Tag: Aveni

Over the course of the last decade, RegTech has gone from a complete unknown to a key part of a company’s regulatory and compliance toolkit. As we look towards the future, what technologies in this space will stand out?

In its most recent Consumer Duty Solutions Series Webinar, RegTech firm Aveni examined what a data-driven regulator expects from a company in light of consumer duty.

 As the firms assess the FCA’s final guidance on Consumer Duty, Aveni has warned some consider the regulation as the Treating Customers Fairly (TCF) mandate in disguise. Aveni has outlined four areas where Consumer Duty and TCF differ.

Founded in 2018, RegTech firm Aveni claims it is leading a new era of risk assurance by enabling 100% digitisation and automation of the quality assurance process. The firm analyses every customer interaction to drive enhanced data insights, comprehensive risk oversight and process automation.

The final guidance of Consumer Duty comes with big requirements for evidence, says RegTech firm Aveni. What technology do firms need to comply with the regulation?

With the UK’s FCA having released its final guidance on Consumer Duty proposals, firms have been given new requirements they must meet.  

It is no secret the financial market is going through a tough period. Global inflation is continuing to rise, but what does this really mean for businesses?  

UK RegTech firm Aveni.ai has promised to help financial services companies meet new consumer duty regulation with the development of its Aveni Detect product.

The FCA recently released its final guidance on Consumer Duty proposals, which enforces controls on firms to ensure they provide good outcomes for customers. Aveni recently outlined the five crucial areas firms need to improve to be Consumer Duty compliant.

Tech Nation has named the 31 UK-based FinTech startups it has welcomed into it latest accelerator programme.