Financial services regulation has grown at an astonishing rate since the financial crisis… and so has the cost of compliance.
The rising cost of compliance (not forgetting the cost of non-compliance!) is the main driver for the adoption of RegTech solutions.
RegTech not only cuts the cost of compliance processes, it also improves the effectiveness making them quicker and more reliable, reducing hassle for customers, and lessening the risk of costly compliance failures.
But the potential of RegTech extends way beyond making compliance more efficient.
With all of these benefits, you would think adoption of RegTech solutions by compliance functions would be soaring, but unfortunately the process of ‘selling’ to compliance still remains a challenge.
Join our latest webinar where a panel of experts will discuss:
- trends around the increasing use of technology by compliance functions
- demystifying what compliance officers really look for when choosing a RegTech vendor
- presentation tips and preparation that RegTech’s should do before they engage with compliance
Ellie Murray, RegTech Women Advisory Board Member
Anuprita Jagtap, Principal Consultant, BCS Consulting