Regtech: features that make data work harder and smarter

Image Source: Article

Image Source: Article

There is far more to regtech than regulatory technology, or at least there can and should be. Regtech, as it is coming to be understood, must be something qualitatively different from what it’s replacing and not just a faster and better version of the same thing.

The most important aspect of regtech systems – an ability to generate different kinds of data very rapidly from different sources and for different purposes, and then to reuse it for others – can, in fact, bridge the gap between what financial regulators are now asking for and what conventional technology has been able to furnish.

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