London, UK – 18 AUGUST 2020 – Solidatus, the leading provider of innovative metadata management software, today announced a strategic investment from Citi, the leading global bank. Citi is also implementing the Solidatus platform internally, at a global enterprise level.
In light of the Covid-19 pandemic, regulators have, unsurprisingly, followed the lead of their central bank cousins. One consequence is that transformational regulation, like MAS 610 and 1003, has been delayed. This wise course of action affords banks the chance to ensure they have every opportunity to comply and avoid the consequences of not doing so.