APAC CIO Outlook
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Agile

    AI Healthcare

    Artificial Intelligence

    Aviation

    Bi and Analytics

    Big Data

    Cloud

    Cyber Security

    Digital Infrastructure

    Digital Marketing

    Digital Transformation

    Digital Twin

    Drone

    Internet of Things

    Low Code No Code

    Networking

    Remote Work

    Smart City

    Startup

    Unified Communication

    Wireless

  • E-Commerce

    Education

    FinTech

    Healthcare

    Manufacturing

    Pharma and Life Science

    Retail

    Travel and Hospitality

  • Dell

    IBM

    Microsoft

    Salesforce

    SAP

  • Cognitive

    Compliance

    Contact Center

    Corporate Finance

    Data Center

    Data Integration

    Digital Asset Management

    Full Stack Development

    HR Technology

    IT Service Management

    Managed Services

    Procurement

    Proptech

    RegTech

Menu
    • Compliance
    • IBM
    • Big Data
    • Unified Communication
    • Digital Infrastructure
    • Data Center
    • Salesforce
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • RegTech
    Editor's Pick (1 - 4 of 8)
    left
    Customer by Design - The Centre of Everything!

    Andrew Crabb, CIO, TR Group

    The Enigma in Cloud Transformations

    Rohan Manuel, CIO, Hendry

    Achieving IT Budget Efficiency

    Giorgio Migliarina, Chief Technology Information Officer, Telekom Malaysia

    Regtech Should Become A Mandate After Covid-19

    Gabriel Chan, Head Of Global It, Gaw Capital

    The Process And Culture Requirements For Exceptional Regulatory Technology

    Greg Bellotti, Vice President It And Cio, Elementis Global

    Unleashing the power of Qubit & AI

    Utpal Chakraborty, Head of Artificial Intelligence, YES Bank, AI Researcher

    Technologies to combat Pandemic

    Utpal Chakraborty, Head of Artificial Intelligence, YES Bank, AI Researcher

    The Future of Compliance Regulatory Adherence

    Deborah Young, CEO, The RegTech Association

    right

    How AI and Machine Learning are Transforming the Way the Regtech Sector Operates?

    Apac CIO Outlook | Thursday, April 01, 2021
    Tweet

    Regulatory technology is committed to disrupting the regulatory landscape by delivering advanced technologies to the ever-increasing demands of compliance within the financial sector. The rapidly increasing levels of technology investment across the financial services sector are also contributing to this disruption within the industry.


    Fremont, CA: Technology has begun to play a significant role in the Regtech (Regulatory Technology) ecosystem over the last few years. This is significantly transforming the way financial risk, financial crime risk and governance, risk management, and compliance (GRC) are addressed and delivered. By unlocking technology's power, specifically artificial intelligence and machine learning, financial institutions and regulators have realized that they can automate and streamlining compliance functions.

    Significantly, Regtech refers to the use of emerging technologies to advance the way companies manage regulatory compliance.

    Regtech Transforms Financial Services

    Regulatory technology is committed to disrupting the regulatory landscape by delivering advanced technologies to the ever-increasing demands of compliance within the financial sector. The rapidly increasing levels of technology investment across the financial services sector are also contributing to this disruption within the industry.

    There is no secret that the latest digital revolution is significantly changing the way risk management and regulatory compliance requirements are managed and implemented. By adopting a digital-first approach, Regtech-powered solutions can automate standard processes, send alerts in the event of inconsistencies, update according to the latest requirements, evaluate all available data and generate reports that can be submitted to the authorities.

    Many regulatory technology solutions can be used to integrate with existing IT infrastructure. Typically, such solutions are designed to meet specific challenges. For example, consumer verification apps that leverage AI and machine learning significantly reduce the time needed for verification.

    Beyond compliance and regulations, Regtech solutions contribute to improved operations and increased competitiveness. Today, most start-ups have begun to leverage digital technologies such as APIs, AIs, machine learning, and robotic process automation (RPAs) for the burdensome tasks required to comply with the regulations.

    In this regard, Regtech promises to reduce the cost of compliance processes and increase efficiency to make them faster and more reliable. As a result, this will reduce the customer burden and minimize the risk of costly compliance failures. This can also enable businesses to gain a higher competitive edge over their peers.

    See Also :- Top Artificial Intelligence Solution Companies

     

    tag

    Financial

    Regulatory Technology

    Machine Learning

    GRC

    Weekly Brief

    loading
    Top 10 Automotive Technology Companies - 2019

    Featured Vendors

    Aptiv

    Kevin Clark, President & CEO

    Ambarella

    Fermi Wang, CEO

    ON THE DECK

    Automotive 2019

    Top Vendors

    Automotive 2018

    Top Vendors

    Previous Next

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Bridging the Digitization and Cybersecurity Gap

    Nasrin Omar, Head of Cyber Security, Tenaga Nasional Berhad

    Achieving Business Agility

    Will Artificial Intelligence Replace Humans In Future?

    Key Challenges Facing Real-time Data Processing in Data Centers

    Digital Transformation Agility

    Angela Lam, CIO Shell Australia, COG & Integrated Gas, Shell (NYSE: SHEL)

    Technology Trends Impacting Digital Infrastructure in 2022

    Loading...

    Copyright © 2022 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    |  Sitemap |  Subscribe |   About us

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/how-ai-and-machine-learning-are-transforming-the-way-the-regtech-sector-operates-nwid-8082.html