RiskConcile

27/01/2025

👉 TIRED OF SPENDING TOO MUCH TIME DEALING WITH COMPLEX SPREADSHEETS?

Imagine software that takes care of it for you. At RiskConcile, we know how valuable your time is. That’s why we’ve created a solution that works effortlessly for you. No more spreadsheets and less frustration, so you have more time to make an impact.

Discover how we can help you ditch the spreadsheets!

20/01/2025

👉 NAVIGATING PRIIPs TRANSACTION COSTS: FAQ

Reflecting on a busy 2024, we compiled key FAQs from onboarding asset managers, administrators, and service providers. For those navigating transaction costs, whether in-house or with a provider, these insights may help streamline your processes:
🔹 Missing arrival timestamps? Follow the regulatory waterfall method (Fair Value, Open samde, close previous day).
🔹 Operational issues? Watch for incorrect (e.g., cancelled trades) or incomplete data (e.g., missing MIC codes).
🔹 EU vs UK transaction costs? Understand key differences in methodology.
🔹 Young funds (< 3 yrs)? Estimate costs using real trade data or asset class-based turnover.

For a deeper dive or tailored guidance on PRIIPs KIDs, we’re here to help!

Do you want to read more on these FAQs, go to our blog: www.riskconcile.com/insight/navigating-transaction-costs

At RiskConcile, we're here for finance professionals like you. We simplify complex financial data, upgrade efficiency, and ensure accurate reporting. Join us in redefining risk and regulatory management.

13/01/2025

👉 NEW YEAR, NEW PRODUCTS

In 2024, we proudly added two groundbreaking products to our portfolio, empowering our clients to work more efficiently:

🟣 Solvency II TPT Solution: A smart and flexible tool for TPT production, compliant with FinDatEx and Solvency II Regulation
🟣 Liquidity Risk: Gain deeper insights into your portfolio's liquidity exposure and effortlessly conduct liquidity stress tests.

We’re excited to continue supporting our clients in 2025 with cutting-edge solutions and exceptional service. Here’s to a successful new year! 🥂

RiskConcile offers innovative solutions that make risk and regulatory compliance easier and efficient. Simplify your financial processes today. Save time and money.

06/01/2025

👉 RISKCONCILE WRAPPED 2024

A new year has begun, but before we look ahead, we want to take a moment to reflect on our highlights of 2024:

🏠 A new digital and phisical home – We launched our revamped website and moved into our new office in Leuven
🌍 International presence – We successfully expanded to Ireland
📣 Product development – We enhanced our Liquidity Risk and Solvency II TPT solutions, introduced AI-driven features for PRIIPs, and upgraded our flagship PRIIPs KID/EPT/EMT platform, PRIIPSLab
🏆 Recognized among the best – We got listed in both the Main Software 50 Benelux and Deloitte Fast 50

A big thank you to our incredible team, partners, and clients who made all this possible. Here’s to an even more successful 2025! 🚀

Read more about our "year in review": https://bit.ly/RC-blog-year-in-review

At RiskConcile, we're here for finance professionals like you. We simplify complex financial data, upgrade efficiency, and ensure accurate reporting. Join us in redefining risk and regulatory management.

23/12/2024

👉 LOOKING AHEAD ON REGULATIONS

With just eight days left in the year, many of us are already stepping into 2025 with one foot. So, what regulatory changes should we be preparing for in the year ahead? Here are a few key updates to keep on your radar:

✔️ PRIIPs Transaction Costs Slippage: Implementation on January 1, 2025
✔️ PRIIPS Level 1 Review: finally more information about the expected changes to the PRIIPs Regulation?
✔️ SFDR: Clarity on the revisions to the SFDR Disclosures?
✔️ Liquidity Management Tools (LMTs): final RTS and guidelines for LMTs by 16 April 2025. We plan to organise a webinar on this in Q1 2025!
✔️ And finally DORA (Digital Operational Resilience Act) on January 17, 2025

This list is far from exhaustive, but it highlights the substantial changes coming our way. While the exact timelines for implementation remain uncertain, one thing is clear: the regulatory landscape continues to expand. Managing these changes through spreadsheets will become increasingly unsustainable.

How are you preparing to navigate this ever-evolving regulatory environment?

RiskConcile offers innovative solutions that make risk and regulatory compliance easier and efficient. Simplify your financial processes today. Save time and money.

16/12/2024

👉 CHEERS TO A YEAR OF SUCCESS

As the year winds down, we keep up our cherished tradition: a team dinner for the whole RiskConcile family! 🎉

A perfect moment to thank everyone for an amazing year, share some laughs over funny anecdotes, and reflect on another fantastic chapter together. This year, we stayed loyal to our roots in Leuven, hosting the dinner at the historic “Den Hoorn” brewery, the birthplace of the iconic Stella Artois beer. That’s right, Leuven isn’t just known for cutting-edge PRIIPs KID, Transaction costs, SFDR, and many more RiskConcile solutions. It’s also the proud home of world-famous beer Stella Artois. 🍻

Fancy a beer (and maybe a chat about our tech)? Swing by next year, we’d love to welcome you to our offices and drink a glass of Stella! 🍺

09/12/2024

👉 READY TO TACKLE TRANSACTION COSTS WITH THE SLIPPAGE METHOD?

