The rapid growth of technologies, such as artificial intelligence (AI) and cloud computing, disrupts the financial services sector. As a result, organizations are compelled to update and change their compliance requirements regularly. However, the change is further hindered by the need to analyze substantial data, which requires laborious work. Regulatory technology (RegTech) solutions aid organizations and financial institutes in processing the data easily.
RegTech is not just a tool for organizations to automate compliance processes and reduce the risk of human error. It also plays a crucial role in enhancing customer experiences. By harnessing AI and machine learning (ML) to automate data analysis and recognize anomalies, RegTech ensures that financial services are tailored to individual needs. The use of cloud systems adds another layer of agility and security, meeting the stringent requirements of online safety regulations such as GDPR.
By tapping into such innovative solutions, organizations reduce compliance costs and reclaim precious time. They also improve risk identification and data analysis capabilities, eliminating non-compliance risks.
The edition RegTech 2024 showcases SCOPE FinTech Solutions, a trusted leader offering cutting-edge software solutions to enhance client due diligence (CDD) processes and ensure compliance with stringent sanctions and anti-money laundering (AML) regulations.
The edition also features interviews with industry leaders, providing insights into the latest developments and trends in the RegTech sector. Experts such as Guillaume Lesage, Deputy Managing Director at Amundi, and Geoffroy De Ridder, Head of Technology and Operations/COO at Lombard Odier Group, share their perspectives on industry challenges and emerging trends. We hope these valuable insights from industry leaders featured in this edition will assist you in making informed decisions for your businesses.
