WHAT IS REGTECH?

By definition, RegTech is the adoption of the latest technologies to facilitate compliance with the increasingly demanding and changing regulatory requirements. As a consequence, RegTech combines two very different areas: Regulation and Technology.

In addition, RegTech involves dealing with Anti-Money Laundering and Countering the Financing of (AML/CFT), FATCA or CRS, as well as the new European Payments Directive (PSD2) and the new Regulation of Data Protection (GDPR).

RegTech also consists of other significant areas of expertise, such as Big Data and Advanced Data Analytics, Artificial Intelligence and Machine Learning or Biometrics and Blockchain.

In short, RegTech is the Digital Transformation brought to the world of Regulation.

Ipad Araua
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Normativa Updates per Year
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Daily Media Regulations Updates
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Compliance Staff in Big Banks
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MM$ in sanctions since 2009

REGTECH ADVANTAGES

Agility

Through the use of disruptive technologies, RegTech provides flexibility and adaptability to the constant regulatory changes.

Speed

RegTech Solutions provide a high degree of parameterization , modularity and scalability which translates to the perfect Adaptation to any business without long and expensive customization processes .

Integration

The ease of integration of the RegTech Solutions shortens implementation times and derived costs. The use of Cloud technologies also allows their arrival to companies of all the sizes .

Analysis

The RegTech Solutions, focused on extracting the maximum value from the data, through Advanced Data Analytics, generate knowledge from data that can be used by different levels of the organization .

OUR REGTECH SOLUTIONS ...

Digital Onboarding

Screening-Search in Lists

Know Your Customer (KYC/KYDC)

FATCA AND CRS

REGTECH CONTRIBUTIONS

Always updated according to current Regulations

Simplification of Compliance processes

End-To-End Automation

Modular and Scalable Systems

Agile and Fast Reporting

Data-Centered Strategy

In the Short to Medium Term:
  • Reduction of Compliance Cost through the standardization and simplification of its processes.
  • Sustainable and Scalable Solutions that allow growth according to the needs of Compliance.
  • Convergence of Risk and Control on the same platform.
Long Term:
  • Improvement of the User Experience with robust protection systems against fraud.
  • Encourages market stability through solutions that protect the health of financial institutions.
  • Improves the governance of the institutions and monitors its deviation from the ethical behaviors and transparency defined.

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