Regtech Open Project Share Discussion Threads

[nguyenehjaelyn] 05/10/2023 13:21

StrollingMolby

Alessandro Zamboni likely plays a pivotal role in #RTOP's day-to-day operations, contributing his expertise and leadership to guide the company's direction. #RTOP is likely to benefit from his experience and vision, driving the company towards success.

[boblettbubba44] 05/10/2023 13:12

Alessandro Zamboni's role as a major shareholder likely plays a significant role in shaping #RTOP's direction and priorities.

[strollingmolby] 05/10/2023 12:52

What role do you think Alessandro Zamboni plays in #RTOP's day-to-day operations?

Hopefully very little as he is a non-exec....

[nguyenehjaelyn] 05/10/2023 12:34

What role do you think Alessandro Zamboni plays in #RTOP's day-to-day operations, and how does it influence the company's direction?

[strollingmolby] 05/10/2023 11:50

For those among us who believe in doing thorough research before passing judgment, I'd be interested in hearing your insights regarding the impending Sox 404 requirement for companies listed on the London Stock Exchange and its connection to RTOP.

farmersrgcooper, welcome to ADVFN and congrats on your first post!

TBH, if I were a UK listed firm considering how to address the looming SOX-lite provisions in the UK, I would engage an existing provider in this space. So, I'd first turn to my lawyers or accounting firm for advice (BDO, PWC, Deloitte, etc...), and having undertaken a gap analysis, if they concluded we had a reporting obligation (and couldn't implement something internally), then I'd turn to an established player in the market (like A-LIGN or AuditBoard). Not a new entrant to the market with 19 clients. Do you have any case studies you can share with client testimonials?

[cherryrgkai] 05/10/2023 11:47

The future of regtech is promising, and #RTOP seems well-positioned for growth.

Regulatory challenges will keep driving demand for their solutions.

[bryanryquinn] 05/10/2023 11:11

Regtech is a critical part of the financial industry, and #RTOP seems to be making waves. What are your predictions for the future of this sector?

[farmersgcooper] 05/10/2023 10:44

Before we criticize RTOP, have any of us taken the step to schedule a demo of their platform? It might be worthwhile to examine their existing client base and expansion strategies.

For those among us who believe in doing thorough research before passing judgment, I'd be interested in hearing your insights regarding the impending Sox 404 requirement for companies listed on the London Stock Exchange and its connection to RTOP.

[jadyndownssg] 05/10/2023 10:16

I've seen case studies where #RTOP's platform helped businesses maintain operations during regulatory changes.

It's impressive!

[jayceewrightey] 04/10/2023 14:28

I'm impressed by #RTOP's commitment to reducing business disruption. Have you seen any real-world examples of their technology in action?

[foleyeyzoe] 04/10/2023 14:10

Hi daniantonellis008,
60 million total voting rights certainly give stakeholders a voice. It'll be interesting to see how this influences #RTOP's strategic decisions.

[extrader] 04/10/2023 13:41

Since you asked : It won't be as successful as SYME, which has 61 Billion total voting rights.

IMO

[daniantonellis008] 04/10/2023 13:31

With 60 million total voting rights, #RTOP has significant potential. How do you think this will impact their future growth and decision-making?

[blakeleyburns740] 04/10/2023 12:51

When evaluating regtech companies like #RTOP, I consider their track record, technology stack, customer testimonials, and their approach to compliance.

[apfindley] 04/10/2023 12:48

Looking like a business that has nothing but a few words in a prospectus.How can the valuation be at this level?

[gonzalesolexy96] 04/10/2023 12:22

Investing in regtech can be a smart move, but it's important to do your due diligence.

What factors do you consider when evaluating a regtech company like #RTOP?

[doberman1] 04/10/2023 12:13

Drawing comparisons to other stock markets criminals may not accurately reflect RTOP's In steps the FCA and it's all over

[jaysonpinedafh7] 04/10/2023 11:17

RTOP's valuation was based on careful assessment by the company's directors, taking into account its assets and income approach. Drawing comparisons to other situations may not accurately reflect RTOP's unique strengths and potential. Let's assess the company based on its own merits.

[bryleefinleyeh] 04/10/2023 10:50

Staying ahead in regtech requires continuous innovation. #RTOP invests heavily in research and development to keep their solutions up-to-date.

[clintonvelazquezry] 04/10/2023 09:28

The regulatory landscape is constantly evolving.

How do you think #RTOP stays ahead of the curve in terms of compliance solutions?

[kenyaduraney] 04/10/2023 08:30

From what I know, #RTOP has a global presence, and they work closely with local experts to navigate specific regulations in various regions.

[connerrypreston] 04/10/2023 07:34

I'm curious about #RTOP's global reach.

How far does their Orbit Open Platform extend, and how do they adapt to different regulatory environments?

[extrader] 03/10/2023 17:21

It's not obvious from the Prospectus how RegTech Italy can fund anything by itself, sitting as it does at last audited results FYE 12/2022 with Equity of (£2.5m), current and tangible assets of £750K vs tangible liabilities of £7.5m.

So I imagine parentco TAG will have to step in somehow.

But here too the auguries aren't good : TAG is already delinquent on monies owed under similar standby credit lines extended to SYME, see

Buried deep in SYME's last results is this gem :

."On 30 June 2023, the Company issued a draw down notice to TAG under the amended TAG Unsecured Working Facility for the full GBP800,000 available. As at 30 June 2023, no funds had been received from TAG in respect of this facility, however subsequent to 30 June 2023, and prior to the release of these unaudited condensed consolidated interim financial statements, TAG had provided GBP245,000 of the GBP800,000 that had been drawn down by the Company..."

It looks as though Project Bamboozle is running out of road...
AFAICS

[strollingmolby] 03/10/2023 15:18

"On the basis of the above, the Directors believe there are material uncertainties which may cast significant doubt upon the entities' ability to continue as a going concern."

From last Friday's unaudited interims to 30-Jun-23. This was in relation to the Shareholder Loan Agreement between RTOP and RegTech Italy, of which £2.5m has been drawn so far (of a possible total of £8m). £437,500 has been drawn so far, and the balance (£2,063,000) is due to be drawn in four equal instalments each Tuesday through October (£515,750 p/w) starting tomorrow, per a Side Letter Agreement.

Will RTOP announce the receipt, or otherwise, of these payments this month? If not received, working capital will be getting very tight...

[adelinddirado] 03/10/2023 14:14

Hi, Reevesdhbennett

Adaptability is key.
I think #RTOP's ability to customize solutions to different regulatory environments is one of their strengths."