Standard setting bodies
R2A has partnered with the Bank for International Settlements (BIS) to share in conferences and workshops the outcomes and lessons from our work. In May 2019, the R2A offered an artificial intelligence bootcamp to the BIS members in Basel. Later that year, R2A and the BIS Financial Stability Institute published a taxonomy of the SupTech solutions that financial authorities around the globe are testing and adopting.
Our team has worked with Bangko Sentral ng Pilipinas, the Mexican Comisión Nacional Bancaria y de Valores, and the Central Bank of Nigeria to champion the R2A approach demonstrating market-level SupTech solutions.
Through global competitions, R2A awarded US$100,000 each to three technology innovators to develop solutions for the Bangko Sentral ng Pilipinas and the Mexican Comisión Nacional Bancaria y de Valores. The solution for the Central Bank of Nigeria was developed by our team in collaboration with the developers of the Nigeria Inter-Bank Settlement System (NIBSS) Plc.
Compliant Risk Technology
are in the process of developing an Application Programming Interface (API) and back office reporting and visualization application prototype regulatory reporting in the Philippines. They are working with the Central Bank of the Philippines (BSP)
is the process of developing a prototype for a data request/storage platform and tools for data-driven metrics for anti-money laundering (AML) supervision in Mexico. It is working with the National Commission for Banking and Securities (CNBV)
is developing a prototype chatbot and processing utility solution for customer complain, also for BSP. The prototype will improve data quality access and will facilitate new tools for data visualization ad analisys
Nigeria Inter-Bank Settlement Systems PLC provides the infrastructure for automated processing, settlement of payments and fund transfer instructions between Banks, Discount Houses and Card Companies in Nigeria. NIBSS is owned equally by all licensed banks in Nigeria, and the Central Bank of Nigeria.
Since its creation in 2016, R2A has received financial support from several sponsors.