.
Institutional FX Demand Continues to Climb in April
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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