The International RegTech Association (IRTA) and The Disruption House (TDH) have partnered to support accelerated adoption of regtech solutions in financial services. The partnership gives IRTA members access to the TDH Scorecard service at a discounted rate. The scorecard service provides independent, detailed analysis on a company and its technology, together with analytical commentary on the longer-term potential and viability of the business.
Rupert Bull, co-founder and CEO at TDH says: “Doing business in a highly-regulated environment can be problematic, and while the appetite to adopt innovative new solutions exists, many financial institutions are finding the route to engagement onerous. The TDH Scorecard has been created to help participating firms overcome these challenges.”
Picking up on the problems of adopting regtech solutions, Ben Richmond, chief executive at the IRTA, adds: “The IRTA is committed to helping break down the barriers to engagement that exist between regtech providers and regulated financial institutions. Our collaboration with TDH offers an opportunity for our members to accelerate engagement. The TDH Scorecard de-risks the evaluation process by providing independently collated and validated analysis on a regtech provider’s offering. Regulated institutions gain a trusted source of information, enabling them to evaluate and engage with credible solution providers in a timely manner.”