The collaboration promotes the adoption of a unified global platform. Credit: Thx4Stock team/Shutterstock.

EY has announced an alliance between Regnology and EY ifb to offer clients regulatory and supervisory technologies.  

EY ifb provides full-service solutions to assist banks and insurance companies with finance, risk and digital transformation, while Regnology specialises in regulatory reporting. 

This partnership aims to ensure streamlined compliance and facilitate large-scale transformations. 

The EY–Regnology Alliance introduces new modules covering the full spectrum of regulatory reporting and supervision processes.  

These offerings are cloud-native and supported by AI, addressing specific regulatory requirements across different jurisdictions while adapting to future changes. 

As per the agreement, EY ifb will leverage Regnology’s expertise in serving both regulators and regulated entities.  

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This collaboration will focus on facilitating seamless communication and collaboration, helping to grow customer groups and develop integrated service offerings for banking and tax reporting requirements. 

It will also promote the adoption of a unified global platform, while enabling improved decisions in key design, IT and business architecture. 

EY EY–Regnology Alliance leader Sven Ludwig said: “Given EY ifb’s long-standing relationship with Regnology of more than two decades, the alliance with Regnology further expands our footprint in regulatory markets and highlights our global service capabilities.  

“More specifically, the EY–Regnology Alliance provides clients with insights on both regulatory and supervisory technologies for compliance and transformations.”    

Regnology chief revenue officer Maciej Piechocki said: “We are excited to collaborate with EY ifb to help deliver next-generation regulatory reporting solutions. Leveraging EY ifb’s extensive global network and Regnology’s regulatory expertise and specialised technological infrastructure, the Alliance will help enable us to provide our clients with the tools they need to navigate the complexities of financial regulation with confidence and agility, while providing a seamless global implementation.” 

Earlier this month, EY appointed Ove Svejstrup as the markets leader in the Channel Islands.  

In this role, Svejstrup will lead market activities for EY across the Channel Islands, supporting the growth of service lines such as assurance, technology risk, tax, and strategy and transactions.