Regulatory Technology (RegTech) Market to Reflect a Holistic Expansion During 2023

marketgrowthanalysis analysis

Regulatory Technology (RegTech) Market to Reflect a Holistic Expansion During 2023

Overview

The banks and financial institutions operate in a highly regulated environment and continuously face new regulations to prevent money laundering and restrict terrorist funding. Banks spend hefty amount due to fines and penalties for non-compliance with regulations. The annual spending of the financial institutions for non-compliance issues is more than $100 billion. The FinTech industry, over the last couple of years, has realized the need and opportunity of RegTech software. The RegTech vendors offer software to simplify the implementation of regulations for financial institutions.

Market Revenue and Segmentation Analysis

The global RegTech market revenue is estimated to be $2,321.5 million in 2018 and is expected to reach $7,207.6 million by 2023, growing at a CAGR of 25.4% during the forecast period 2018–2023. The solutions include compliance management, reporting, identity management, and risk management. The compliance management solution segment is expected to grow at the highest CAGR during the forecast period. The solutions help organizations in key compliance areas and risk aversion for AML, KYC, MiFID II, Basel III, PSD 2, Solvency II, and AIFMD. The traditional compliance tools are not found to be effective to respond to regulatory changes in recent times. With the major focus of governments across regions with GDPR guidelines, RegTech is expected to majorly impact the financial service organizations. With an increased focus on data protection rules, organizations need to strictly adhere to compliances and monitor transparency in money transactions as laid down by the regulatory bodies to avoid huge penalties. Many RegTech vendors have partnered with GRC vendors to enhance their reach to the market and clients.

Request a Report Sample with Toc and figures to click here: http://marketgrowthanalysis.com/reports/sample/376

The adoption of RegTech is the highest in Europe owing to strict and mandatory rules and directives for financial transactions and data protection. The cloud deployment mode offers enterprises to opt for SaaS on a subscription basis as per usage rather than incurring costs on hardware and infrastructure. The Asia Pacific region holds a huge potential for the vendors and is expected to grow at the highest CAGR during the forecast period 2018–2023. The Asia Pacific region is expected to witness growth in RegTech due to the presence of a few emerging countries and financial hubs in Hong Kong, Singapore, and India.

The organization size includes large enterprises and SMEs. The large enterprises are estimated to hold the significant market share in 2018, however, SMEs are expected to grow at higher CAGR. The cloud migration of SMEs is comparatively easier than large enterprises, which is driving the growth of SaaS adoption. The organizations are deploying RegTech solutions because of the increasing focus to expedite regulatory operations and manually reduce the complexities for risk assessment.

Request for enquiry on This Report at: http://marketgrowthanalysis.com/reports/enquiry/376

Regions Analysis

The regions covered in the report are North America, Europe, Asia Pacific, Middle East Africa, and Latin America. The countries covered are the US, Canada, Germany, the UK, France, Netherlands, Switzerland, China, India, Australia, Japan, Singapore, Israel, United Arab Emirates (UAE), Brazil, and Mexico.

Benefits and Vendors

The report contains an in-depth analysis of vendor profiles, which include overview and offerings; and competitive landscape. The emergence of technologies, such as AI, ML, and automation, is impacting the market growth and organizations are adopting RegTech solutions for accurate document verifications, quick data insights, and to reduce risk vulnerability. The companies profiled in the report are Algoreg, Clarus, Reportix, NEX Regulatory Reporting, Lombard Risk, Ayasdi, Featurespace, Abside Smart Financial Technologies, Fintellix Solutions, Promapp, NetGuardians, AML Partners, EastNets, OpusDatum, and AXIOMSL.

The study offers a comprehensive analysis of the “Global RegTech Market”. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for companies to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, it helps the venture capitalists in understanding the companies better and take informed decisions.

Browse more detail information about this report visit at: http://marketgrowthanalysis.com/global-regulatory-technology-regtech-market

About Us:

Market Growth Analysis is one of the leading digital services provider and a result-oriented company based in Canada. We are a team of enthusiastic-driven individuals with top notch skills in SEO , Market research. Market Growth Analysis is a one stop shop to all your business needs. We help you thrive and succeed. We provide research solution.

