BearingPoint RegTech recognized in the category “Best Regulator Project of the Year” for its Abacus Regulator solution
Frankfurt, May 20, 2021 – BearingPoint RegTech, a leading international provider of innovative regulatory, risk, and supervisory technology solutions (RegTech, RiskTech, and SupTech), has been announced as the winner of the RegTech Insight Awards Europe 2021 in the category “Best Regulator Project of the Year” with its Abacus Regulator solution. With these prestigious awards, A-Team Group highlights solutions that have successfully improved firms’ ability to effectively respond to the evolving and increasingly complex regulatory requirements across the global financial services industry.
The award winners were chosen by the industry. The A-Team awards editorial team and an advisory board consisting of industry representatives first reviewed and evaluated all the awards submissions and published a list of nominees. The industry was then invited to upvote the shortlisted companies.
Many congratulations to BearingPoint RegTech for winning Best Regulator Project of the Year in our prestigious RegTech Insight Awards 2021. It’s a real vote of confidence from across our readership of 30,000 senior technology officers and data specialists, who selected BearingPoint RegTech as the clear winner in a very competitive field.
Angela Wilbraham, CEO of A-Team Group hosting the RegTech Insight Awards
We are delighted to have been awarded by the A-Team Group for our Abacus Regulator solution. This recognition makes us particularly proud because it was the industry that decided on the winners by upvoting the shortlisted companies. We very much appreciate the good relationships we have with our international Abacus Regulator customers and are grateful for their trust and support. We will continue to help central banks and supervisory authorities manage the increasing amount of data and workflows efficiently with our state-of-the-art SupTech platform and to foster innovation in the area of financial supervision.
Dr. Maciej Piechocki, Member of the Management Board, BearingPoint RegTech
Abacus Regulator is a modern and flexible SupTech platform for data collection, data management, and supervisory workflows for central banks and supervisory authorities. It provides essential functionalities for collecting, validating, analyzing, and disseminating prudential and statistical reports for both national and supranational requirements. The latest software generation (launched in 2020) has been designed with modern concepts such as distributed computing and big data in mind. Its cloud-native architecture excels in parallelized processing of demanding production workloads and handling of large volumes of (granular) data. A key feature of Abacus Regulator is its modular and extensible system architecture that, together with the integrated Content Development Kit, facilitates rapid and agile rollout of new reporting requirements and client-specific functionalities in a self-service fashion.
Press contact BearingPoint RegTech
Head of RegTech Marketing & Communications