We’re confident you’ve got this! (And if not, no worries! Just reach out, and we’ll help you get on track. 😉)

Now that you’ve taken on this challenge, you might be wondering: When and how often do I need to repeat this process?
Here’s the overview:
✔️ Regulatory Requirement (RTS 2021/2268, point 79):
🟣 You'll need to calculate your cost figures at least once a year.

✔️ Our advice for BAU:
🟣 Consider updating your calculations quarterly or bi-annually
🟣 Ensure the data flows automatically to your calculation engine in a structured way.
🟣 Establish robust processes for monitoring and defining material changes.
🟣 Ensure consistency between calculated numbers and your KID, EPT, and EMT.

Not fully prepared yet? Don't worry, we’re here to support you every step of the way! 🚀

At RiskConcile, we're here for finance professionals like you. We simplify complex financial data, upgrade efficiency, and ensure accurate reporting. Join us in redefining risk and regulatory management.

02/12/2024

👉 THE CLOCK IS TICKING ⏳

Just 30 days left to ensure full compliance with the PRIIPs regulation for calculating transaction costs using slippage!

Based on our experience, here are some final tips to help you stay on track:
✔️ Check the time zones in your timestamps carefully.
✔️ Do you properly apply the waterfall for arrival price sourcing as defined in the regulation?
✔️ Don’t overlook your explicit transaction costs.
✔️ Pay attention to currency conversion (e.g., GBP/GBp or ZAR/Zar).

Preparation is key when it comes to smooth compliance. If you need support or have any questions, don’t hesitate to reach out!

25/11/2024

👉 INNOVATION AND TEAMWORK IN ACTION

At RiskConcile, we don’t just create cutting-edge compliance solutions, we create a workplace where innovation, collaboration, and growth go hand in hand.

💡 Innovation first: we develop our own software, allowing us to respond quickly to industry changes and stay ahead of the competition.
🤝 True partnership: with a client-first mindset, we build trust and long-term relationships—both with our team and our clients.
🎯 Collaborative culture: whether solving challenges or celebrating wins, we support each other, making RiskConcile an exciting and rewarding place to work.

Reach out and discover how we can redefine compliance together: https://www.riskconcile.com/contact
Interested in joining our team, look for an open position on website: https://www.riskconcile.com/careers

Reach out to RiskConcile's dedicated team of experts for guidance on regulatory compliance, risk assessment, and tailored solutions to upgrade your operations.

18/11/2024

👉 WHAT FEATURES WOULD YOU LIKE TO SEE IN YOUR RISK AND REGULATORY SOFTWARE?

Risk and Regulatory software plays a crucial role in helping financial teams navigate complex regulatory environments. At RiskConcile, we’re constantly innovating and evolving to ensure our solutions address the real challenges you face daily, whether it's managing vast amounts of data or adapting to changing regulations.

That's why we’re curious: What features would truly make a difference in your day-to-day risk and regulatory workflow? 🤔

Share your insights below!

RiskConcile offers innovative solutions that make risk and regulatory compliance easier and efficient. Simplify your financial processes today. Save time and money.

11/11/2024

👉 STAY AHEAD OF PRIIPs REGULATIONS

Navigating the world of PRIIPs compliance can be challenging. At RiskConcile, we provide tailor-made solutions to ensure you meet the evolving requirements with ease. With continuous changes in regulation, such as the proposed Retail Investment Strategy, and as well the new CCI regime, it’s more important than ever to stay compliant. Our expertise helps our clients adapt quickly, streamline reporting, and enhance transparency.

Looking for a seamless PRIIPs compliance solution? Discover how we can simplify your regulatory requirements: https://www.riskconcile.com/solution/priips-compliance

At RiskConcile, we're here for finance professionals like you. We simplify complex financial data, upgrade efficiency, and ensure accurate reporting. Join us in redefining risk and regulatory management.

04/11/2024

👉 LEADING WITH CUSTOM-BUILT SOFTWARE

At RiskConcile, we don’t just sell software, we create it. By developing our own cutting-edge risk and regulatory technology, we maintain a unique position in the financial sector. This allows us to rapidly implement essential updates and deliver the fast time to market our clients rely on. Innovation, customization and flexibility are at the core of what we do. 🚀

Looking for a partner that understands your financial challenges and can provide tailored solutions fast? Reach out today and let RiskConcile take your business to the next level: https://www.riskconcile.com/contact

Reach out to RiskConcile's dedicated team of experts for guidance on regulatory compliance, risk assessment, and tailored solutions to upgrade your operations.