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Banks need to take more risks and be prepared to implement something that might fail, according to a panel at the Global RegTech Summit 2018.

Compliance officers and banks need to combat risk as soon as possible, but sometimes implementing solutions can take too long once all testing of solutions has been completed. The panel at the Global RegTech Summit which included, senior staff from Theta Lake, OakNorth Bank, Santander, HSBC Digital Bank and Willis Towers, discussed the current trends in the RegTech market and how they keep ahead of innovation in risk management.

Watch the video here.

Devin Redmond

Author Devin Redmond

Devin has more than 2 decades of experience in enterprise risk and compliance. The former CEO and Co-Founder of Nexgate, a pioneer in social and digital media compliance and security acquired by Proofpoint (PFPT) in 2014, he also held executive and leadership roles at Check Point, Neoteris, Websense, and more. In addition to living in 7 countries and speaking 3 languages, Devin is a frequent public speaker that is passionate about modern digital risk and compliance technology that helps businesses gain a competitive advantage.

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