With hundreds of nominations in its category, Planixs has been selected for the RegTech of the Year award category, which recognises the most innovative regulatory technology in the UK market and the world’s most pioneering solution providers that address the challenges and opportunities of dealing with regulatory issues within financial services.
The UK FinTech Awards are organised by FinTech Intel, the global market intelligence platform for financial services technology. The awards were developed to celebrate the FinTech community and the achievements and successes of the UK’s best and brightest financial technology firms.
Founded in 2011, Planixs works with some of the world’s most prestigious global financial institutions such as Lloyds Banking Group, Santander, Allied Irish Bank, Scotiabank, SIX Group, Banque Internationale à Luxembourg (BIL), Landesbank Baden-Württemberg (LBBW), Norddeutsche Landesbank Girozentrale (NORD/LB) and Zenith Bank amongst many, in providing its market-leading product suite Realiti® – a cloud-based and on premise technology solution suite that delivers real-time intraday cash, collateral and liquidity management capabilities to the financial services industry.
Realiti provides firms with instant, real-time visibility and insight, allowing them to optimise their cash and liquidity and helping them comply with regulatory requirements. With Realiti, organisations can ensure they meet global regulations including the UK PRA, the European Banking Authority and FED regulations. The solution also incorporates stress testing capabilities, allowing banking firms to apply a range of stress scenarios in order to understand, monitor and prepare to mitigate any intraday liquidity stresses and to help size liquidity buffers.
Realiti is pivotal in driving operational savings and improving risk management for banks and financial institutions by ensuring they gain real-time liquidity control and ensure regulatory compliance.
Neville Roberts, Planixs’ CEO commented, “We are extremely honoured to be shortlisted as a finalist in the UK Fintech Awards for 2022. We have experienced phenomenal growth at Planixs in recent years – both in the UK and globally. Our purpose is to help financial institutions gain full control and regulatory compliance over their cash, collateral and liquidity operations, so we are delighted to be recognised as a leader in the UK RegTech space.”
