FRANKFURT, Germany - Wednesday, 30. November 2022
New cloud-based platform will bring greater efficiency, scalability, and security
(BUSINESS
WIRE) -- Regnology, a software provider with an exclusive focus on
regulatory reporting solutions, today announces its partnership with
Google Cloud to bolster Regnology’s regulatory reporting offering with
fully-fledged cloud deployment and service capabilities.
Dubbed
Rcloud, the platform will leverage Google Cloud’s infrastructure to
enhance Regnology’s regulatory reporting offering across its complete
set of cloud-native solutions and managed services.
This
partnership started two years ago and marks a stepping stone in
Regnology’s ambition to help address the data and infrastructure
challenges facing the regulatory reporting industry, by offering
vertical and horizontal scaling for increased performance and
efficiency.
Going beyond the standard cloud frameworks, the
Regnology offering, underpinned by Google Cloud, will enable improved
deployment and infrastructure-as-code services, run and change
management automation and additional benefits including self-service via
the Regnology Cloud portal, high scalability, and future-proofed
architecture for additional services and products. Sustainability is
built into Google Cloud, which already matches 100% of its electricity
consumption with renewable energy purchases and plans to be carbon free
by 2030.
Rob Mackay, Chief Executive Officer at Regnology, said:
“We
are excited to be partnering with Google Cloud to develop an enhanced
platform to our customers, presenting a seamless delivery of service as
part of a one-stop shop offering. Our mission is to connect regulators
and the industry to drive financial stability, and as such it is
important to us to build the future of regulatory reporting on energy
efficient and scalable architecture.”
Zac Maufe, Managing Director, Financial Services Industry Solutions, Google Cloud
“Financial
institutions are increasingly looking to simplify, scale, and create
efficiencies in their regulatory reporting process. We look forward to
enabling Regnology’s regulatory reporting capabilities with our cloud
capabilities to help them deliver a platform which is future-ready.”
ENDS
About Regnology
Regnology
is a leading technology firm on a mission to bring safety and stability
to the financial markets. With an exclusive focus on regulatory
reporting and more than 7,000 financial institutions, 50 regulators and
tax authorities as clients, we’re uniquely positioned to bring greater
data quality, efficiency and cost savings to all market participants.
With over 800 employees in 12 countries and a unified data ingestion
model powering our work, our clients can quickly implement and derive
value from our solutions and easily keep pace with ongoing regulatory
changes. Regnology was formed in 2021 when BearingPoint RegTech, a
former business unit of BearingPoint Group, joined forces with Vizor
Software, a global leader in regulatory and supervisory technology.
For more information about Regnology, connect with us on LinkedIn and Twitter.
Visit our website: www.regnology.net
View source version on businesswire.com: https://www.businesswire.com/news/home/20221129005740/en/
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Contacts
Regnology
Mireille Adebiyi, Chief Marketing Officer, Regnology
info@regnology.net
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