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-0.00343249427917613 -0.00343249427917613 -0.00686498855835246 -0.00686498855835246 -0.0045766590389015 -0.00234553775743709 -0.00427917620137298 -0.000572082379862586
Stock impact report

Novatus nabs $40M to help financial institutions quell their RegTech nightmares [TechCrunch]

NatWest Group plc American Depositary Shares (NWG) 
Company Research Source: TechCrunch
laid bare, sometimes not even to the people who operate within them. This was a fact known all too well by Andrew Hedley. Working in the area of risk at companies like Vanguard and Prudential in London, his job boiled down to an important role: understanding where data was going, being used where it was supposed to be — which in turn was inherent to being able to assess risk, and critically to reduce it. That was easier said than done. Financial institutions have a lot of plates spinning simultaneously and thus present a data nightmare, so much so that outside troops had to be called in to help figure out better systems. The outside help came from, among others, another risk specialist called Matthew Ransom, who was working at Deloitte. Together, they could see that the problem not endemic to one specific company but industry-wide, and getting worse. They spotted an opportunity: build a better platform to help financial companies manage their data for risk and compliance data, and Show less Read more
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