RegTech

Rapidly changing customer needs, new competitors, macroeconomic uncertainties and increasingly complex regulations - the field of tension in which compliance and risk functions in the financial sector operate is influenced by various external factors. In addition, an increasingly agile working environment demands both real-time data provision and cost efficiency.

Regulatory technology - or "RegTech" for short - and the companies active in this field advertise with the promise of using technology to increase speed in the strictly regulated financial market environment, thereby increasing efficiency and digitalising and automating processes.

The technologies used by RegTechs are as diverse as their areas of application. For example, deep learning algorithms that automatically gain insights from structured or unstructured data can reduce the effort required to identify regulatory changes and thus enable cost efficiency. Machine learning can help to optimise know-your-customer processes and increase efficiency in the anti-financial crime environment.

KPMG has many years of in-depth expertise and industry knowledge in the area of regulatory management and compliance. We combine this expertise with a comprehensive overview of the RegTech market and close contacts with various technology providers - from start-ups to established software companies.

We support you from the selection of suitable technology companies to the technical support of implementation projects and in-house development for the more efficient organisation of regulatory management, anti-financial crime and compliance processes.