Our digital and enterprise research assurance solutions are ideal for Automotive & Transportation, Electronics & Semiconductor, Chemicals & Materials, Healthcare, Pharmaceuticals & Medical Devices, Food & Beverage and Industrial Automation as well as all type of other leading industries verticals . We offer a vast line of in-depth study of industry trends including customized & client oriented specific requirement.

Our unique digital platform provides the services across the quality assurance research lifecycle on a 24X7 basis and delivers an unparalleled end-user experience for ‘mission critical’ products.

For any business solution, all you have to do is just ask and Market Growth Analysis will have a curated solution for you.

Contact US:

Unit 15A/7, capsquare residence

NO.02 persiaran capsquare

kuala lumpur, Malaysia

Postcode - 5000

Email: [email protected]

Website: http://www.marketgrowthanalysis.com

marketgrowthanalysis analysis

Regulatory Technology (RegTech) Market 2018 – 2023 Explore Future Growth With Top Players

Oliver 2019-12-27

OverviewThe banks and financial institutions operate in a highly regulated environment and continuously face new regulations to prevent money laundering and restrict terrorist funding.

The FinTech industry, over the last couple of years, has realized the need and opportunity of RegTech software.

The RegTech vendors offer software to simplify the implementation of regulations for financial institutions.Get Sample Copy Of The Report@ https://www.trendsmarketresearch.com/report/sample/9879Market Revenue and Segmentation AnalysisThe global RegTech market revenue is estimated to be $2,321.5 million in 2018 and is expected to reach $7,207.6 million by 2023, growing at a CAGR of 25.4% during the forecast period 2018–2023.

The solutions help organizations in key compliance areas and risk aversion for AML, KYC, MiFID II, Basel III, PSD 2, Solvency II, and AIFMD.

With the major focus of governments across regions with GDPR guidelines, RegTech is expected to majorly impact the financial service organizations.

Many RegTech vendors have partnered with GRC vendors to enhance their reach to the market and clients.The adoption of RegTech is the highest in Europe owing to strict and mandatory rules and directives for financial transactions and data protection.

RegTech Empowers AI Leaders to Conquer Compliance

martechcube 2023-12-06

In today’s rapidly evolving business world, regulatory compliance is not just a buzzword; it helps in the success and sustainability of organizations. This article outlines how AI can empower your business through RegTech and how it will likely embrace compliance in the future. The Future of Compliance with RegTech and AIThe future of compliance has a lot of potential when it collaborates with AI and RegTech. The powerful synergy that has transformed and impacted innovations in regulatory compliance has laid the foundation for a better future. However, artificial intelligence in RegTech is still in its infancy today, although there is regulatory compliance that needs automation through AI.

How RegTech Streamlines Regulatory Processes in Digital Brokerage

Miyu Josh 2023-10-18

In order to stay well-informed about their regulatory obligations, financial services companies are now turning to innovative and progressive Regulatory Technology (RegTech) solutions. These RegTech tools are invaluable for assisting broker-dealer firms in efficiently and effectively fulfilling their responsibilities. These RegTech solutions have the potential to enhance firms’ compliance programs, thereby promoting safer markets and ultimately benefiting investors. Customer Identification and AML Compliance:RegTech aids “know-your-customer” (KYC) and anti-money laundering (AML) compliance. Ionixx assists broker-dealers in maintaining pre-trade regulatory compliance through dynamic order management systems.

Global Regulatory Technology (RegTech)Market Expecting To See Robust Growth In Future till 2025: Top Keyplayers: Bearingpoint, Accuity, MetricStream, Broadridge, Traiana, NICE Actimize etc.

Akash S 2021-06-09

The new report studies the Global Regulatory Technology (RegTech) Market in detail and presents comprehensive forecasts regarding the market’s growth trajectory in the coming years.

This report studies the global Regulatory Technology (RegTech) market, analyzes and researches the Regulatory Technology (RegTech) development status and forecast in United States, EU, Japan, China, India and Southeast Asia.

