Automating many outdated compliance and due diligence tasks.
RegTech refers to the convergence of software technology and regulation. As regulatory expectations rise and the focus on data grows, RegTech software solutions allow incumbents to automate many outdated compliance and due diligence tasks, using data that can be tailored to a firm’s risk-based approach. RegTech also focuses on addressing the gap in the market created by the speedy, disruptive forces of the FinTech sector.
Big data analitycs