Regnology’s Rcloud solution optimizes regulatory reporting, data management, and infrastructure functions for the financial industry.

FRANKFURT, GERMANY, April 09, 2024 – Regnology, a software provider with a focus on regulatory reporting solutions, announced today that it has been awarded 2024 Google Cloud Industry Solution Partner of the Year in the Financial Services & Insurance category. The Partner of the Year award recognizes how Rcloud combines Regnology’s deep regulatory reporting expertise with Google Cloud’s hyperscale cloud technology through a purpose-built solution enabling finance services institutions (FSIs) to modernize their regulatory reporting infrastructures. 

With the exponential breadth and depth of regulatory reporting data, the move to real-time compliance, and the ever-evolving requirements, FSIs have an impetus to find new ways to increase efficiency, optimize resources, and adapt as their business priorities grow and change.

Regnology's Rcloud platform, launched in partnership with Google Cloud in 2022, was designed to cater to these specific challenges, providing FSIs with augmented regulatory reporting solutions, allowing them to improve responsiveness to rapid-changing requirements through elastic scalability and reliable infrastructure and rely on always up-to-date reporting systems. 

Regnology’s CIO, Antoine Moreau, shared his thoughts on this award win saying:

“We are thrilled about the recognition as Google Cloud Industry Solution Partner of the Year in Financial Services and Insurance. Within the past six months, over 200 banks from 20 countries have been onboarded on Rcloud to fully leverage our suite of specialized regulatory reporting solutions, while relying on an efficiency-driven, sustainable, and scalable infrastructure. Our ongoing partnership with Google Cloud also underscores our commitment to innovation providing FSIs with a forward-looking foundation to embrace automation and unlock the transformative power of AI, as demonstrated by our most recent introduction, Regnology Chatbot, which elevates our customer support with rapid-fire response to regulatory inquiries.”