Although regulatory technol- ogy (Reg Tech) is a sub-set of the more established, and
traditionally disruptive, financial technology (Fin Tech) market, it is widely
viewed as more of an enabler.
The financial services market is
becoming one of the most regulated
industries on the planet. Combined
with the complexity of the financial
industry, regulatory impacts have
brought about a new demand for
Reg Tech has only truly entered the financial market lexicon
in the last year, yet the sector’s rapid growth is telling. But has it really diverged
from Fin Tech and its disruptive roots and can this new industry truly
prove to be a force for change? Asks Joe Parsons.