Regnology Boosts SupTech Solutions with Strategic Acquisition of BR-AG
Regnology, a key player in regulatory reporting solutions, has recently made headlines with its acquisition of BR-AG. This strategic move is set to enhance Regnology’s offerings and strengthen its international footprint within the banking sector.
About Regnology and BR-AG
Founded in 2005, BR-AG specializes in consulting services related to taxonomy and data model development, regulatory reporting, and compliance. Their mission is to improve reporting efficiency, standardize data, and facilitate advanced analytics.
Enhancing Regulatory Supervision
The acquisition is poised to expand Regnology’s Regulatory Supervision Hub (RSH) and bolster its capabilities in the global banking landscape. By integrating BR-AG’s innovative ATOME suite, including the widely adopted ATOME Matter for taxonomy management, Regnology aims to enhance its supervisory capabilities and digital transformation initiatives.
Benefits of the Acquisition
This strategic alignment will yield significant advantages for both regulators and banking institutions, including:
- Advanced tools for Data Point Model (DPM) taxonomy design and sharing.
- Enhanced regulatory data model expertise.
- Modern API-based technology for seamless integration.
These combined capabilities are expected to improve operational efficiency and adaptability in regulatory processes.
Global Reach and Collaboration
BR-AG has established a strong presence, collaborating with nearly 20 regulators and 45 financial institutions. The integration of their services with Regnology’s solutions will extend the collective reach to almost 100 regulatory bodies worldwide.
Insights from Key Executives
Linda Middleditch, Chief Product Officer at Regnology, emphasized the importance of this acquisition: “Beyond enhancing our RegTech expertise, BR-AG’s impressive track record of partnering with regulators will allow us to enrich our RSH capabilities, from semantic data modeling to AI-driven real-time data analysis.”
Karol Minczyński, President of the Management Board at BR-AG, remarked, “The dynamic nature of regulatory technology demands ongoing innovation. Our partnership strengthens our ability to stay ahead of industry trends.”
Michal Piechocki, Chair of the Supervisory Board at BR-AG, added, “By combining BR-AG’s extensive regulatory data models with Regnology’s leading solutions, we are establishing a real-time bridge between regulators and regulated entities, ushering in a new era of efficiency and collaboration.”
For more information on the latest developments in regulatory technology, visit Regnology’s official website and explore their innovative solutions.
