Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, December 01 2021 - 08:41
AsiaNet
TD Securities Continues to Successfully Implement Suade Labs' Solutions for Regulatory Reporting
LONDON, Dec. 1, 2021 /PRNewswire-AsiaNet/ --

Award-winning RegTech firm Suade Labs, specialising in automating regulatory 
compliance for financial institutions through modern technology, has added TD 
Securities to its client portfolio

TD Securities partnered with Suade [ 
https://suade.org/?mtm_campaign=TD%20Securities%20press%20release ] to 
implement regulatory reporting solutions for its Dublin entity. In addition, 
they have completed the MAS 610 and 1003 reporting requirements for their 
Singapore entity. They continue to expand on regulatory reporting and risk use 
cases with Suade across their global footprint including SA-CCR.

TD Securities is a Canadian investment bank and financial services provider 
that offers advisory and capital market services to corporate, government, and 
institutional clients worldwide. The firm provides services in corporate and 
investment banking, capital markets, and global transaction services. It is the 
wholesale bank of TD Bank Group. 

As a Suade client, TD Securities has realised the benefits of embracing 
emerging technologies such as natural language processing (NLP), machine 
learning (ML), and artificial intelligence (AI) through which Suade's solutions 
are built.

With multiple entities across various jurisdictions, TD Securities was looking 
to reduce complexities in reporting and ensure consistency of reporting between 
entities in an efficient way. The Suade solution allows TD Securities to do 
this and deal with vastly different requirements whilst providing 
interoperability with incumbent systems. 

"Implementing the Suade solution was a seamless process," commented Robert 
Hooper, Managing Director, Technology, TD Securities. "Suade enables us to 
fully decouple traditional vendor proprietary data formatting, provides fully 
transparent end-to-end data lineage and allows us to meet new regulatory 
obligations quickly and cost-effectively. Their innovative 
'Regulation-as-a-Service' offering was a major factor in their selection for 
our Regulatory Reporting." 

Suade's approach to data and use of innovative technologies enables its clients 
to produce reports faster than any other RegTech, compliance or reporting 
solution on the market.

About Suade

Founded in 2014, Suade is a RegTech firm offering Regulation-as-a-Service to 
automate regulatory reporting and compliance for financial institutions. Its 
data-driven approach to regulation, as well as its use of innovative technology 
such as natural language processing and machine learning, has distinguished 
Suade as a global leader in the industry. It has received numerous awards and 
titles, including being recognised as a Global Innovator by the World Economic 
Forum. Suade has the fastest system in the market. It services financial 
institutions all over the world and operates globally in offices across the UK, 
Europe, North America, and Asia.

Suade. Bridging the regulatory gap through modern technology - suade.org [ 
https://suade.org/?mtm_campaign=TD%20Securities%20press%20release ] 


SOURCE: Suade Labs
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