RegTech is the new FinTech
How agile regulatory technology is helping firms better understand and manage their risks
While the name is new, the marriage of technology and regulations to address regulatory challenges has existed for some time with varying degrees of success. Increasing levels of regulation and a greater focus on data and reporting has, however, brought the RegTech offering into greater focus, thereby creating more value for the firms that invest in these solutions.
In this article, based on our research and interviews with RegTech companies, we seek to explore how firms can benefit from regulatory technology and in particular how they can leverage regulatory focused data to better understand and manage their compliance risks.
Furthermore, we seek to highlight:
- RegTech solutions (and the underlying technology) that are becoming more prominent in the market
- The benefits of RegTech
- The significance of the experienced financial services professional in the RegTech/FinTech era
- How best to leverage RegTech to plot your regulatory journey for the future
Performance magazine issue 20, January 2016
Performance is a triannual digest, dedicated to investment management professionals, which brings you the latest articles, news and market developments from Deloitte’s professionals and clients.