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Symetria Recognized by FinTech & RegTech Global Awards as Innovative Solution

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Symetria® was honored as the best reporting and compliance data management solution under the FinTech & RegTech Global Awards. The gala was held today in Singapore and brought together the FinTech and RegTech communities to recognize innovation and outstanding work in banking.

“The award from the Central Banking FinTech & ReTech Awards is a well-deserved recognition of the effort put into developing Symetria®. It is also validating our view of the potential of regulatory reporting as a value generator for banks. No bank can ignore the needs. Being able to report quickly and automatically, adding value to the business, can be the distinguishing factor of the competition. By creating Symetria®, we wanted to make it possible for financial institutions to have simpler, value-added reporting. . This vision is materializing now. We are very grateful for the recognition. ”
-João Nuno Bento, CEO of Novabase

Symetria® is a solution from Novabase that aims to facilitate and expedite the reporting of data by banks and financial institutions. This solution integrates all data sources, allowing banks and financial institutions to report information requested by regulators in a timely and transparent manner. With reporting capability under the requirements of various types of legislation and a powerful analysis and validation tool that ensures the quality of reported data, Symetria® enables institutions to better control operational risk.
In Portugal, the solution has clients such as Novo Banco, Bankinter, Millennium BCP and BIG, among others.

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