State of the Market: RegTech in 2022

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Presented by

Elena Kozhemyakina | Kathryn Willis | Izhar Arieli | Jo Ann Barefoot

About this talk

Regulation is essential for securing stability in the financial services sector and ensuring that the interests of both consumers are investors are met. In recent years, regulation has served as a sounding board for the industry, setting the rules of play for innovation and securing the interests of everyone involved. Trends such as remote working and digitalisation have driven innovation, with consumers demanding more innovative solutions to meet their financial needs. This has provoked a vast increase in regulatory change, from 10 changes per day in 2004 to a huge 100 changes per day in 2020. For financial services players, the challenge of keeping compliant is becoming increasingly costly and complex. RegTech players are dedicated to harnessing contemporary technologies to help regulated firms meet their regulatory obligations. Despite the increase in RegTech solutions available, significant barriers to adoption exist within the market. In Episode 16 of Driving Fintech Forward, we're taking a deep-dive into the state of the market and asking - what is needed to overcome the barriers to adoption of RegTech? Topics for discussion include: - Barriers to adoption of RegTech and what is needed for the industry to overcome them - The impact of Covid-19 on the uptake of RegTech solutions - The business case for RegTech solutions and how to get senior buy-in - And more Confirmed Speakers: - Kathryn Willis, Executive Director and Group Head Of Compliance, AIMS Financial - Izhar Arieli, Co-Founder and CEO, TenureX - Jo Ann Barefoot, CEO & Co-Founder, Alliance for Innovative Regulation Driving Fintech Forward is hosted by Elena Kozhemyakina, Founder & CEO, Fintech4Funds.
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