RegTech companies use various technologies and solutions

RegTech companies use various technologies
  • Individual paper
  • Technology has changed different businesses’ classic operations, and financial institutions are not an exemption. Along with phenomena such as FinTech (the use of technology to deliver financial solutions in a manner that competes with traditional financial methods) and InsurTech (the use of technology innovations designed to squeeze out savings and efficiency from the current insurance industry model) which have challenged financial institutions’ classic business models, RegTech (Regulatory Technology) have had a significant impact on their regulatory affairs.


Please write an essay (at least 2000 words) on how RegTech companies use various technologies and solutions (Blockchain, Machine Learning, Cloud Computing etc.) to help financial institutions in different regulatory areas (Risk Management, Compliance, etc.). You need to include real examples of RegTech products and services developed to help financial institutions.
 
Note:
–        Please be sure to reference your sources in appropriate APA formatting and provide substantive evidence of any claims you make.
–        Turnitin will be used to verify the originality of your work. (Please study UCW Academic Integrity Policy 5006)
– The deadline to submit your work is May 27th at midnight.

-Academic References Should be there alongside APA 7 format

– Around 60 percent content of Individual assignment should be on RegTech Companies along with include real examples of RegTech products and services developed to help financial institutions.( very very Important real examples)

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