Ever see a monster movie, where the monster rises slowly out of the water? At first, it doesn’t seem like much, but then the true scale is revealed. At that point you sure don’t want to be on the wrong side of the monster!
Currently, the full scale of RegTech (Regulation Technology) is mostly hidden from view. But, soon RegTech will rise and be a powerful force for any organizations in highly-regulated industries, such as finance. While no monster, it will cause significant issues for financial firms that neglect its powers.
It’s time to behold the rise of Regtech and prepare for its dominion.