In addition, the sources of raw materials used for manufacturing by the key manufacturers in 2019 have been detailed in this study.Major Companies Profiled in Regulatory Technology (RegTech) Market are:BearingpointAccuityMetricStreamBroadridgeTraianaNICE ActimizeAcinFinastraFenergoTargens GmbHSysnet Global SolutionsIdentityMind GlobalMindBridge AiLombard RiskEastNetsExiger (DDIQ)ArachnysAmlpartnersAgreement ExpressRegbotThe cost analysis of the Global Regulatory Technology (RegTech) market has been performed while keeping in view manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend.

Other factors such as industrial chain, downstream buyers, and sourcing strategy have been assessed to provide a complete and in-depth view of the market.

Buyers of the report will also be exposed to a study on market positioning with factors such as target client, brand strategy, and price strategy taken into consideration.Buy Regulatory Technology (RegTech) Market Report at Discount: https://www.orbisresearch.com/contact/purchase-single-user/4156281All the way through this report, the core dynamic factors of the Regulatory Technology (RegTech) market were acknowledged and the commercial partners, end users were also worked out.

Abundant interviews and talks were conducted with the protuberant leaders of the industry to gain dependable and reorganized information relevant to the market.Global Regulatory Technology (RegTech) Market is segmented based by Type, Application and Region.Based on Type, the Market has been segmented into:Risk ManagementIdentity Management & ControlComplianceRegulatory ReportingTransaction MonitoringBased on Application, the Market has been segmented into:Small and Medium-sized Enterprises (SMEs)Large EnterprisesAsk Our Industry Expert: https://www.orbisresearch.com/contacts/enquiry-before-buying/4156281Table of Content (TOC):Market Overview: The report begins with this section where product overview and highlights of product and application segments of the global Regulatory Technology (RegTech) Market are provided.

Regulatory Technology Market Size, Share, Growth Rate, Trends, Analysis, Future Scope, Forecast To 2027

Shweta Raj 2021-06-09

Regulatory Technology (RegTech) Market Research Report Information, —By Application (Risk & Compliance Management, Regulatory Intelligence, Fraud Management, Identity Management, Regulatory Reporting), Deployment – Global Forecast till 2027Market HighlightsAmong the various applications such as Risk & Compliance Management, Fraud Management, Regulatory Reporting, Identity Management, the regulatory intelligence segment is expected to grow at the highest CAGR during the forecast period.

This identification enables the financial institutions to cope with the varying regulatory environment easily and reduce the risk of non-compliance.

Moreover, the analytics offer financial institutions with insights which assists them with well informed decisions about regulatory adherence.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/7343Key PlayersThe key players in the global RegTech market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise.

Some of them are— Deloitte Touche Tohmatsu Limited (US), International Business Machines Corporation (US), London Stock Exchange Group plc.

(UK), NICE (Israel), PWC (UK), Thomson Reuters Corporation (US), Bwise (Netherland), Compliance Solutions Strategies (US), Lomabard Risk (UK), Infrasoft Technologies Ltd. (India), Abside Smart Financial Technologies SL (UK), Fintellix Solutions (India), OpusDatum Ltd. (UK), NetGuardians Inc. (Switzerland), Alto Advisory (Luxembourg).

The key strategies adopted by most of the players are partnerships and agreements, collaborations, and new product releases.Regional AnalysisThe global Regulatory Technology Market is expected to grow at a CAGR of 22.8% during the forecast period.

RegTech Market Industry drivers, Restraints, and Regional Outlook from 2023-2032

gogo 2023-01-04

According to the research report, the global RegTech market was valued at USD 7. Ask Us to Get Your Sample PDF Report on RegTech Market Covering TOC and Regional Analysis @ https://www. Moreover, various analytical methods like Porter’s Five Forces Analysis, PESTLE Analysis, Player Positioning Analysis, Market Share Analysis, Value Chain Analysis, and SWOT Analysis have been used to analyze the RegTech Market. About Us:Polaris Market Research is a worldwide market research and consulting organization. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

WHO TO FOLLOW