Frankfurt, November 3, 2017 – Management and technology consultancy BearingPoint has been honored with the Chartis RiskTech100® 2018 award in the category “Regulatory Reporting” and achieved the excellent place 33 in the rankings. Two years ago, BearingPoint entered the prestigious rankings for the first time. Last year the company rose 27 places into the Top 30 in the RiskTech100® rankings, which are globally acknowledged as the most comprehensive and independent study of the world's major players in risk and compliance technology.
With its RegTech product line, BearingPoint provides innovative regulatory and risk technology solutions (RegTech and RiskTech) and services for banks, insurance companies, supervisory authorities and central banks.
This award makes us particularly proud, because it’s an accolade for our core business, regulatory reporting, which we have been running for 25 years now.
Juergen Lux, Global Leader Solutions at BearingPoint
Our excellent position in the RiskTech100® Rankings among the world's leading vendors is also a reflection of our successful international growth.
Bodo Windmoeller, Partner at BearingPoint
Regulatory reporting is steadily moving toward a more industrialized and utility-based model. BearingPoint has demonstrated the ability to build and industrialize these types of frameworks, with strong empirical evidence of deals done, which represents a concrete realization of these trends.
Sidhartha Dash, Research Director at Chartis Research
Approximately 2,500 firms in financial services rely on BearingPoint’s Abacus Solution Suite for regulatory management, analytics and reporting solutions, and over 2,500 firms rely on its tax reporting solutions FiTax and EasyTax. Additionally, more than 140 financial institutions in eight European countries trust in BearingPoint’s managed services capabilities including RaaS (Risk as a Service), regulatory utilities and private shared services platforms.
For more information about BearingPoint’s RegTech product line, please visit: http://www.reg.tech.
BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in three units: Consulting, Solutions and Ventures. Consulting covers the advisory business; Solutions provides the tools for successful digital transformation, regulatory technology and advanced analytics; Ventures drives the financing and development of start-ups. BearingPoint’s clients include many of the world’s leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 75 countries, engaging with them to achieve measurable and sustainable success.
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Tel. +49 89 540338029