RegTech and automated software provide significant advantages for asset managers and wealth managers alike. We’ve witnessed a rise of the machines in the finance sector, which coincides with the impact of the 2018 regulations, like MiFID II and GDPR. Following the fallout, financial institutions are being scrutinised for any failure to keep up with the evolving landscape, having to cope with the pressures and challenges of updating their models with alien technologies.
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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.