Connect with us

Top Stories

JHC Broadens Scope Of Partnership With Europe’s Leading Regulatory Data Exchange 

JHC Broadens Scope Of Partnership With Europe’s Leading Regulatory Data Exchange 

Silverfinch (a CSS solution) will provide cost and charges data to firms outside of the wealth management sector  

Fintech firm JHC Systems (JHC) today announced that it has broadened the scope of its partnership with Silverfinch, Europe’s leading regulatory data exchange and part of Compliance Solutions Strategies (CSS) product suite.

Silverfinch will now look to provide costs and charges data for managers supporting industries such as pensions and insurance.

JHC and Silverfinch originally partnered in 2017 ahead of January’s MiFID II deadline, which dictated that wealth managers provide full transparency around any costs and charges levied to their customers. The partnership allows users of JHC Neon and JHC Figaro to access all the data that they will need to report for the first time at the end of this year.

Though currently only a regulatory requirement in a limited number of sectors, cost transparency disclosure rules continue to evolve, with Silverfinch and JHC poised to support the data functions for firms across industries who are not yet obligated to report.

Commenting on the partnership, Silverfinch Managing Director John Dowdall said: “Providing the data necessary to meet regulatory requirements is at the heart of what we do. Partnering with JHC has allowed us to expand our offering to an even wider pool of customers through its market-leading solutions. Like JHC, we’re a forward-looking organisation, which is why we are committed to serving industries where cost and charges information is a concern but not yet an obligation, such as the pensions sector.”

JHC Chief Revenue Officer, Edward Lopez comments: “Silverfinch’s leading regulatory data has been key in helping us to prepare our clients for MiFID II, and as the wealth sector begins to settle into the new changes, we are already working on expanding the solution for adjacent markets such as the pension fund industry. The partnership will allow us to provide services to firms in industries who are not yet obligated to comply but wish to be ahead of the game. As an organisation with significant growth aspirations, we were encouraged by Silverfinch’s industry footprint.””

Editorial & Advertiser disclosure
Our website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate


Newsletters with Secrets & Analysis. Subscribe Now