Regtech Investment Is Increasing, But Leaders Are Still to Emerge

Regulatory technology (regtech) is especially important today because banks and other financial institutions are evaluating their data analytics capabilities and looking for ways to comply with new rules on everything from General Data Protection Regulation (GDPR) to cyber risk. As processes become more automated and more data becomes available, financial institutions need to have the right analytical tools and dashboards to comply with regulatory rules such as anti-money-laundering (AML) and know-your-customer (KYC) requirements. The regtech market is rapidly evolving and expanding, with lots of players, but it has yet to coalesce around any real leaders.