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The Global RegTech Market is estimated to be USD 6 Bn in 2020 and is expected to reach USD 13.4 Bn by 2025, growing at a CAGR of 17.5%.
Key factors promoting the growth of the market are the rising number of fraudulent activities such as money laundering taking place in the financial sector. This has required a need for risk and compliance management system, especially for large scale organizations. Besides, the adoption of Regulatory Technology (Reg Tech) software can also be effective in reducing compliance costs by speeding up the business processes and increasing the organization s overall efficiency.
The Top 25 RegTech Executives of 2021
Share Article NEW YORK (PRWEB) January 27, 2021 The Financial Technology Report is pleased to announce The Top 25 RegTech Executives of 2021. As entrepreneurs and executives, these exceptional leaders were selected from a vast pool of nominees for their ability to provide some of the most advanced solutions on the market while guiding and scaling their organizations. They have employed sophisticated technology inclusive of AI, machine learning, big data, and cloud computing to effectively combat data breaches, cyberattacks, money laundering, and other fraudulent activities.
The regulatory technology sector continues to grow in significance given the now widespread use of digital financial services. As the business community shifts in concert to the cloud, governments and regulatory bodies have increased scrutiny over how financial institutions are safeguarding their operat
Regulatory Technology (RegTech) Market 2021 Global Leading Drivers, Emerging Audience, COVID – 19 Outbreak, Segments, Industry Profits Growth and Reg
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Börse Express - Compliance Solutions Strategies in die REGTECH100 aufgenommen boerse-express.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boerse-express.com Daily Mail and Mail on Sunday newspapers.