RegTek.Solutions has been awarded the best solution for SFTR in the A-Team RegTech Awards 2018.

The awards were presented by Lauren McAughtry, A-Team RegTech editor.

McAughtry said: "Congratulations to all the winners of this year's A-Team Group RegTech Awards. It is a pleasure to present the awards and recognise some of the established vendors and start-ups offering RegTech solutions designed to improve market participants' regulatory response and provide efficient and effective compliance. The burden of regulation is putting pressure on our industry to change its approach to compliance technology, and it is RegTech that will lead the way.""

Although the new SFTR regulatory requirements come into force mid 2019 RegTek’s product is already live, giving its clients significant time to test its reporting and implement system changes to ensure compliance.