4most and Reporting Center partner to enhance regulatory reporting in banking
International financial services consultancy 4most has inked a strategic partnership with Reporting Center, aimed at bolstering the regulatory technology landscape in the UAE’s banking sector.
Founded in 2015, Reporting Center is a RegTech software company specialised in regulatory reporting, business intelligence and data warehouse solutions for the banking industry. Headquartered out of Romania, the company has grown steadily across Europe, with its Elite Reporting Platform today used by over 20 banks across the continent.
“We offer the complete chain of services: software development, implementation, maintenance and support,” said Elena Unciuleanu, Founder of Reporting Center.
To fuel its expansion into the Middle East, Reporting Center has tapped 4most as its partner. “After three years of research and relationship-building in the UAE, we found the perfect strategic partner in 4most,” said Unciuleanu. “Their deep-rooted presence in the UAE banking sector, understanding of local regulatory requirements and reputation for delivery excellence makes them an ideal ally.”
Headquartered in the UK, 4most is a consulting firm specialising in credit risk, insurance, data, and market risk. 4most has around 300 people across offices in the UK, Europe and the Middle East.
The collaboration will see 4most lead on-ground operations, leveraging its network, domain knowledge and regulatory consulting capabilities, while Reporting Center will focus on implementing the Elite Reporting Platform.
“Our clients have long sought a scalable, future-ready RegTech solution,” said Nicoleta Remmlinger, Director of 4most in the Middle East. “Reporting Center’s platform is not only innovative but also aligns with the UAE’s regulatory vision. This partnership allows us to offer a comprehensive, managed service that ensures high-quality, timely submissions to the credit bureau and to the regulators.”
“Together, we share a bold vision: to become the go-to regulatory reporting provider and partner in the region.”
