IDC Perspective: Leveraging Regtech for Enhanced Compliance and Risk Management in Asia/Pacific (Excluding Japan) Banks
This IDC Perspective provides guidance on regulatory technology (regtech) use cases for the banking industry and must be read in conjunction with other IDC research compliance and risk management–related technology. This research suggests several regtech applications that could lead to significant process improvement, cost savings, and enhanced regulatory fulfillment particularly around reporting, financial crime, and financial risk management.
Please Note: Extended description available upon request.
Executive Snapshot
Situation Overview
Definition and Context of Regtech
Rise of Regtech in the Banking and Financial Services Industry