Finesse, a leading technology solutions provider in the GCC and Fintellix, an India-based leader for compliance, will jointly showcase Fintellix’s next generation regulatory compliance solutions at a leading event in Abu Dhabi, UAE.

Abtec, a leading event that will convene the entire financial technology community from across the Middle East and North Africa (Mena) region, will take place on June 9 and 10 at the Abu Dhabi National Exhibition Centre.

Featuring industry-leading conferences and a tightly focused trade exhibition, Abtec is a definitive platform where top decision-makers will share insights with technology providers and collaborate to rethink financial services.

The event will continue to share new idea and game-changing solutions to serve a $13 billion per annum regional financial technology market.

With more delegates, more exhibitors, an expanded conference programme and backed by the Government of Abu Dhabi, Abtec 2015 is a must-attend for Mena’s financial industry leaders.
 
Finesse and Fintellix will demonstrate how banks in the GCC can leverage the power of a unified, next generation data platform for ‘future-proofing’ local and global regulatory compliance.

The Fintellix Regulatory Compliance Suite is powered by Fintellix’s next generation data platform that is a singular, integrated and scalable banking data management infrastructure which plugs into the bank's internal and external data sources via pre-built ‘adapters’ and provisions raw banking data for a variety of downstream uses such as regulatory reporting, risk management and business analytics.
 
With 40 per cent of India’s top 20 private and foreign banks now using Fintellix for regulatory compliance initiatives, Fintellix is the only banking regulations specialist providing solutions for all regulatory requirements on a single platform and CDR.

Fintellix will provide banks with the assurance of reliable and comprehensive compliance with current and future regulator demands.

With its investments in a Centralised Data Repository (CDR) and a metadata-based platform, Fintellix has been able to deliver the compelling benefits of reuse for meeting newer compliance requirements, such as non-performing assets, liquidity credit ratio (LCR) and Fatca, without further investments, by leveraging the same CDR.

Fintellix will also provide a cloud option for banks as a SaaS-based utility model for advanced banking compliance, risk and analytics.

Fintellix on Cloud is a secure and comprehensive option for scalability, responsiveness and cost-efficiencies. Its compliance solutions are available for on-premise implementations as well as provisioning from a regional cloud Infrastructure. - TradeArabia News Service