This report provides a deep-dive analysis of Regulatory Technology or RegTech, a critical segment of innovation in the financial services industry. In this report, we explore the increasing need for technologically enabled solutions in an environment of a rapidly growing body of regulations governing bank activity and the increased cost of compliance. In this report, we look at the benefit of RegTech beyond cost savings, specific problem areas, challenges involved in implementing these solutions, the emergence of SupTech as a breakout segment, a supervisor's role in RegTech innovation, and the adoption strategy for banks and FIs.
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