Just don’t call it FinTech: Demystifying the RegTech universe
Calling RegTech the new FinTech is a dangerous assumption. RegTech is all about speed of decisions, rapid analysis of data and turning that into intelligence to help make better business decisions. It is about the need for greater flexibility; and this agility will be critical to the success of true RegTech applications.
In this paper, we map out the diversity of the RegTech universe in all its glory. By considering both the primary purpose of the regulation, as well as its position in the technology lifecycle, we can identify where and how RegTech can add the most value to all types of financial institutions.
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