How can firms use RegTech to improve regulatory reporting?

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Source: Fintech Global

Regulatory reporting can sometimes be a highly burdensome and slow process for companies to undertake, making it tougher for them to focus on growth strategies. What role can RegTech play in improving this?

A recent discussion – taken from the Professional RegTech Certificate Training Course asked this key question amongst others, with Ashley Smith and Jackie Dunne, senior enterprise sales director and global head of client delivery at Compliance Solutions Strategies respectively – taking part.

One way that RegTech is helping firms optimise and make their services more efficient is by cutting through complexity, a common thread that runs through many organisations’ regulatory reporting processes. Instead of having experiences that are long, drawn-out and inefficient, many RegTech technologies are beginning to open the door for financial services firms to make their regulatory reporting processes more seamless and optimised…

Read full article: https://fintech.global/2023/08/09/how-can-firms-use-regtech-to-improve-regulatory-reporting/

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