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SEALSQ Strengthens Strategic Position in RegTech; Following the Recent 28.3% Equity Stake Acquisition, Wecan's Founder Vincent Pignon Resumes CEO Role
Globenewswire· 2025-10-29 12:45
Geneva, Switzerland, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Geneva, Switzerland, Oct. 29, 2025 (GLOBE NEWSWIRE) --SEALSQ Corp (Nasdaq: LAES), ("SEALSQ" or "Company"), a global leader in cybersecurity, semiconductor technology and post-quantum security solutions, today announce that, following the June 2025 strategic acquisition of a 28.3% equity stake in Wecan, the Swiss pioneer in digital compliance platforms for regulated institutions, Wecan’s founder, Vincent Pignon, has resumed his role as Chief Executive Of ...
FactSet Unveils 2025 APAC Buy-Side Forum: Shaping the Future of Finance in Hong Kong, Tokyo, Sydney, and Singapore
Globenewswire· 2025-10-15 09:00
Core Insights - FactSet is launching its 2025 Buy-Side Forum series across four cities in the Asia-Pacific region to address the impact of AI-driven strategies and advanced data solutions on financial professionals amid market volatility and regulatory changes [1][2] Group 1: Event Details - The Buy-Side Forum will take place in Hong Kong on Nov. 4, followed by events in Tokyo (Nov. 6), Sydney (Nov. 11), and Singapore (Nov. 13) [1] - The forum aims to showcase how FactSet is driving innovation and helping clients succeed in the dynamic APAC financial markets [2] Group 2: Industry Challenges and Solutions - The forum will feature sessions on how front and middle office clients are utilizing FactSet's solutions to tackle pressing challenges in the financial sector [2][3] - Key topics include the use of predictive analytics for risk management, AI-driven reporting for compliance, and advancements in algorithmic trading and execution [5] Group 3: Technological Innovations - Asset managers are leveraging AI for real-time credit risk tracking and compliance as regulations tighten in markets like Singapore [5] - The transformation of market data infrastructure through cloud adoption and integration of alternative data is crucial for capturing opportunities in rapidly changing APAC markets [5] Group 4: Company Overview - FactSet provides enterprise data and information solutions, integrating proprietary financial data and advanced technology to enhance decision-making across various sectors [4][6] - The company serves approximately 9,000 global clients and has a presence in 20 countries, emphasizing innovation and long-term client success [4][6]
Digital Duct Tape Bleeding Billions From Corporate America
Forbes· 2025-09-22 11:54
Core Insights - Digital initiatives in corporate America are failing to meet expectations, leading to significant productivity losses estimated at 21% due to disconnected systems and excessive manual intervention [2][4][26] - Companies are struggling with complex financial infrastructures, often managing multiple applications and logins, which complicates financial oversight and increases operational inefficiencies [3][5][30] - The fragmentation of data assets is resulting in a massive loss of potential value, as companies are not compensated for the data they provide to AI systems, leading to a significant wealth transfer to AI companies [10][12][13] Group 1: Digital Friction and Productivity Loss - Fortune 500 companies operate on an average of 254 applications, with employees managing 47 passwords, contributing to a 21% productivity drain [2][3] - Financial teams at large corporations face challenges in data reconciliation, spending excessive time on manual processes rather than strategic cash flow management [5][30] - The complexity of cross-border payments results in companies incurring 3% to 5% in transaction fees due to multiple intermediaries, highlighting the inefficiencies in current systems [6] Group 2: Financial Infrastructure Challenges - A treasury executive reported managing $2 billion across 27 financial relationships monthly, with significant time lost in reconciling data formats [5] - McKinsey research indicates that two-thirds of large tech programs exceed budgets and timelines, often by 50% or more, underscoring the challenges in financial infrastructure [5] - Companies are exploring next-generation financial solutions to unify management across traditional and digital assets, but regulatory uncertainties hinder widespread adoption [9][10] Group 3: Data Asset Management - Major publishers are losing out on the value generated from their content, which is used to train AI models worth billions without receiving compensation [10][12] - Startups are emerging with blockchain-based solutions aimed at providing transparency and compensation for data contributions, but established AI companies resist these changes [13] - The current landscape reflects a significant wealth transfer occurring in real-time, as companies fail to monetize their data effectively [10][12] Group 4: Identity Management Issues - IT departments spend 30% of their time on password resets, indicating a significant inefficiency in identity management systems [14] - Employees often have fragmented digital identities across various platforms, complicating integration and data management [15][16] - Major identity providers benefit from maintaining silos, which creates challenges for companies trying to streamline their identity management processes [15] Group 5: Access Complexity - Routine business operations, such as currency conversion, are hindered by complex interfaces, leading to significant time losses [19][20] - Traditional financial service providers have little incentive to simplify processes, as complexity supports their pricing models [20] - Emerging platforms are attempting to simplify access to digital assets, but compliance and auditability remain critical factors for enterprise adoption [21][22] Group 6: Regulatory and Competitive Landscape - Upcoming regulatory deadlines, such as EU DORA compliance in January 2025, are reshaping competitive advantages in the industry [28] - Companies that view compliance as a burden may miss opportunities for efficiency improvements [28] - The smart money is moving towards simplifying operations, as evidenced by companies like American Airlines and Reddit optimizing their processes and monetizing data effectively [24][25]
X @CoinDesk
CoinDesk· 2025-09-02 20:42
Industry Events & Discussions - Roundtable discussion on data privacy, RegTech, and SupTech to be held next week [1] - Chris Brummer, CEO of @blupryntco, and Ben Sherwin, General Counsel at @chainlinklabs, will participate in the discussion [1] Key Discussion Topics - Data privacy will be a central theme of the roundtable [1] - RegTech (Regulatory Technology) will be discussed [1] - SupTech (Supervisory Technology) will be discussed [1]
Winnow Team Named "Tech Team of the Year" at Banking Tech Awards USA 2025
Prnewswire· 2025-06-03 12:43
Core Insights - Winnow Solutions, LLC has won the "Tech Team of the Year" award at the 2025 Banking Tech Awards USA and received a "Highly Commended" recognition in the "Best as-a-Service Solution - Regulation & Compliance" category [1][2][3] Group 1: Awards and Recognition - This is Winnow's first win and fourth consecutive year of recognition at the Banking Tech Awards [3] - Other finalists in the "Tech Team of the Year" category included major firms such as Bank of America, Morgan Stanley, and Total Expert [3] - Winnow was nominated for a total of five awards across various categories, showcasing its diverse capabilities in the fintech space [3] Group 2: Company Overview - Winnow Solutions, LLC develops a RegTech platform that offers compliance solutions across multiple sectors, including mortgage, auto financing, credit cards, and cybersecurity [4] - The platform catalogs over 80,000 individual state and federal law requirements, maintained by a team of experienced attorneys and professionals [4] - The recent addition of Winnow AI enhances the platform by providing quick answers to basic legal questions, leveraging existing attorney-reviewed content [4] Group 3: Previous Achievements - In 2024, Winnow was awarded "Best RegTech Solution" at the Finovate Awards and recognized in the "Regulatory, Governance, and Compliance Technology" category at the Legalweek Leaders in Tech Law Awards [5] - The company was also named to the HousingWire Tech100 Mortgage list, further establishing its reputation in the industry [5]