RegTech & Compliance Automation?
Definition
Moving beyond simple task automation, these function as 'Predictive Risk Management systems' where Artificial Intelligence detects and warns of regulatory violation risks in advance. Furthermore, Blockchain is utilized to ensure the integrity of regulatory reporting data, while changing global regulations are tracked in real-time and reflected in internal corporate policies.
Drivers
Due to geopolitical tensions and sustainability requirements, the Regulation environment is becoming unpredictable and multi-layered, with complexity exceeding the limits of human management.
Pressure on companies for cost reduction is making it difficult to maintain traditional high-cost, labor-intensive Compliance response methods.
Opportunities
Compliance Tech Advisory
Providing high-value services that consult on the entire process of selection, adoption, and Operations for RegTech solutions optimized for clients.
Predictive Risk Management Subscription Service
Providing a monthly subscription-based solution that monitors regulatory changes based on Artificial Intelligence and provides advance warnings for potential violation risks.