Jane Walshe (Enforcd), Malcolm Wright (Thomson Reuters), Mathias Wegmueller (Qumram), Jason Boud (RegTech Forum)
2017 is shaping up to be the year in which RegTech catches up with FinTech and the sector is brimming with innovative ideas that can help regulated firms address regulatory requirements in an efficient and cost effective way.
But how good is this technology, really? Can everything that is promised be delivered? At it’s best, RegTech can help firms to price and quantify the risks around a firm having a poor culture, and technology can solve problems of capturing qualitative concepts, such as behaviour and culture, and embedding these in to a firm's operational/conduct risk model.
In this discussion, Jane Walshe of Enforcd is joined by other RegTech pioneers to discuss what RegTech can do, and also possible pitfalls to be avoided in its use.