Australia calls for risk-loving fintech firms
The Risk Management Association of Australia (RMA) has partnered with KPMG and match-making firm Matchi to offer three fintech companies the opportunity to pitch their solutions to forty chief risk officers (CROs) from various Australian banks.
KPMG is arranging this year’s CRO roundtable event for the RMA members with the theme “Generation Next”.
Matchi says there is “no fee to participate” (I should hope not) and the opportunity is open to any firm that has developed and built a solution that aligns to one of the four categories:
- Category 1: Regulatory compliance – could include horizon scanning, compliance automated testing or E2E regulatory automated ecosystem;
- Category 2: Regulatory reporting – including IFRS 9 / current expected credit loss (CECL) standard, stress testing reports, liquidity reporting or risk data aggregation;
- Category 3: Know your customer (KYC) / client on-boarding – could include anti-money laundering (AML) account opening or Common Reporting Standards (CRS);
- Category 4: Conduct risk – such as product development, inappropriate incentives, product mis-selling and culture assessment.
Start-ups and companies around the world can apply here. Closing date is 6 August 2017.
All entries received will be validated by Matchi analysts and the winners will be selected by a panel of CROs from various Australian banks and KPMG. The three winners will be announced on 14 August 2017. Each of the selected companies will receive a contribution of $1,500 towards their travel expenses.
The showcase will take place at the CRO event in Sydney on 12 September 2017.
