Firms are rethinking their approach to regulatory technology
How can firms effectively manage customer data, meet increasing regulatory expectations, and combat competitive pressures? There is a growing recognition of the need to 'get the fundamentals right.' For the compliance function, this means how their data and teams are structured. 39 percent of firms said digitally transforming legacy systems was their most significant compliance-related pain point, six percentage points higher than two years ago. From data transformation to AI and ESG, we explore the wider trends shaping the compliance function today.