ReGtECH 2020 Predictions from your Friends at the CRTA

In 2019 RegTech evolved from being an experiment to a reality. FIs realized that RegTech is a tool that fits into a well-defined, broader compliance framework and can help reduce compliance risks when coupled with the right data, people and processes. We also saw global regulators go on the record about RegTech and start to ask FIs questions about how they are leveraging RegTech and exploring SupTech* to manage their own processes.  Investment in RegTech grew by 103% and it has matured to its own vertical.  At the CRTA, we believe that RegTech will continue to transform Canada’s financial services ecosystem and will evolve into a necessary utility. We plan to continue to lead the conversation, drive strategic thinking and mobilize action. Here’s what some of our Board and Advisors predict for 2020:  
CRTA 2020 Predictions