In today's fast-paced and rapidly changing environment, the financial services industry is challenged to find innovative ways to reach strategic growth objectives, further reduce compliance cost, and ensure effective management of regulatory change.
While Financial Technology (FinTech) has become a core focus for all financial services players over the past decade, the focus is now zooming in on Regulatory Technology (RegTech) solutions. Why is that so?
This white paper explores the drivers behind RegTech solutions as well as the key business benefits of enabling technologies. It further examines how regulatory technology innovation can help organisations gain greater strategic advantage, reduce costs and harmonize coordination.