Regtech may be the answer to regulatory complexity, but it could also alter banks’ role in the financial ecosystem
On November 8, Capco Institute hosted a seminar in Zurich where leading academics and senior executives discussed the impact of regtech on the financial services industry. Participants included:
Financial institutions are becoming increasingly data-driven. In addition, they must deal with a regulatory avalanche and financial fines that are 45 times higher than in 2010. Regtech may be the technological solution to the data and regulatory reporting challenges that the financial industry has been looking for.
To get in touch with Capco’s regtech experts, contact Dr. Ingo Rauser, Partner.
Prof. Rolf H.Weber’s paper Regtech as a new legal challenge appears in edition #46 of the Capco Journal of Financial Transformation at the end of November 2017 .
Dr. Ingo Rauser is a Partner based in Capco`s office in Switzerland. He has profound expertise in both Banking and Finance, Risk and Compliance.
You can read Ingo's full profile here.
The content and opinions posted on this blog and any corresponding comments are the personal opinions of the original authors, not those of Capco.