Regtech solutions help companies to adapt dynamically to new requirements
RegTech, often described as a new FinTech, means regulatory technology and is connected mostly with the financial services industry. RegTech software solutions chang how companies comply with regulations globally. They are usually powered by such new technologies as cloud computing, big data, machine learning, and natural learning processing or artificial intelligence. These solutions help companies to streamline compliance and risk management bringing more data and efficiency to regulatory requirements.