The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Cambridge Centre for Alternative Finance and EY Japan Join Forces to Launch Global RegTech Benchmarking Survey

The Cambridge Centre for Alternative Finance (CCAF), an international interdisciplinary academic research institute dedicated to the study of alternative finance, has launched its first survey of RegTech and SupTech (supervisory technology) firms in partnership with EY Japan and with support from industry bodies including The International RegTech Association.

Fieldwork is now underway for the survey, the primary aim of which is to create an evidence-based taxonomy of RegTech firms, then produce benchmarking data for regtech firms against this. Building on this, CCAF researchers plan to publish a report in the first half of 2019, assessing the outlook for the sector and its place in the broader innovation ecosystem.

“EY Japan has been working closely with government and private sector stakeholders to develop the environment underpinning RegTech innovation globally. Market participants are increasingly looking to use innovative technologies to meet their compliance obligations, and we are facing a gap where traditional regulations are not corresponding to new operations,” said a spokesperson for EY Japan.

The CCAF’s interest in RegTech is part of a global research agenda looking at how regulatory innovation and financial innovation feed off and into each other. Emmanuel Schizas, Lead in Regulation and RegTech at the CCAF, explains: “RegTech and SupTech are critical if the pace of industry and regulatory change is to be made manageable. So we work closely with regulators around the world to help them understand where such technology fits into their toolkits; this type of benchmark survey will help accelerate the conversation by establishing a common language around the sector.”

The survey will remain open until mid-March. To submit a response on behalf of your organisation, visit the survey landing page here.

Related content

WEBINAR

Upcoming Webinar: Regulatory change management – challenges, solutions and case studies

Date: 7 December 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Regulatory change has become part of the fabric of capital markets. It has also become increasingly complex as more regulations are introduced, significant amendments are made frequently, and small changes are made on a rolling basis – the whole...

BLOG

SmartStream Adds AI to Reconciliation Platform

UK-based SmartStream Technologies has launched TLM Aurora Universal Data Control, an AI-enabled platform for managing the complex data underpinning firms’ reconciliations activities. TLM Aurora UDC builds on the technology used for SmartStream’s Air, its next-generation AI solution for reconciliation processing, version 2 of which was officially launched in October last year. Air introduces advanced AI...

EVENT

Data Management Summit USA Virtual

Now in its 11th year, the Data Management Summit USA Virtual explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

ESG Handbook 2021

A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...