Planixs, the leading provider of real-time cash, collateral, and liquidity management software for global financial services firms, is thrilled to announce its selection as a finalist in the prestigious Best Digital Solution Provider (RegTech) category at the Banking Tech Awards 2024.
This marks the first time Planixs has entered the Banking Tech Awards, and places the company amongst a finalist roster that includes J.P. Morgan, BNP Paribas, Lloyds Banking Group, and Morgan Stanley. The RegTech category celebrates software providers delivering innovative regulatory or compliance solutions, with the winners recognised for their comprehensive functionality, measurable impact, and transformative user experiences.
Planixs’ rise to prominence in RegTech
Founded in 2011, Planixs has rapidly become a critical partner for some of the world’s largest financial institutions. The company’s flagship product, Realiti, was developed in collaboration with global banks to address the challenges of real-time liquidity management. Realiti is now relied upon by leading institutions including Santander, SIX (the Swiss FMI), Lloyds, and NatWest. Its ability to automate complex reporting in line with stringent global regulations, such as BCBS248, has revolutionised how banks manage their liquidity and meet compliance demands.
Client success and industry impact
Clients praise Realiti’s adaptive nature, particularly its ability to integrate seamlessly with a variety of payment infrastructures, handling the complexities of modern financial transactions more cost-effectively and efficiently than in-house systems.
Realiti’s real-time insights empower financial firms to optimise their cash and liquidity positions, while also ensuring compliance with global regulatory standards, including those set by the UK PRA, European Banking Authority, and the US Federal Reserve. The software also features advanced stress testing capabilities, enabling banks to apply a range of stress scenarios to assess, monitor, and mitigate potential liquidity risks, safeguarding their operations against market volatility.
Planixs’ leadership and vision
Neville Roberts, Planixs’ CEO, commented on the company’s recognition:
“Banks of all sizes need to ensure they have the right tools in place to gain complete control over their cash and liquidity operations and satisfy regulatory requirements. Our Realiti software does this and much more. We are overjoyed to be recognised once again as a leader in the RegTech space and are honoured to be named a finalist in the Banking Tech Awards 2024.”
Banking Tech Awards 2024 – Recognising excellence
The Banking Tech Awards, organised by FinTech Futures and Informa Connect, honour the brightest innovators and leaders in the global financial technology industry. The 2024 awards have seen an overwhelming number of submissions from across the fintech ecosystem, with hundreds of entries evaluated by an independent panel of respected experts from across the financial services sector. Winners will be announced during an exclusive ceremony in London this December.
