NEW YORK and LONDON, June 5, 2014- RDC, the Diligence Technology Company, today announced a collaborative sponsorship at SWIFT’s Innotribe Day event that is being held on 5 June at Convene in New York, NY. The Innotribe Day event explores technology and innovation across financial services with two particular focus areas: financial crime compliance and investment management.
“Financial crime compliance is ripe for disruption,” said Tom Obermaier, Chief Executive Officer of RDC. “Traditional modalities are under increased regulatory scrutiny demanding new thinking and innovation as yesterday’s solutions will no longer suffice. As a company that quickly blossomed from start-up to a rapid growth technology company, RDC is pleased to be part of this industry-changing event with SWIFT, as global leaders evolve and present blue ocean thinking and fresh business models that could change today’s compliance landscape.”
As part of this partnership, Tom Obermaier will be speaking on a panel to address the business and operational challenges that banks face due to the increasing numbers of sanctioned entities.
“We are pleased to have RDC as a key partner and sponsor at this year’s Innotribe Day Event,” said Paul Taylor Director – Compliance Services Business Development of SWIFT. “As a global industry leader in risk diligence, RDC aligns perfectly with Innotribe’s mission and value proposition – bringing together strategists, industry experts and technology leaders to drive change for the benefit of the financial service industry.”
Launched in 2009, the Innotribe Start Up Challenge introduces financial industry decision makers and investors to the emerging innovations poised to transform the financial service industry. This year-round program features three regional showcases in Europe, Asia and Americas where participants gather for fast-paced company pitches, insightful discussions on emerging trends and innovation opportunities and social networking.
The New York regional showcase in the afternoon of June 5th will feature the fast-paced pitches of Innotribe’s final 16 semi-finalists, and give participants the opportunity to learn, interact, discuss and network with these startup companies.
Regulatory DataCorp, Inc. (RDC) is the leading anti-money laundering compliance solutions provider. It offers superior technology and operational services through its unique platforms, allowing firms world-wide to gain superior compliance protection, conduct reasonable diligence, and manage supply chain risk in the most cost-effective manner. RDC provides AML/KYC compliance; Politically Exposed Persons (PEP) protection; emerging market intelligence; corruption, fraud and crime protection; vendor screening and monitoring; and credit risk monitoring to a wide range of clients worldwide. RDC was founded in 2002 by 20 of the world’s leading financial institutions. Learn more about RDC by emailing email@example.com or visiting www.rdc.com.