The global regulatory technology market is anticipated to grow at a significant CAGR of 19.5% during the forecast period. The global regulatory technology market comprised on several global market players such as Deloitte AG, IBM Corp., Infrasoft Technologies Ltd., MetricStream Inc., NICE Ltd., and PricewaterhouseCoopers LLP among others. These players are focusing on launching innovative regulatory technology solution to minimize the compliance cost of different industries. Some on the major regulatory technology solution launches in the regulatory technology market include-
- In February 2021, Plenitude Bhd, a public listed company had launched RegSight, a cloud-based Financial Crime Compliance (FCC) obligations management solution developed with global financial institutions. This solution offers a technology platform to identify and manage FCC obligations, improve operational efficiency and ultimately drive more effective financial crime risk management.
- In October 2020, RegTech provider Shield has launched a new solution that combines its Insider Trading and Information Handling models. The enhanced platform, INSIDERS, is designed to meet the growing market demand for improved surveillance to accompany increased remote working in the new post-COVID-19 pandemic normal.
A Full Report of Global Regulatory Technology Market is Available at: https://www.omrglobal.com/industry-reports/regulatory-technology-market
Global Regulatory Technology Market Report Segment
By Solution
- Risk Management
- Transaction Reporting & Monitoring
- Customer Identification and AML/KYC
- Regulatory Intelligence
By Deployment Model
- Cloud Based
- On-Premises
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