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Press Release
02:52 PM 4th November 2024 GMT+00:00
Gekko Lab and HKEX Awarded Capital Markets Collaboration of the Year
Reporting by Editors
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Article Summary
Gekko Lab and Hong Kong Exchanges and Clearing were awarded Capital Markets Collaboration of the Year at the 7th Regulation Asia Awards for Excellence 2024 for their joint development of an artificial intelligence platform that enhances compliance with listing rules.
The platform provides quantitative assessments, disclosure checks, and alerts users to compliance implications, thereby improving regulatory compliance, data management, and financial market governance.
This collaboration exemplifies the potential of strategic partnerships to address compliance and transparency challenges in capital markets, setting a new standard for industry practices.
This summary has been produced by RegAI.
Gekko Lab, in collaboration with HKEX, was awarded Capital Markets Collaboration of the Year at the 7th Regulation Asia Awards for Excellence 2024.
The Capital Markets Collaboration of the Year award celebrates partnerships that drive substantial advancements through collaboration, innovation, and industry alignment. This category focuses on initiatives that tackle regulatory or compliance challenges through the collaborative development of technologies, industry platforms, or common standards that bring enduring benefits to the capital markets ecosystem.
Gekko Lab and HKEX were recognised for their successful joint development of a platform that uses artificial intelligence (AI) to analyse corporate announcements to identify listing rule compliance implications and alert users to required actions. The platform supports quantitative assessments, disclosure checks, provides key information to facilitate the vetting process, and identify network relationships and potential non-compliance.
By combining Gekko Lab’s advanced technology solutions with HKEX’s robust market infrastructure, the collaboration has set new standards for regulatory compliance, data management, and financial market governance. “This innovative AI Vetting Platform fosters offers a powerful tool for ensuring companies are meeting regulatory requirements in a streamlined and efficient manner,” said one judge on the Regulation Asia Awards panel.
“This collaboration exemplifies how strategic partnerships can shape the future of capital markets by addressing critical compliance and transparency challenges,” said Bradley Maclean, Co-founder of Regulation Asia and Chair of the Awards Committee. “Gekko Lab and HKEX’s work paves the way for more resilient, compliant, and efficient markets and serves as a model for others to follow.”
About the Regulation Asia Awards for Excellence 2024
The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.
For a full list of the award 2024 winners, visit www.regulationasia.com/awards.
About Regulation Asia
Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 13,000+ subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.
Visit www.regulationasia.com or connect via LinkedIn or Twitter.
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