 | |
| Industry | Regulatory software |
|---|---|
| Founded | 2000 |
| Founders | Ross Kelly Conor Crowley |
| Headquarters | Dublin Ottawa Dubai |
| Website | www |
Vizor is an Irish software company that creates regulatory software for central banks, tax authorities, pension and insurance regulators, and other regulatory authorities.
Vizor was founded in 2000 by Ross Kelly and Conor Crowley in Sandyford, Dublin. [1] The founders served as co-chief executives of the company, and Crowley became sole CEO in 2018. [2] As of 2015 Vizor had developed regulatory software for more than twenty countries, and had offices in Dublin, Dubai, and Ottawa. [1]
In 2021 it was announced that BearingPoint RegTech acquired Vizor. [3]
Vizor develops regulatory software that is used by national regulatory bodies and facilitates cross-border information exchange for tax authorities. [4] [5] Vizor's work includes developing the regulatory software used by central banks including the Bank of Canada, [1] the Bank of England, [5] the Monetary Authority of Brunei Darussalam, and the Saudi Arabian Monetary Authority. [6] They have also developed regulatory software for the administration of national pension schemes, [7] and in 2018 devised the software for the tax authority of The Bahamas. [8] In 2019 Vizor began developing regulatory software for the Australian Prudential Regulation Authority, which will be introduced for use in 2020. [9] [10]
BearingPoint is an independent multinational management and technology consulting firm with 41 offices across 23 countries and around 4,300 employees. In 2021, the firm delivered 1,298 projects in 50 countries.
Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled by either a government or non-government organization. Financial regulation has also influenced the structure of banking sectors by increasing the variety of financial products available. Financial regulation forms one of three legal categories which constitutes the content of financial law, the other two being market practices and case law.
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The Australian Prudential Regulation Authority (APRA) is a statutory authority of the Australian Government and the prudential regulator of the Australian financial services industry. APRA was established on 1 July 1998 in response to the recommendations of the Wallis Inquiry. APRA's authority and scope is determined pursuant to the Australian Prudential Regulation Authority Act, 1998 (Cth).
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