The rapid evolution of regulatory technology (RegTech) is reshaping compliance and financial crime prevention. Advances in computing power, data analytics, and artificial intelligence are enabling financial institutions to enhance risk management, streamline compliance, and reduce costs. However, despite its potential, many RegTech providers—especially smaller firms and startups—struggle to gain traction in an industry dominated by established players and complex procurement processes.

This Paper Focuses On:

• The growing role of RegTech in combating financial crime, including AML, CTF, and sanctions compliance

• The key barriers preventing smaller RegTech providers from entering the market

• Challenges posed by lengthy procurement processes, supplier due diligence, and risk-averse banking culture

• The importance of regulatory sandboxes and partnerships for scaling innovation

• Practical steps for financial institutions to embrace RegTech solutions more effectively

This Paper Is Intended For:

• Financial institutions and compliance teams seeking to enhance their regulatory frameworks

• RegTech startups navigating the complexities of financial sector procurement

• Risk managers and legal professionals advising on technology adoption

• Regulators and policymakers shaping the future of compliance innovation

• Investors exploring opportunities in the expanding RegTech market

RegTech is poised to transform the financial industry, but overcoming institutional barriers is crucial to unlocking its full potential. Download the full white paper to explore how providers and financial institutions can bridge the gap and drive meaningful change.